GF Securities Co LtdGF Securities appointed as new sponsor for Headman Machinery's private placement, gaining underwriting and advisory fees.
Zhejiang Headman Machinery announced on July 3, 2026 that it has signed a sponsorship agreement with GF Securities, appointing it as the sponsor for its 2026 A-share private placement. Under relevant regulations, when a company applies to issue securities again and engages a new sponsor, it must terminate the sponsorship agreement with the original sponsor, and the new sponsor will take over any remaining continuous supervision duties from the original sponsor. As a result, Guolian Minsheng Securities will no longer perform the corresponding continuous supervision responsibilities. GF Securities has appointed Mr. Guo Liangliang and Ms. Fan Liqin as the sponsor representatives for this issuance, responsible for the sponsorship and continuous supervision work related to this offering.
GF Securities Co LtdGF Securities appointed as new sponsor for Headman Machinery's private placement, gaining underwriting and advisory fees.
Zhe Jiang Headman Machinery Co LtdCompany changes sponsor to GF Securities for its private placement; impact unclear without details on terms or success likelihood.
Guolian Securities Co LtdGuolian Minsheng Securities loses sponsorship and continuous supervision duties for Headman Machinery's private placement.