April 18, 2012, Loncin Motor Co., Ltd gained conditional approval to launch its initial public offering (IPO) of 80 million A shares from China Securities Regulatory Commission.

Loncin is a leading company specialized in manufacturing and selling of motorcycle, motorcycle's engine and general power machinery.  Loncin has established deep cooperation with BMW in the motorcycle business and is the first Chinese company meeting the second phase emission standards of the U.S. Environment Protection Agency in the general power machinery business.

Jingtian & Gongcheng acted as the underwriter's lawyer.