On May 29, 2018, China 21st Century Education Group Ltd. (“21st Century Education”, stock symbol: 05198.HK) completed its IPO and successfully listed on the Main Board of the Hong Kong Stock Exchange. It raised approximately HK$380 million from a global offering of 360,000,000 shares priced at HK$1.13.
21st Century Education is a large, well-established private education service provider based in Hebei Province, China, serving a wide range of students from preschool students through primary school, middle school and high school students to junior college and continuing education students in college with 1 private high school, 8 preschools and 6 afterschool tutoring centers.
As their legal consultants from China, Jingtian & Gongcheng team assisted through the entire IPO process.
