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

PORTFOLIO DETAIL

Dalian Chuming

Name:

Dalian Chuming

Code:

ENHD.OB

Financing Amount:

17,000,000

Financing Method:

Private Placement

Area:

Dalian

Closing date:

Dec 2007

Company Profile:

Largest pork processor in Dalian -- a city of 2 million -- with control of 50% of the fresh pork market and 20% of the prepared food market.
Second largest pork processor in Liaoning Province -- a province of 42 million -- and in the Northeast region (108 million people).
Listed on OTCBB by RTO and raised $17 million by private placement in 2007.

Chief's Role：

Jan 2007, Chief offered the financing and listing proposal to Dalian Chuming after due diligence.

Jan 2007, Chief introduced VC to Dalian Chuming to provide bridge capital.

Feb 2007, Chief assisted the company to complete legal restructuring, the prospectus preparation as well as the audit report.

May 2007, Chief assisted company to start on-site auditing.

May 2007, Chuming engaged the placement agent.

Jun 2007, Chief introduced the American investment banker and American lawyer to Chuming.

Oct 2007, Chief assisted the company to complete legal restructuring, the prospectus preparation as well as the audit report.

Feb 2008, Chuming completed the RTO and the financing.