Fourace Industries Group Holdings Limited (Fourace Industries, stock code: 01455.HK) completed its IPO and listing on the Main Board of the Hong Kong Stock Exchange (HKEX) on September 15, 2020. The company's stock closed at HKD 1.32 on its first day of trading, up 230% from the issue price of HKD 0.4.

Fourace Industries is China's third-largest personal care, electrical appliance OEM/ODM, primarily engaged in the design, development and manufacturing of personal care and lifestyle electrical appliances. The company offers personal care electrical appliances in three categories: hair styling, grooming and beauty care. It also works with customers to design, develop and sell lifestyle electrical appliances.

As the Chinese legal adviser to the issuer, Jingtian & Gongcheng's legal team provided one-stop, end-to-end legal services for the IPO and listing of Fourace Industries, including legal due diligence, providing legal opinions and responding to regulatory requests, further strengthening our relationship with the client.