Zhong Lun Assists XJ Electrics in SEHK Main Board IPO and Listing
Zhong Lun Assists XJ Electrics in SEHK Main Board IPO and Listing
On June 25, 2025, X.J. ELECTRICS (HU BEI) CO. LTD. (stock ticker: XJ ELECTRICS, stock code: 02619.HK) (“XJ Electrics”) made its initial public offering and was successfully listed on the Main Board of The Stock Exchange of Hong Kong Limited (“SEHK”).
Zhong Lun Law Firm served as the issuer’s PRC legal advisor for this SEHK IPO and listing. Throughout the mandate, Zhong Lun provided comprehensive end-to-end legal services, which were highly praised by XJ Electrics and other stakeholders. Signature lawyers on this project were partner Jia Liu and associates Zibin Cen and Xiaolin Yuan. Partner Yiwen Chen made significant contributions to this project.
XJ Electrics is a PRC-based manufacturer specializing in research and development, design, manufacturing, and sales of electric home appliances and non-electric household goods. The company primarily operates on ODM/OEM basis, building a robust clientele comprising globally renowned and long-standing brands, such as Walmart, Telebrands, SEB, Sensio, Hamilton Beach, and Philips. According to the Frost & Sullivan Report, XJ Electrics ranked among the top ten largest companies in terms of export value in 2024 in the small kitchen appliance industry in the PRC.