Dentons advises Huangshan Zhenzhou Electronic Scientific on NEEQ listing

On October 22, 2018, Huangshan Zhenzhou Electronic Scientific Co., Ltd. (stock code: 873057; stock name: Huangshan Zhenzhou) was successfully listed on the National Equity Exchange and Quotations (NEEQ). The company was advised by a Dentons Shanghai-based team, consisting of partner Wang Yue and associate Zhang Guangpeng. Their service included conducting due diligence, advising on restructuring and issuing an attorney's opinion letter, etc. This project is also an important start for Dentons' deep involvement in Huangshan's local capital empowerment and industrial transformation and upgrading strategy.

Huangshan Zhenzhou is a high-tech enterprise integrating R&D, manufacturing and sales of aluminum electrolytic capacitors. Its products are divided into two series: DC capacitors and AC capacitors. The series of DC electrolytic capacitors mainly include industrial switchable UPS, electric vehicle charging pile power supply, and high-voltage large-capacity aluminum electrolytic capacitor for power supply filtering; the series of AC electrolytic capacitors are system starting capacitors, widely used on motors, refrigerator compressors and air conditioners. The company's products have successively passed the German VDE certification, the United States' UL certification, China Quality Certification Centre's CQC certification, and the ISO9001:2008 quality management certification. In order to meet the needs of the clients, after many years of efforts, in September 2013, the company's refrigerator compressor starting capacitor became the first product that passed the German VDE (330V series) certification, indicating its performance indicators have approached or reached the international level. The company's registered trademark is Zhenzhou. Its products are recognized by well-known domestic enterprises such as Haier, Midea and Aucma, and in conformity with the requirements of EU ROHS and REACH environmental protection directives.