PRESS RELEASE
7 November 2019

DeHeng Advised Wufang Optoelectronic Technology On Its IPO on SME Board of Shenzhen Stock Exchange

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DeHeng Law Offices

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DeHeng Law Offices logo
DeHeng Law Offices is one of the leading law firms providing comprehensive legal services. It was founded in 1993 as China Law Office and was renamed in 1995 as DeHeng Law Offices, reflecting the firm's evolution from an institution of the Ministry of Justice to rapid emergence as an independent, private law firm with 37 domestic and foreign branches and over 2,500 legal service professionals.
On September 17, Hubei Wufang Optoelectronic Technology Co., Ltd. ("Wufang Optoelectronic Technology") held an initial public offering of 50.4 million A shares on Shenzhen Stock Exchange and was officially listed on the SME board with the stock code "0029
China

▲The IPO ceremony

On September 17, Hubei Wufang Optoelectronic Technology Co., Ltd. ("Wufang Optoelectronic Technology") held an initial public offering of 50.4 million A shares on Shenzhen Stock Exchange and was officially listed on the SME board with the stock code "002962". DeHeng acted as its counsel for the IPO. 

Founded in 2012, Wufang Optoelectronic Technology is a high-tech enterprise specializing in R&D, manufacturing, and sale of precision optoelectronic thin-film components. Its product lineup features infrared cut-off filter (IRCF) and biometric filter, mainly used in digital imaging for mobile phone cameras, built-in cameras of computers, car cameras and security cameras. Its clients include Huawei, Xiaomi, OPPO, VIVO, Lenovo and other well-known mobile phone brands. It has established long-term and stable partnerships with well-known optical module manufacturers such as Sunny, O-film, TRULY and Q Technology. After years of development, it has become a major IRCF manufacturer in China, with a high level of market share and brand awareness.

▲DeHeng lawyers were invited to the IPO ceremony of Wufang Optoelectronic Technology

(From right to left: lawyer Liu Zhenguo, director Wei Lei of Wufang Optoelectronic Technology, lawyers Tang Yongsheng, Chen Hongyu and Deng Shuyi) 

As the legal counsel for the IPO, the DeHeng team composed of partner Liu Zhenguo and lawyers Tang Yongsheng, Zheng Jie, Chen Hongyu, Guo Yaosen and Deng Shuyi has provided full-process legal services for the client since 2017, winning high praises from the latter. In the future, DeHeng will continue to provide high-quality legal services to clients in domestic and overseas IPOs and M&A deals .

Contributor

DeHeng Law Offices logo
DeHeng Law Offices is one of the leading law firms providing comprehensive legal services. It was founded in 1993 as China Law Office and was renamed in 1995 as DeHeng Law Offices, reflecting the firm's evolution from an institution of the Ministry of Justice to rapid emergence as an independent, private law firm with 37 domestic and foreign branches and over 2,500 legal service professionals.

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