On November 5, 2020, the IPO and listing of Ningxia Xiaoming Agriculture and Animal Husbandry Co., Ltd. on the GEM, led by lawyer Yan Kebing, senior partner of Hai Run Law Firm, and lawyers Ma Jihui and Chen Haidong as the signing lawyers, was approved by the 42nd Listing Committee of Shenzhen Stock Exchange in 2020.

Hai Run Law Firm provided Xiaoming Agriculture and Animal Husbandry with a full range of legal services including company establishment, due diligence, plan discussion, resolution of major difficult legal issues, and issuance of legal opinions, to help the company smoothly pass the meeting.