On August 14, invited by Shandong Iron and Steel Group, Li Ya, a listed company counseling expert and Chairman of Lichen China, entered the enterprise to give a special sharing on "Using Capital to Support the High-Quality Development of Shandong Steel" for the group, various functional departments, and affiliated companies, assisting their asset securitization. Zhang Baocai, Chairman of Shandong Iron and Steel, Laigang Group Chairman Huang Zhenhui and other leaders attended the meeting.

At the meeting, Mr. Li first briefly explained the trend of Hong Kong IPOs this year, the listing and filing status of central and state-owned enterprises in Hong Kong, and the positive role of listing in Hong Kong; at the same time, combining years of counseling experience, he shared in detail the differences between domestic and overseas listings, Hong Kong listing criteria, listing procedures, intermediary arrangements, costs, paths, issuance, and other precautions, and Shandong Steel Group provided detailed answers to questions and doubts related to future listings in Hong Kong, offering practical references for the attendees.

Shandong Iron and Steel Group is a large-scale state-owned enterprise owned by Shandong Province, with businesses in steel, mining, refractory materials, industrial finance, information technology, real estate, etc. It has 2 A-share listed companies, a registered capital of 11.969 billion yuan, total assets of 178.169 billion yuan, ranks 17th in the world and 10th in China in crude steel production, and has been among the world's top 500 for three consecutive years from 2020 to 2022.