King & Wood Mallesons advises Neway Valve on Shanghai Stock Exchange listing

King & Wood Mallesons has advised Neway Valve, an industrial valve manufacturer in China, on its successful listing on the Main Board of the Shanghai Stock Exchange. 

Neway Valve is hoped to gain strong financial and strategic development support for enlarging its production capability of valves and securing the supply of castings from the project in the long run.

King & Wood Mallesons acted as the PRC legal counsel and provided full legal services on equity restructuring, reorganisation and issuance. The project was led by partners Zhao Xiaohong and Mu Peng.