Jiangsu Fengchuen（e-Future）and Azores Capital LLP held the Overseas IPO Launch and Signing Ceremony at Jiangsu Fengchuen Headquarters. Mr. Li Longde, Chairman of Jiangsu Fengchuen, and Mr. Zuo Zhibang, Chief Managing Partner of Azores Capital LLP signed the agreement on behalf of both parties.
At the beginning of November, Jiangsu Fengchuen (e-Future) and Azores Capital LLP held the launch and signing ceremony of the overseas IPO of Jiangsu Fengchuen New Energy, and Mr. Li Longde, Chairman of Jiangsu Fengchuen, and Mr. Zuo Zhibang, Chief Managing Partner of Azores Capital LLP Capital signed the agreement on behalf of both parties.
Fengchuen (e-Future) is committed to becoming a world leading service provider of intergrated solutions in the field of new energy commercial vehicles, focusing on the development, design and production of new energy commercial vehicles and package products, covering commercial vehicles battery systems, battery swapping stations, etc.mastering the core technologies of the industrial chain. At present, the company has established 5 subsidiaries, more than 50 dealers and after-sales service networks around the world.
Azores Capital LLP is a boutique investment bank with 27 years of Wall Street history. The company is committed to providing Chinese enterprises with growth potential with pre- and post-IPO services: including pre-IPO round financing, listing counseling, listing stock reimbursement, and post-listing private placement and mergers and acquisitions. Azore sCapital LLP began to lay out the Chinese market in 2010, and has successively set up operation teams in Shanghai, Ningbo and Beijing, linking the global capital markets of China, the United States, Hong Kong and Australia, and providing global customers with partner financial services.
After the signing of this strategic cooperation, Jiangsu Fengchuen and Azores Capital LLP will prepare for Jiangsu Fengchuen's listing in Singapore, carry out comprehensive planning and operation, and plan to raise US$150 million overseas.