January 16, 2018 -- Zhenro Properties Group Limited (“Zhenro Property”, stock code: 06158.HK) successfully issued its IPO of a total of 1 billion global shares at HK$3.99 on the Main Board of Hong Kong Stock Exchange.

Zhenro Property is a large Chinese investment holding company principally engaged in the sale of properties in the Economic Zones in Yangtze River Delta, Central and Western China, on the West Coast of the Taiwan Straits, and Bohai Economic Circle. As of October 31, 2017, Zhenro Property owns 81 property development projects in 17 cities totaling 11.5 million square meters gross floor area. Based on the report by ChinaIndex Academy, Zhenro property is ranked nationally number 23 in terms of the comprehensive property development capability and ranked 24 among the Chinese property companies with real estate sales revenue over RMB 10 billion in 2016, claiming about 0.31% market share.

As the underwriter’s Chinese legal counsel, Jingtian & Gongcheng legal team assisted Zhenro Property with the entire process of its IPO.