Dacheng Advises Hanbo Enterprises Holdings Limited on Successful HKEx Listing

On July 11, 2014, Hanbo Enterprises Holdings Limited (stock code: HK1367) was successfully listed on the Main Board of the Hong Kong Stock Exchange. Shenzhen-based attorney Zhang Guozhi was invited to the listing ceremony at the Exchange. 

Hanbo Enterprises Holdings Limited (hereinafter referred to as “Hanbo”) is primarily engaged in ready-to-wear clothes supply chain management, including raw material procurement, third-party manufacturer selection, pattern making, product design and development, production management, quality control and logistics management. It has set up a number of subsidiaries in Chinese mainland, Hong Kong, Macau, and Cambodia. 

Hong Kong-based Quam Corporate Financing Co., Ltd. acted as sponsor for Hanbo’s HKEx IPO, while a team from Dacheng’s Shenzhen office acted as PRC legal counsel. The team, which was composed of senior partner Yang Qianwu, associates Zhang Guozhi, Tang Li, Zhang Yi, Yao Weiqi and He Linyan, conducted thorough due diligence, reviewed and revised all required legal documents, issued attorneys’ opinion letter, and answered PRC law-related questions raised by the Hong Kong Stock Exchange in its feedback on files for listing.

The project lasted nearly one year, during which time the team had exhibited rich experience and expertise on offshore IPOs and a strong sense of responsibility. In doing so, they won the client’s trust and recognition.