We help companies navigate IPOs with a focus on legal compliance, execution efficiency, and long-term market readiness. Our equity capital markets practice covers listings on the SSE Main Board, STAR Market, ChiNext, and the Beijing Stock Exchange, as well as international listings in Hong Kong SAR, the Taiwan region, the United States, Singapore, Frankfurt, and London. We also assist red-chip companies in structuring listings under VIE arrangements and designing compliant return-to-China transactions.
Our services includes:
Pre-IPO Restructuring and Strategic Investments
We help clients prepare for listing by guiding corporate restructuring, equity conversions, and business consolidation. We also assist in introducing strategic or financial investors to strengthen governance and enhance valuation.
Corporate Structure and Business Review
We conduct in-depth reviews of equity history, business models, and transaction structures to identify regulatory risks and ensure compliance with listing requirements.
Legal Due Diligence and Opinions
We carry out comprehensive legal due diligence and issue formal legal opinions that serve as core documentation in IPO filings with stock exchanges and regulatory bodies.
Regulatory Risk Remediation
We help clients identify and resolve key compliance issues—such as VIE structures, horizontal competition, related-party transactions, historical regulatory breaches, and deficiencies in board and shareholders’ governance practices. We also assist in implementing structural adjustments and corrective measures to support a successful IPO filing.
Governance and Internal Controls
We assist in building governance frameworks, internal control systems, and disclosure processes that align with regulatory expectations for listed companies.
Drafting and Reviewing Transaction Documents
We draft and review key offering documents—including prospectuses, issuer representations, and underwriting agreements—to ensure accuracy, clarity, and regulatory compliance.
Intermediary Engagement and Coordination
We support the selection of lead underwriters, auditors, asset appraisers, and other professionals, and coordinate their efforts to maintain deal momentum.
Employee Equity Incentive Planning
We design employee stock ownership plans (ESOPs) and equity incentive schemes to help attract and retain talent while supporting post-listing governance flexibility.
Regulatory Communication and Inquiry Response
We assist clients in responding to feedback from stock exchanges and regulators by preparing legal response materials and participating in meetings or communications as needed.
Cross-border Regulatory Filings
For overseas IPOs, we advise on filing and registration requirements with authorities such as the NDRC, SAFE, and MOFCOM, ensuring proper compliance with outbound investment rules.
Red-chip Return Structuring
We assist Chinese technology and internet platform companies—especially those already listed overseas—in designing and implementing compliant pathways to return to China's A-share market, including dismantling red-chip structures and unwinding VIE arrangements as part of a broader restructuring plan.
Post-Listing Legal Support
We provide ongoing legal services after the IPO, including assistance with periodic disclosure obligations, follow-on offerings (such as rights issues, secondary placements, or convertible bonds), and capital markets compliance.
