DCSX has approved the listing of 15,000,000 trade-able shares of Heng Hua Holding Limited (DCSX Symbol: HHSV) @ USD 0.50 with an initial market capitalization of USD 7.5Million. SSC Corporate Services Limited is the mandated Listing Advisor.
Heng Hua Holding Limited is the holding company of the Group registered in the British Virgin Islands (Company Number 2023407). The main operating entity, Henghua China, is located in Zhejiang Province in China and is a safety valve manufacture company which produces and supplies safety valves for various industries such as power station, boilers, petroleum, chemical engineering, urban construction, medicine, chemical fertilizers, metallurgy, and mining.
In connection with and for the purpose of the Listing, existing shareholders restructured their interests in the operating companies so that existing shareholders hold their interests in the operating companies indirectly through their shareholdings in the Group in the proportion of their interests in the equity capital of the operating company prior to the restructuring.
The company listed on the DCSX for the following reasons:
Further details about the business will be found on our Markets page on this website under Equities Symbol HHSV, section Company Information.