Grandway Advised Aierwang and Yuneng Pharmaceutical on Listing Project to Obtain the Letter of Consent from National Small and Medium Sized Enterprise Share Transfer System Co., Ltd.

On October 27, 2022, Anyang Aierwang New ENERGY Environmental Co., Ltd. (“Aierwang”) obtained the Letter of Consent from National Small and Medium Sized Enterprise Share Transfer System Co., Ltd. for the listing of its shares on National Equities Exchange and Quotations (“NEEQ”).

On November 21, 2022, Jiangxi Yuneng Pharmaceutical Co., Ltd. (“Yuneng Pharmaceutical”) obtained the Letter of Consent from National Small and Medium Sized Enterprise Share Transfer System Co., Ltd. for the listing of its shares on National Equities Exchange and Quotations (“NEEQ”).

Aierwang is a national high-tech and provincial-level science and technology small and medium enterprise specializing in the harmless and resourceful treatment of various organic solid wastes such as municipal sludge, kitchen waste, urban domestic garbage and livestock and agricultural organic waste. Aierwang has been awarded as an excellent enterprise for many times. Its main business revolves around the core technology “AAe anaerobic digestion treatment technology”, providing sets of process technology and core equipment, total solution, construction and operation and maintenance services of BOT project for the harmless and resourceful treatment of various types of bio-organic waste such as kitchen waste, municipal sludge, urban domestic garbage and livestock and agricultural organic waste.

Yuneng Pharmaceutical is a national high-tech enterprise engaged in R&D, production and sales of steroid hormone intermediates and chiral amino alcohol intermediates, and now has a large-scale production capacity of more than 20 kinds of corticosteroids and progestins, such as deflazacort, dexamethasone sodium phosphate, estrone, estriol, etc. It has been awarded as “Jiangxi Province High-tech Enterprise”, “Jiangxi Province Enterprise Technology Center”, “Jiangxi Province Specialized Little Giant Enterprise in 2021”, “Little Giant enterprise and a specialized and sophisticated enterprise that produces new and unique products”. It is an important R&D and production base of steroid drug intermediates and chiral amino alcohol intermediates in China.