December 5, 2013, China Meidong Auto Holdings Limited (“Meidong Auto”) successfully launched its initial public offering for a Hong Kong Stock Exchange main board listing under the stock code 1268. The company offered 250 million shares and raised approximately HKD 450 million in total.

Meidong Auto is principally engaged in providing automobile sales and integrated services. It operates world-renowned brands including BMW, Lexus, Toyota and Hyundai and has obtained authorization to establish two dealerships for Porsche.

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