Our Team

ECM Transactions

• Participated in the US$1.7 billion H share IPO of SANY Heavy Industry Co., Ltd., the largest IPO in China’s construction machinery industry, and the second largest A+H share company in terms of financing scale in 2025.
• Participated in approximately US$500 million H share IPO of CNGR Advanced Materials Co. Ltd., a new energy battery materials company with pCAM as its core business (the first “A+H” share in the new energy materials industry (2025).
• Participated in US$440 million U.S. IPO of Zeeker, which is a large-scale issuance by a Chinese concept stock and marks the fourth Chinese NEV manufacturer to list in the U.S. capital markets (2024).
• Participated in its US$2.1 billion H share IPO of China Tourism Group Duty Free Corporation Limited, the world’s largest travel retail operator. This transaction is the largest Hong Kong IPO in 2022 in terms of both scale and cornerstone investment.
• Participated in US$120 million H share IPO of Central China Management Company Limited, which is the second-largest construction agency company in China (2021).
• Participated in the US$1.5 billion H share IPO for China Resources Mixc Lifestyle Services Limited, a subsidiary of the major SOE China Resources Land Ltd. (2020).
• Participated in the US$400 million H share IPO of Jinshang Bank Co., Ltd., the largest city commercial bank in Shanxi Province (2019)
• Participated in the US$160 million H share IPO of Tongcheng Travel Holdings Limited, a leading national TMT mobility platform (2018)
• Participated in the US$400 million H share IPO of Ganfeng Lithium Group Co., Ltd., the world’s third-largest lithium compound producer and the largest metallic lithium producer globally (2018)
• Participated in the US$180 million H share IPO of CiDi Inc., a supplier of autonomous driving products and solutions for Chinese commercial vehicles. The listing is recognized as the first H share in China’s commercial vehicle autonomous driving sector. (2025)
• Participated in the US$100 million H share IPO of Guoxia Technology Co., Ltd., the world’s eighth-largest Chinese energy storage system supplier and an AI + energy storage company (2025)
• Provided consulting services to a Chinese cross-border enterprise specializing in intelligent tax and financial solutions (2025)
• Participated in the US$100 million H share IPO of Shuangdeng Group Co. Ltd., a leading energy storage company in the big data and telecommunications sector, ranked first globally in shipment volume among energy storage battery suppliers for telecom and data center applications (2025).
• Participated in the US$130 million H share IPO of Jiangsu Zenergy Battery Technologies Group Co., Ltd., a leading lithium-ion battery manufacturer in China and one of the top ten participants in the EV battery installation market (2025)
• Participated in the US$240 million H share IPO of CaoCao Inc., the second-largest player in China’s ride-hailing industry (2025)
• Participated in the US$70 million H share IPO of Jiangsu Lopal Tech. Group Co., Ltd., a major global manufacturer of lithium iron phosphate (LFP) cathode materials and a leading Chinese producer of automotive fine chemicals (2024)
• Participated in the US$16 million H share IPO of Xi’an Kingfar Property Services Co., Ltd., the first property management company listed from Shaanxi Province (2024)
• Participated in the US$16 million H share IPO of Hollwin Urban Operation Service Group Co., Ltd, a state-owned urban service and operations provider headquartered in Changsha (2024)
• Acted as a financial advisor to a cultural and tourism enterprise based in Taizhou, Shandong, successfully securing financing and establishing the project as a local benchmark case (2024)
• Participated in the US$16 million H share IPO of Runhua Living Service Group Holdings Limited, a state-owned property management enterprise headquartered in Shandong (2023)
• Provided advisory services for a multibillion‑RMB fund project of a major state‑owned enterprise in Guangxi (2023)
• Participated in the US$857 million H share IPO of Sunshine Insurance Group, one of the top ten Hong Kong listings in 2022 and the largest insurance sector IPO that year (2022)
• Participated in the US$730 million H share IPO of Onewo Inc., a leading property management and community service provider in China (2022)
• Participated in the US$25 million H share IPO of Dowell Service Group Co. Limited, a long‑established property management service provider (2022)
• Provided consulting services to an equipment manufacturing enterprise specializing in solid waste treatment solutions (2022)
• Participated in the US$230 million H share IPO of Yuexiu Services Group Limited, a leading state‑owned property management company under the Guangzhou municipal government (2021)
• Participated in the US$150 million H share IPO of Roiserv Lifestyle Services Co., Ltd., a major property management company based in Hebei Province (2021)
• Participated in the US$200 million H share IPO of Sino-ocean Service Holding Limited, a property management enterprise under the Beijing municipal government (2020)
• Participated in the US$1.8 billion H share IPO of Evergrande Property Services Group Limited (2020)
• Participated in the US$1.0 billion H share IPO of Sunac Services Holdings Limited (2020)
• Participated in the US$700 million H share IPO of Jinke Smart Services Group Co., Ltd. (2020)
• Participated in the US$150 million H share IPO of Cathay Media And Education Group Inc., the second‑largest private provider of media and arts higher education in China by student enrollment (2020)
• Provided advisory services for the full circulation of H shares of Tianjin Tianbao Energy Co., Ltd. (2020)
• Participated in the US$50 million H share IPO of Redsun Services Group Limited (2020)
• Participated in the US$77 million H share IPO of Financial Street Property Co., Limited, a property management company under the Xicheng District SASAC (2020)
• Participated in the US$260 million H share IPO of Central China New Life Limited, the largest property management company in Henan Province (2020)
• Participated in the US$65 million H share IPO of BioDlink International Company Limited (2019)
• Participated in the US$140 million H share IPO of Zhejiang New Century Hotel Management Co., Ltd. (2019)
• Participated in the US$400 million H share IPO of Fosun Tourism Group (2018)
• Provided H share listing advisory services to a high‑tech manufacturing enterprise headquartered in Chongqing
• Provided listing advisory services to a high‑end serviced apartment enterprise headquartered in Shanghai
• Provided listing advisory services to a medical equipment enterprise headquartered in Henan
• Provided H share listing advisory services to Wanda Commercial Management Group Co. Ltd.
• Provided H‑share listing advisory services to Zhuguang Holdings Group Company Limited