Linklaters advised the sole sponsor and the underwriters on the global offering and listing of H shares of Deewin Tianxia Co., Ltd (Deewin Tianxia) on the main board of the Hong Kong Stock Exchange.
As part of the transaction, the firm provided innovative solutions and legal advice in relation to reorganisation, board advisory, cornerstone investment, connected transactions and reliance issuances in the listing process.
Deewin Tianxia, a subsidiary of Shaanxi Automobile Holding Group Co., Ltd., is a pioneer in the commercial automobile service industry in China, and operates the largest commercial automobile manufacturer-connected internet of vehicles (IoV) platform for heavy trucks in China. It is also one of the few value-added service providers in the industry that can provide integrated, comprehensive solutions covering the commercial automobile industry chain, according to a report by Frost & Sullivan.
The Linklaters team was led by capital markets partners Iris Leung and Lipton Li, with support from counsel Wei Liang.
Linklaters has a leading equity capital markets practice. The team has worked on some of the highest profile, complex and landmark transactions in China and across Asia, offering clients the practical expertise and commercial awareness to create novel solutions to maximise investment opportunities.