Jin Mao Partners Provided Legal Service for Shanghai Chengtou

In July 2008, a famous listed company, Shanghai Chengtou Holding Co., Ltd. successfully executed material assets reorganization. The company exclusively offered 413,700,000 A- Shares to the controlling shareholders at a price of 15.61 yuan per share to purchase one hundred percent of equity of its subordinate material operating assets – Environment Group and Land Group. The appraised value of injected assets amounted to 7,127,000,000 RMB Yuan. Jin Mao Partners was retained to be the legal advisor for the whole process.