The IPO market in the PRC has been reactivated after the past 9-month suspension. Sichuan Expressway Company Limited (“Sichuan Expressway”) (H stock code 107, A stock code 601107) becomes the first H-share company issuing A shares after the reactivation of the IPO market in the PRC. Sichuan Expressway has engaged Li & Partners as Hong Kong counsel in annual retainer.