JunZeJun provides legal services to Wanxin Media on its successful listing and IPO

Conselled by JunZeJun legal teams led by Mr. Li Min and Mr. Li Rong, Anhui Xinhua Media Co., Ltd gained great success on its listing and initial public offering on the Shanghai Stock Exchange on 18 January 2010. The above company kept the sixth place in ranking of the press and publication industry nationwide and the second place in the field of publication. It is the largest publication enterprise in the middle district in China and the largest-scaled culture corporation in Anhui province. The public offering processes included the issuance of 110 million stock shares with the issue price of 11.80 yuan and the PE ratio of 42.56, raised an aggregate amount of 1.298 billion yuan.