AuGroup (SHENZHEN) Cross-BorderBusiness Co., Ltd. (“AuGroup”, Stock code: 02519.HK) completed its IPO and H-share listing on the Main Board of Hong Kong Stock Exchange on November 8, 2024.
Based on market capitalization or revenue, AuGroup's IPO is the largest IPO of Chinese cross-border e-commerce company listing on the Hong Kong capital market in the past decade. It serves as a great example for leading Chinese cross-border e-commerce companies seeking a listing in Hong Kong.
As the PRC legal counsel to the underwriter, Jingtian & Gongcheng has provided comprehensive legal service for the whole listing process, and finally assisted AuGroup to successfully complete the listing, which was unanimously recognized of the issuers and project participants.