Deacons advises Jianzhong Construction Development Limited on its Main Board IPO.
The company is a leading and fast-growing construction services provider based in Fujian Province which specialises in offering one-stop solutions in foundation works. The company also engages in construction machinery, equipment and tools leasing services. It also operates a sewage treatment plant and engages in the sales of construction materials and equipment and others.
The company published its IPO prospectus on 29 February 2020, seeking to raise up to approximately HK$257.8 million. Dealings in its shares on the Main Board of the Hong Kong Stock Exchange are expected to commence on 18 March 2020.