SCE Intelligent Commercial Management Holdings Limited (“SCE Intelligent Commercial Management”, Stock Code: 0606.HK), an integrated property management service provider and spin-off from China SCE Group Holdings Limited (“SCE Group”, Stock Code: 1966.HK) has completed its IPO and listing on the Main Board of the Hong Kong Stock Exchange (HKEX) on July 2, 2021. Co-sponsors include Merrill Lynch Far East Limited and UBS Securities Hong Kong Limited. As the Chinese legal adviser to the issuer, Jingtian & Gongcheng provided comprehensive legal services for the spin-off and listing.
SCE Intelligent Commercial Management is a leading commercial and residential property management services provider in China. The company manages an aggregate gross floor area that ranks 15th among real estate managers offering commercial property management and operational services in China as of the end of 2020, according to JLL Hong Kong. The company is also committed to the application and development of digital and automatic operative systems coupled with technological solutions to boost the company's competitiveness, improve services and customer satisfaction while cutting back on costs and dependence on human labor.
As the Chinese legal adviser to the issuer, Jingtian & Gongcheng's legal team provided one-stop legal services throughout the listing of SCE Intelligent Commercial Management, including assisting in domestic and overseas restructuring, conducting complete and thorough Chinese legal due diligence, analyzing and resolving of critical legal issues, issuing legal opinions concerning the PRC law and with respect to specific matters, assisting in answering multiple rounds of queries from HKEX. Our comprehensive legal services have safeguarded the speedy and effective listing of the company. Having represented SCE Group as Chinese legal adviser for all these years, Jingtian & Gongcheng advised the client on a number of its capital market transactions, including the IPO on the Main Board of HKEX of the SCE Group in 2010, the numerous rounds of USD bond issuance for a number of years in a row. Having represented the client for more than a decade, Jingtian & Gongcheng is now highly trusted and recognized for its outstanding legal services.
