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03 Apr 2017

Wonderful Sky Financial Group Assists Luzhou Xinglu Water (Group) Co., Ltd.(Stock Code: 2281.HK) with the Successful Listing on HKEx

Luzhou Xinglu Water (Group) Co., Ltd.* (“Xinglu Water” or the “Company”, Stock Code: 2281) commenced trading on the Main Board of The Stock Exchange of Hong Kong Limited (“SEHK”) today.

 

The Management of the Company said, “The successful listing on the Main Board of SEHK, is an important milestone for Xinglu Water. On behalf of the Company, we would like to express our gratitude to SEHK and other regulators for their support, working parties for their efforts, investors for their recognition and support. Leveraging this capital market platform and seizing industry development opportunities in China, we will strive to expand business with a prudent use of capital, and generate long-term stable returns for shareholders.”

 

It is currently an enterprise group which is primarily engaged in tap water supply and wastewater treatment business in Luzhou, Sichuan Province. The predecessor of Luzhou Xinglu Water (Group) Co., Ltd.*(“Xinglu Water” or the “Company”) is Luzhou City Tap Water Plant*, which was founded in 1958, reorganized in July 2002 and converted into the Company in December 2015. The registered capital of the Company was RMB664.31 million as of the Latest Practicable Date and was held by Luzhou City Xinglu Investment Group Co., Ltd. as to 79.35%, Luzhou Laojiao Group Co., Ltd. as to 10.92% and Luzhou City Infrastructure Investment Co., Ltd. as to 9.73%. As of 31 October 2016, the Company operated six tap water supply plants with an aggregate designed capacity of approximately 280,500 tons per day and nine wastewater treatment plants with an aggregate designed capacity of approximately 261,000 tons per day.

 

As the only major integrated financial communications company in the world that is listed on the HKEx, Wonderful Sky will continue to provide a "one-stop” and eight-in-one prime financial public relations services, including financial public relations, investor relations, international roadshows, financial printing , corporate branding, ESG report, corporate doctor and headhunting program. “Your Success is Our Inspiration” is the motto of Company's Group, by which we strive to become the select partner of listed companies for the long term by offering customized and professional services to Company's clients.