DEALS
Zhong Lun Advises EACON on Its Listing on the Main Board of the Hong Kong Stock Exchange
Zhong Lun Advises EACON on Its Listing on the Main Board of the Hong Kong Stock Exchange
On July 8, 2026, Eacon Group Co., Ltd (“EACON”, stock code: 07687.HK) made its initial public offering and was successfully listed on the Main Board of The Stock Exchange of Hong Kong Limited, raising proceeds of approximately HKD 2.298 billion prior to the exercise of over-allotment option.
Zhong Lun Law Firm served as the PRC legal counsel for EACON’s Hong Kong IPO and listing. Throughout the mandate, Zhong Lun provided comprehensive and multi-dimensional legal services to EACON, earning high praise from both EACON and other stakeholders. The signing lawyers on this project were partners William Jia and Juanjuan Yu, and associate Myron Hu. The team also included associate Chen Sun. Partner Haoxiong Jiang acted as the lead coordinator, deeply engaging with and delivering pivotal contributions to the project. In addition, partner Jeffrey Liu provided legal advice on the issuer’s data compliance.
EACON focuses on the commercial deployment of mining autonomous driving solutions in the mining industry and were among the early entrants in autonomous mining transportation. EACON’s solutions are designed for large-scale open-pit mines with complex mining environment, limited labor supply, and stringent safety requirements. According to Frost & Sullivan, EACON ranked first in China’s commercial vehicle intelligent driving market by revenue in 2025 and were also the largest provider of mining autonomous driving solutions in China by the number of active autonomous mining trucks as of December 31, 2025, with a market share of approximately 37.6% by revenue in 2025. As of December 31, 2025, EACON deployed fleet comprised 2,580 active autonomous mining trucks.
Professionals
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William JIA
Equity Partner
ShanghaiPractices： Hong Kong & Overseas Capital Markets,Chinese Mainland Capital Markets,Cross-border Investment/M&AIndustries： Financial Innovation & Fintech,Telecom & Information,Intelligence Technology & Application,Pharmaceuticals & Life Sciences,Media, Sports & Entertainment -
William JIA
Equity Partner
Shanghai
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