Boyuan Holdings Limited (“Boyuan Holdings”, stock code: BHL) was listed on ASX on October 31, 2016. The company issued 93.13 million shares at a price of AU$ 0.20/share, and raised a total of AU$ 18.63 million. The total count of shares after the issuance is 343 million, and the market capitalization is about Au$ 70 million. 51% of the proceeds from this listing will be used to develop Hunter Valley in New South Wales in Australia.

Boyuan Holdings focuses on real-estate development in Zhejiang, and is the first Chinese real-estate developer to be listed on ASX.

Jingtian & Gongcheng is the PRC legal counsel for the issuer and provides comprehensive legal services. It is committed to assisting Chinese companies to achieve new breakthroughs on the capital market.