Jingtian & Gongcheng Advises Huisheng International on its HKD 246 Million IPO and SEHK Listing
Date:2014-02-28

February 28, 2014, Huisheng International Holdings Limited (“Huisheng International”) successfully launched its initial public offering (“IPO”) for a Hong Kong Stock Exchange main board listing under the stock code of 1340. The company priced at the top of the indicated range at HKD 2.05 per share and raised approximately HKD 246 million in total. The IPO was oversubscribed up to 2187 times and ranked second in the history of Hong Kong.

 

Huisheng Internaitonal’s domestic subsidiary Hunan Huisheng Meat Products Company Limited is one of the largest pork suppliers in terms of revenue in 2012 in Changde, Hunan Province. It ranked within the top 20 among the 2,400 large-scale slaughterhouses in the PRC.

 

Jingtian & Gongcheng acted as the issuer’s PRC legal counsel.

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