LONGAN LAW FIRM
On April 11, 2018, the National Small and Medium Enterprise Share Transfer System Co., Ltd. issued the “Share Transfer System Letter [2018] No. 1245” “A Letter on Agreeing the Listing of Tianjin Tianbao Human Resources Co., Ltd. in the National SME Share Transfer System”.
Tianjin Tianbao Human Resources Co., Ltd. (stock abbreviation: Tianbao Manpower; stock code: 872779) is a state-owned enterprise under the Tianjin Free Trade Zone Group, mainly engaged in personnel file management, professional skills training, professional skills certification and other services.
Since the team lawyers of Pan, Xiuping took over the project, it took two years to solve the key legal problems and finally made the Tianbao manpower list successful. The most critical step in this project is to solve the problem of the survival of two private non-enterprise units. A training school and a functional certification center under the Tianbao Manpower are private non-enterprise units, and Tianbao Manpower is a state-owned enterprise. According to China’s current laws and policies, the team lawyers of Pan, Xiuping proposed a solution to solve the private non-enterprise units under state-owned enterprises, which received the approval of the company.
After the listing of the New OTC, Tianbao Manpower will rely on the strength of the capital market to make persistent efforts to make the company bigger and stronger to give back to investors. The firm will continue to provide follow-up legal services to Tianbao Manpower to assist the company in completing the capital operation after listing.
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