December 10, 2010, Lentuo International Inc. (“Lentuo”) launched its initial public offering (IPO) for a New York Stock Exchange listing, under the stock code of LAS. The share offering was priced at USD 7 with a total offering size of US$52 million.

Lentuo is the largest non-state-owned automobile retailer in Beijing, where its 4S shops mainly located, engaging in the sales of Volkswagen, Audi, Toyota, Mazda and other well-known automobile brands.

Jingtian & Gongcheng represented the issuer on the PRC law in the listing.