Zhonglun W&D Facilitates Approval of Juneng Robotics’s IPO Project on Beijing Stock Exchange

On February 21, 2023, the application of Ningxia Juneng Robotics Co., Ltd. for issuing shares to unspecified accredited investors and listing on the Beijing Stock Exchange (BSE), with Zhonglun W&D Law Firm serving as its legal counsel, was approved at the 8th review meeting of the BSE Listing Committee in 2023. Ningxia Juneng Robotics Co., Ltd. has become the first company to pass the BSE review following the full implementation of the registration-based IPO regime in China on February 17.Established in 2008, Ningxia Juneng Robotics Co., Ltd. is a provider of integrated smart manufacturing solutions centered on robotics and intelligent technologies. Within the industrial robotics sector, it has been listed in the third batch of enterprises under the Ministry of Industry and Information Technology’s (MIIT) “Standard Conditions for the Industrial Robotics Industry”. It has also been recognized as a national intelligent manufacturing system solution supplier that meets standard conditions (second batch), and designated as a national specialized, high-end, distinctive, and innovative “Little Giant” enterprise (second batch). In 2019, as the sole bid winner in the MIIT’s digital workshop integration category (covering machine tools and robotics), the company was entrusted by the MIIT to undertake the project of providing national intelligent manufacturing system solutions.The legal team was led by partners Chunfen Cao and Huishan Pei, with team members including Yimin Sun, Tianxu Fan, and Zhenfeng Bu, who provided comprehensive legal services throughout the process. Colleagues from the Qingdao, Jinan, and Tianjin Offices offered substantial support for the project. The Zhonglun W&D legal team earned high trust and recognition from clients and partners through their solid expertise, efficient approach, and meticulous services.Chunfen Cao, Partner, is a member of the Communist Party of China and holds a Juris Master degree from Peking University. She serves as a Member of the Securities Risk Control Committee, as well as Deputy Director of the Professional Committee of Corporate and Securities, the Professional Committee of State-owned Assets Management, and the Professional Committee of Energy and Environmental Protection. Additionally, she holds the position of independent director at two listed companies and companies preparing for listing.