Han Kun's Hong Kong associated law firm advises Jiumaojiu International Holdings Limited on its listing on the Main Board of the Hong Kong Stock Exchange
2020-01-15
Han Kun's Hong Kong associated law firm represented Jiumaojiu International Holdings Limited ("JIUMAOJIU", Stock Code: 9922) in connection with its initial public offering in Hong Kong and Regulation S offering of an aggregate of 333,400,000 ordinary shares (prior to the exercise of the over-allotment option), which raised approximately HK$2.2 billion (US$283.0 million) in gross proceeds. The ordinary shares of JIUMAOJIU are listed on the Hong Kong Stock Exchange. CMB International Capital Limited acted as the sole sponsor. CMB International Capital Limited and China International Capital Corporation Hong Kong Securities Limited acted as joint global coordinators, joint bookrunners and joint lead managers.
JIUMAOJIU is a leading Chinese cuisine restaurant brand manager and operator in China which currently manages and operates five self-developed distinctive brands, namely, Jiu Mao Jiu, Tai Er, Double Eggs, Cooking Spicy Kebab and Uncle Chef. Jiu Mao Jiu ranked second among all northwestern Chinese cuisine restaurants in China, and Tai Er ranked first among all Chinese sauerkraut fish restaurants in China, both in terms of revenue in 2018.