On 14 August 2025, Grandall Hangzhou Office advised Zhejiang Zhigao Import & Export Co., Ltd. (“ZEGA”) listing on the Beijing Stock Exchange under the stock code “920101.BJ”, for which YANG Zhao, LV Xingwei, WANG Zheng and BIAN Jinwei of Grandall Hangzhou Office acted as key lawyers serving the project.  In this offering, ZEGA issued 21,481,488 new shares at an issue price of RMB 17.41 per share, raising approximately RMB 374 million.