DHH Assisted Huatong VC With Investment in Beijing Consen
Release time：2021-03-12 15:35
Recently, Qingdao Huazi Shengtong Equity Investment Fund Partnership (LP), the fund of Qingdao Huantong Venture Investment Co., Ltd (“Huatong VC”), has completed the Pre-IPO investment in Beijing Consen Automation Control Co., Ltd (“Beijing Consen”), with the amount of RMB 45 million. The post-money valuation of Beijing Consen is around RMB2.5 billion upon this round of co-investment by 10 investors including Hillhouse Capital.
Beijing Consen is the largest supplier of integrate solution of security control system in chemical sector in China, which has been deeply ploughing in the automation sector and offers security control system solution, manufacturing and sale of safety valve, and the engineering and maintenance of control valve to the downstream industrial enterprises, in order to enable the users to enhance their industrial automation level and realize the automation control and management of industrial production.
Huatong VC was incorporated in September 2015, which is a professional investment entity in Qingdao Huatong Group. The DHH team, lead by Zhang Jingsheng and Zhang Miaojing, was engaged to act as special legal counsel for Huatong VC and represented Huatong VC to participate in the whole process of the negotiation on deal plan, review the transaction documents and facilitate the process of transaction. Their effective work was highly acknowledged by the client.
Lead Partners of DHH Team
Zhang Jingsheng
Senior Partner
Corporate, capital market and security, finance and banking
Email: zhangjingsheng@deheng.com
Zhang Miaojing
Senior Co-Partner
Domestic and overseas capital market; investment and finance of listed company, M&A and reorganization
Email: zhangmiaojing@deheng.com
Beijing Consen is the largest supplier of integrate solution of security control system in chemical sector in China, which has been deeply ploughing in the automation sector and offers security control system solution, manufacturing and sale of safety valve, and the engineering and maintenance of control valve to the downstream industrial enterprises, in order to enable the users to enhance their industrial automation level and realize the automation control and management of industrial production.
Huatong VC was incorporated in September 2015, which is a professional investment entity in Qingdao Huatong Group. The DHH team, lead by Zhang Jingsheng and Zhang Miaojing, was engaged to act as special legal counsel for Huatong VC and represented Huatong VC to participate in the whole process of the negotiation on deal plan, review the transaction documents and facilitate the process of transaction. Their effective work was highly acknowledged by the client.
Lead Partners of DHH Team
Zhang Jingsheng
Senior Partner
Corporate, capital market and security, finance and banking
Email: zhangjingsheng@deheng.com
Zhang Miaojing
Senior Co-Partner
Domestic and overseas capital market; investment and finance of listed company, M&A and reorganization
Email: zhangmiaojing@deheng.com