Chief Capital Group | Hong Kong | Public Listings and Financing Advisory for Chinese Companies

PORTFOLIO DETAIL

Fushi Copperweld,Inc

Name:

Fushi Copperweld,Inc

Code:

NASDAQ: FSIN

Financing Amount:

12,000,000

Financing Method:

Private Placement

Area:

Dalian

Closing date:

Dec 2005

Company Profile:

Market leader in bi-metallic wire industry, with more than 50% of the domestic market share.
Dec 2005, listed on OTCBB in RTO and raised over $12 million in private placement.
In 2007, raised $60 million in private placement.
Oct 2007, acquired US-based Copperweld Bimetallics, LLC, the global leader in bi-metallic industry, for $22.5 million, Fushi became the world largest bi-metallic manufacturer.
In 2007, Fushi was listed on the Nasdaq Global Market, and raised $39 Million in Private Placement.
In 2010, raised $59.8 Million in Follow-on Offering

Chief's Role：

Oct 2004, Chief offered the financing and listing proposal to Fushi after Due Diligence.

Dec 2004, Chief signed a Financial Advisor Agreement with Fushi, acting as the financial advisor.

Jan 2005, Chief initiated the financial and legal restructuring and the prospectus.

Feb 2005 Chief arranged the Auditor to start the on-site work and offered the support.

Apr 2005, Chief assisted the company to complete legal restructuring, the prospectus preparation as well as the audit report.

Apr 2005, Chief introduced the American investment banker and American lawyer to Fushi.

May 2005, Fushi engaged placement agent.

Oct 2005, Fushi finished the US “Road Show”.

Dec 2005, Fushi completed the RTO and financing.

Aug 2007, Fushi was listed on NASDAQ.