On October 22, 2009, the Mining Board of the Tianjin Equity Exchange, established by attorney Li Shoushuang from Dacheng Law Offices, was officially unveiled during the China Mining Congress.
The Mining Industry Trade Center of the Tianjin Equity Exchange (the Mining Board) was established and co-invested by the Tianjin Equity Exchange and Qinglan Finance Group in order to assist the financing of mining corporations not listed on the mainboard, and to enable more efficient investment by investment institutions in sound mining industries. The board is an off-board market that specifically addresses the listing demands of mining enterprises, and represents yet another important financial innovation of the Tianjin Equity Exchange. It is also the first equity exchange platform specifically established for the financing of mining industries. In the future, the Mining Board will allow mining corporations to list for public exchange, and aims to stimulate market activity through all avenues such as by acting as market maker. At the same time, the board will focus on attracting investment institutions to offer PE financing opportunities to listed entrepreneurs.
As the legal expert on the Mining Board, Li Shoushuang is also one of its sponsors and has participated in the entire process of its establishment. In addition, internationally renown mining expert Professor Liu Yikang, former member of the Share Issuance Examination Commission and Tsinghua University professor Professor Zhu Wuxiang, well-known international mining investor Dr. Lang Weiguo, and Mining rights expert Yi Yanbin also act as sponsors and expert consultants of the Mining Board.
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