DEALS
Zhong Lun Advised on Listing of Yincheng International on the Main Board of HKEX
Zhong Lun Advised on Listing of Yincheng International on the Main Board of HKEX
On March 6, 2019, Yincheng International Holding Co., Ltd. (“Yincheng International", Stock Code: 1902), a Top 100 real estate developer in China, announced its initial public offering and listing on the main board of the Hong Kong Stock Exchange at the offer price of HK$2.38/share, with the total proceeds being approximately HK$843 million.
Yincheng International is an established property developer in the PRC focusing on developing quality residential properties in the Yangtze River Delta Megalopolis for customers of all ages. Yincheng International commenced its property development operations in Nanjing and successfully expanded its footprint to other cities in the Yangtze River Delta Megalopolis. In 2018, Yincheng International ranked 93rd among the Top 100 Real Estate Developer in China and was awarded as one of the Top 10 property developers in Jiangsu Province in the same year. Yincheng International has also been recognized by the Jiangsu Real Estate Association as one of the Top 50 enterprises in the property development industry of Jiangsu Province in terms of comprehensive strength consecutively for 16 years since 2002 and ranked second on such list in 2017.
Zhong Lun Law Firm acted as the PRC counsel of the issuer in this offering and provided overall legal service for the whole project. The legal team of Zhong Lun was led by Anthony Qiao and Michael Chen, and included Zhi Guo, Chi Cheng, Grace Wang, Nicole Wang, Zoe Tao, Lisa Liu, Jia Song, Honglin Wang and Jiayu Liu.
Professionals
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Anthony QIAO
Equity Partner
ShanghaiPractices： Chinese Mainland Capital Markets,Hong Kong & Overseas Capital Markets,Financial Products & TrustsIndustries： Real Estate,Urban Infrastructure,Transportation & Logistics,Tourism & Hospitality,Energy & Power,Insurance,Healthcare -
Anthony QIAO
Equity Partner
Shanghai
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