Press Release

FCIB Acted as the Sole Sponsor and Sole Underwriter for Lihe Technology (Hunan) Co., Ltd.

Lihe Technology (Hunan) Co., Ltd. (300800.SZ), hereinafter referred to as LIHE, successfully completed the subscription session for its Initial Public Offering of 20.00 million shares on October 24th, 2019, and the newly-issued shares have been listed on the GEM Board of Shenzhen Stock Exchange since November 6th, 2019. FCIB acted as the sole sponsor and sole underwriter for the deal. The total amount of funds raised from this offering was RMB 1.0128 billion.

LIHE is an advanced environmental monitoring equipment manufacturer, which takes the independently developed environmental monitoring equipment as the core, and adopts automatic control and system integration technology to provide clients with automated and intelligent environmental monitoring systems and operational services. As a technology-innovative enterprise, LIHE has mastered the core technologies of environmental monitoring equipment production and environmental monitoring system integration, and has outstanding market competitive advantages in the environmental monitoring equipment industry, especially in the field of water quality monitoring equipment.

FCIB’s efficient and effective project execution capability ensured the successful completion of regulatory approval process, and helped to gain full recognition from the client and regulatory institutions for its strong execution and communication skills. The success of this deal earned a favorable reputation for FCIB in the capital markets.