JC Master Performance | JC Master Assists Hongshun Technology in Completing Its Listing on the New Third Board

On July 4, 2024, Hongshun Technology issued a “Notice Regarding Stock Listing” on the National Equities Exchange and Quotations for Small and Medium-sized Enterprises. Effective July 5, 2024, the company’s shares will be publicly listed and traded on the NEEQ, with the stock abbreviation “Hongshun Technology,” stock code 874377, and a trading method of call auction. The company is classified under the Basic Tier.

 

Jiangsu Hongshun Industrial Technology Co., Ltd., formerly known as Jiangsu Shuntian International Group Jiangdu Tools Co., Ltd., was established on January 22, 2002. Hongshun Technology is a high-tech enterprise specializing in hand tools, and it currently leads the domestic wrench manufacturing industry while also serving as a key developer of both national and international industry standards.

The company primarily manufactures combination wrenches, ratchet wrenches, open-end wrenches, box-end wrenches, and special‑shaped wrenches. Product sizes range from 6 to 50 mm and from 1/4 to 2 inches. Our products are crafted mainly from chrome‑vanadium steel and carbon steel, and are designed and manufactured in full compliance with DIN (German) and ANSI (American) standards. After more than four decades of relentless effort, the company has earned a strong reputation both domestically and internationally in the wrench‑manufacturing sector. Over 95% of our output is exported to more than 30 countries and regions across Europe, the Americas, and Asia. Key industrial customers include TTI, BOSCH, Beta, MSC, Grainger, and Fastenal, while our retail and automotive‑repair clients comprise globally renowned brands such as The Home Depot, Lowe’s, Costco, Menards, Harbor Freight Tools, Grip‑on, Kingfisher, Adeo, and AutoZone.

The company has been recognized by the China Hardware Products Association as one of “China’s Top Ten Well-Known Wrench Brands” and among the “Top 10 Wrench Manufacturers in China.” It has also spearheaded or participated in the development of 10 national standards and 7 industry standards.

JC Master Law Office, acting on behalf of Hongshun Technology, served as the special legal counsel for its listing on the New Third Board. The office assembled a service team led by attorneys Wang Yuehua and Shao Yujuan, with Attorney Wang Yuehua serving as the project leader. JC Master provided professional and efficient legal support throughout the process, including, but not limited to, assisting in the review of the shareholding reform plan, the public transfer prospectus, application documents, and other relevant legal materials to ensure their legality and compliance; conducting due diligence; issuing legal opinions; and responding to feedback from regulatory authorities. JC Master delivered high‑quality, expert legal services for this project and will continue to provide clients with top‑notch legal assistance, helping companies achieve rapid growth.