Zhong Lun Advises TIMES on its IPO on the Main Board of Shenzhen Stock Exchange
Zhong Lun Advises TIMES on its IPO on the Main Board of Shenzhen Stock Exchange
On January 11, 2022, Jiangsu Times Textile Technology Co., Ltd. (“TIMES", stock code: 001234) launched its initial public offering and got listed on the Main Board of Shenzhen Stock Exchange, issuing 26,666,700 shares at a price of RMB 16.53 per share and raising RMB 441 million in total.
Zhong Lun acted as legal counsel for TIMES in the IPO and provided comprehensive and multi-dimensional legal services. The team was led by partner Yongbin Ge and Chuan Xiong, both of whom served as signatory lawyers. Partner Jianping Dong, senior associate Mengting Zhao and associate Bilin Chen, among others, also played an important role.
TIMES is a vertically integrated garment manufacturer, focusing on research, development, production and sales of knitted fabrics and clothing. It mainly provides OEM services for Decathlon, Semir, Balabala, Quiksilver, Kappa, Giordano, PurCotton and other well-known apparel brands.