December 19, 2013, China Conch Venture Holdings Limited (“Conch Venture”) successfully launched its initial public offering for a Hong Kong Stock Exchange main board listing under the stock code 586. The company globally offered 265,000,000 shares and raised approximately HKD 3.598 billion in total.

Conch Venture is an investment holding company and a large integrated provider of energy preservation and environmental protection solutions with more than 10 years’ experience of residual heat power generation. It is the second largest provider of residual heat power generation solutions for cement producers in China with a market share of 21.0% in terms of sales volume in 2012 according to the Roland Berger Report.

Jingtian & Gongcheng acted as the issuer’s PRC legal counsel.