On 15th November 2019, China PengFei Group Limited (“CHINA PENGFEI GROUP” or the “Company”, together with its subsidiaries, collectively the “Group”; Stock Code: 3348HK) was successfully listed on the Main Board of the Stock Exchange of Hong Kong Limited and trading of its shares commenced today.

Essence Corporate Finance (Hong Kong) Limited is the sole sponsor of this listing, and Essence International Securities (Hong Kong) Limited is the exclusive global coordinator of its global offering. Essence International Securities (Hong Kong) Limited and Solomon JFZ (Asia) Holdings Limited are joint bookrunners.

 

Mr. Wang Jiaan, Executive Director and Chairman of the Board of China PengFei Group Limited, said, “We are very glad that China Pengfei Group is officially listed on the Main Board of the Hong Kong Stock Exchange, which opens a new chapter for the development of the group, and the listing is also an important milestone for the future accelerated development. We are sincerely grateful for the investors for their recognition and support. As a leading supplier of rotary kiln, grinding equipment and related equipments in China and the global market, and as an EPC service provider of production line construction, China Pengfei Group will continue to strengthen our market position in the building materials industry and further diversify into metallurgy, chemical and environmental protection industries. Looking into the future, we will open up more potential business opportunities in the “Belt and Road” countries and continue to increase investment in our research and development capabilities, such as the development of effective rotary kiln pyrolysis technology for co-processing solid waste, and continue to strengthen our competitive edge in the market and create sustainable value for our shareholders through the acquisition of such technologies and patents that meet the needs of our national environmental policy.”