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GLO advises Huili Resources(1303.HK) on its IPO and Listing on the Hong Kong Stock Exchange

Huili Resources, a nickel-oriented diversified metal mining company principally engaged in the mining and ore processing of nickel and copper in Hami, Xinjiang, successfully listed its shares on the main board of the Hong Kong Stock Exchange on January 12nd, 2012. This IPO and listing exercise raised HKD 425,000,000 for Huili Resources, with a price of HKD 1.7 for each share. Global Team led by our partner, Mr. Li Jun acted as PRC legal counsel of Huili Resources in this offering and IPO. Global Team members included Wang Feiya, Liu Yan, Zhu Haiyan.