On March 23, 2026, Pangeo Group, an automotive parts and intelligent equipment R&D and manufacturing enterprise, was officially listed on the National Equities Exchange and Quotations (NEEQ). Pangeo Group is a client of the firm, and Concord & Sage acted as its U.S. legal counsel in this transaction, providing legal services in connection with matters related to its U.S. subsidiaries.

Pangeo Group's business spans multiple areas, including the design and manufacturing of automotive parts, intelligent equipment development, industrial IoT data management, mold and high-precision machining, stamping, and laser welding. The company has established an integrated technology system covering R&D, pilot testing, and mass production. Its listing on the NEEQ reflects the company's strategic initiative to further achieve standardized development through access to the capital markets.

In this project, Concord & Sage, as the U.S. legal counsel for Pangeo Group, conducted legal due diligence on the company's U.S. subsidiaries and provided support on relevant U.S. legal matters. The Concord & Sage team performed review, verification, and analysis of key legal issues pertaining to the U.S. subsidiaries, and worked closely with the client and other project participants, contributing professional support to the advancement of this listing project. The project was led by managing partner Qin Li and partners Kyle Leung and Anna Li, with team members including attorneys Zhiwei Hua and Yiling He, legal counsels Ziwen Wang and Yitan Shen, and legal assistant Gary Zuo.