Dacheng Assists Tuoshan Heavy Industries in Successfully Exiting to the Mainboard of Shenzhen

On June 22, 2022, Anhui Tuoshan Heavy Industries Co., Ltd. (stock code: 001226) officially listed on the mainboard of Shenzhen Stock Exchange. Tuoshan Heavy Industries issued 18,6667 million new shares at the issuance price of RMB24.66 for each share and raised proceeds of RMB460.3208 million. The Dacheng Law Offices special legal services team, consisting of Mr. Zhang Wei and Mr. Zhao Chaopeng, senior partners of the Dacheng Law Offices, LV Weijie, senior consultant, and Mr. Chen Weijie and HUANG Ke members of the Dacheng Law Offices, provided full range of professional legal services to Tuoshan Heavy Industries for this public offering and listing of shares on the mainboard of the Dacheng Law Offices. The project team has gained recognition and affirmation from clients and intermediaries for the project by making rigorous and practical attitude and providing professional services.

Tuoshan Heavy Industries is a high-tech enterprise integrating the research, development, design, manufacturing, sale and service of components and assemblies of construction machinery. With its years of unremitting efforts and accumulation in the field of construction machinery, the company has accumulated rich manufacturing experience and process technology advantages in forging, machining, heat treatment, flaw detection and other production links, and has the ability of forging on a full scale with complete specifications and categories and excellent product quality. The main products of the company include chain links, pin sets, track wheels, pin shafts and brake device series, which are mainly applied in the field of construction machinery and have key effects on the working performance and action performance of construction machinery and equipment.