July 28, 2010, Jiangxi Huawu Brake Co., Ltd. launched its initial public offering (IPO) of 19,500,000 shares at CNY 22.56 per share for a ChiNext listing, under the stock code of 300095.SZ. The raised funds reached a total of CNY 439,920,000.

Jiangxi Huawu Brake Co., Ltd. mainly engages in development, design, manufacture and sales of industry brakes and relevant control systems. It is the biggest Chinese domestic industrial brakes supplier. It is also an enterprise which drafted most of the industry standards for China industry brakes, namely, five out of all the six industrial standards currently in effect.

Jingtian & Gongcheng represented the issuer in the listing.