April 10, 2010, Man Wan Holdings Ltd listed on the main board of Hong Kong Stock Exchange, under the stock code of 001999.HK. The share offering was priced at HKD 6.8 per share with 241,272,000 offered through the exchange trading system and raised a total of HKD 1,640,649,600.

Man Wan Holdings Ltd., established in 1992, mainly engages in the production and sales of Recliner Sofas. The company sells a wide range of Recliner Sofas to the mainland and Hong Kong through its extensive retail network, and also exports its products to the U.S. and Europe under the brand of “Cheers”.

Jingtian & Gongcheng represented the issuer in the listing.