On November 17, 2020, Sunkwan Properties Group Limited ("Sunkwan Properties"; Stock Code: 06900.HK) completed its IPO and listing on the Main Board of the Hong Kong Stock Exchange (HKEX), raising approximately HKD 1.064 billion at HKD 2.28 per share.

Sunkwan Properties is a fast-growing, property developer in China, focusing on the Yangtze River Delta Economic Region. With a mission to "enhance the quality of living", the company provides a wide range of residential properties with new technologies and aesthetic design. In terms of its competitive rankings among the "Top 100 Real Estate Developers in China," Sunkwan Properties rose from 94^th in 2019 to 83^rd in 2020, according to China Real Estate Top 10 Research Group. Additionally, it also rose from 89^th in 2019 to 79^th in 2020, according to China Real Estate Association, Shanghai E-House Real Estate Research Institute and China Real Estate Appraisal Center. In 2019, the company was ranked among the "Top 20 Real Estate Developers in Shanghai" by China Real Estate Association, Shanghai E-House Real Estate Research Institute and China Real Estate Appraisal Center.

As the Chinese legal adviser to the sponsor, Jingtian & Gongcheng's legal team provided one-stop, end-to-end legal services for the IPO and listing of Sunkwan Properties, including conducting Chinese legal due diligence, assisting in third-party due diligence and responding to regulatory inquiries, further strengthening our relationship with the client.