2:30 PM, 12 Novermber 2007, Frankfurt Stock Exchange, Germany ("Deutsche Borse")
FRANKFURT, Germany, Nov. 13 /Xinhua-PRNewswire/ -- The signing ceremony is held at Deutsche Borse to mark the official selection of Riemann Investment Holdings Co., Ltd. ("Riemann Investment") as a listing partner of the Deutsche Borse. Ms. Catherine Huang and Mr. Sixing Fu, partners of Riemann Investment, are present at the signing ceremony. The invitation by Deutsche Borse to become a listing partner symbolises the entering into a strategic partnership between the two parties. Riemann Investment also received a piece of the trading floor from Deutsche Borse as a present.
At the meantime, some of Riemann Investment's client companies are also invited to Frankfurt to witness this historic moment. It is believed that more Chinese companies will be listed on Deutsche Borse with the assistance of Riemann Investment in the near future.
Deutsche Borse is the stock exchange with the highest trading volume and turnover velocity in Europe, and possesses the most efficient admission and listing process worldwide. Meanwhile, it can act as the central access point to the EU-capital market for Chinese issuers under the "EU-Passport" scheme.
With regard to the high requirements for listing partners of Deutsche Borse, it requires the recommendation letter from at least one renowned financial institution, three successful IPO deals in the past as well as strong brand recognition.
During the listing preparation period, Riemann Investment acts as the sole financial advisor and assists the Chinese issuers with corporate structure optimisation, selection of local and international IPO intermediaries, smoothing communication between the Chinese issuers and Deutsche Borse, all of which are well received and highly regarded by Deutsche Borse and the institutional investors. In particular, shares in ZhongDe Waste Technology AG were over-scribed by 14 times and its opening price on the debut day was 15% higher than the issue price.
At present, Chinese companies are delivering remarkable growth, and international capital is eager to participate in and share the results of China's rapid economic growth, and encourage the Chinese companies to take active steps to enter the international capital market.
However, local companies in China are usually unfamiliar with the listing requirements as well as the general practice in international capital market. On the other hand, financial institutions overseas are yet to fully comprehend China's regulatory environment and business operation of Chinese companies.
The selection of Riemann Investment as a listing partner of Deutsche Borse marks a historic moment. Leveraging the international background of Riemann's professional team, the partners' rich experience from numerous overseas IPO deals participated in recent years, as well as the solid and long lasting strategic cooperative partnership Riemann Investment has already formed with various renowned domestic and international financial institutions, Riemann Investment is able to assist the Chinese issuers in accomplishing their IPO transactions overseas through providing professional advisory services and coordinating between various investors, professional intermediaries and regulatory authorities in international capital market.
Brief Introduction to Riemann Investment:
Shanghai Riemann Investment Advisory Ltd. provides fast-growing, high potential Chinese domestic companies custom-tailored professional services in overseas financing and IPO. Our comprehensive services cover equity investment, M&A, private placement, IPO consultation and post-IPO maintenance and financing, etc. We take pride in our experienced professional team who is capable of offering our clients timely, customized solutions and help them achieve their value creation.
Our services are based on our in-depth knowledge of the international capital markets and Chinese domestic enterprises. Focusing our services on domestic companies and working with our strategic partners, we create a win-win situation for both our client companies and their capital.
At Riemann Investment, we are building a dynamic open service platform that we are constantly perfecting.
For further information on Riemann Investment, please see http://www.shrminvest.com .
