Dentons Hong Kong has advised Xiamen Jihong Co., Ltd (SEHK: 02603) on its dual primary listing and the global offering of its H shares on the Main Board of the Hong Kong Stock Exchange. Xiamen Jihong Co., Ltd is also listed on the Shenzhen Stock Exchange (SZSE: 02803).

Headquartered in Xiamen, Fujian, Xiamen Jihong Co., Ltd's business focuses on the Asian market, and it is a leading dual-driven enterprise, primarily engaging in the provision of cross-border social e-commerce and paper packaging solutions. In 2024, they ranked first among FMCG paper consumer packaging companies in Mainland China based on their year revenue and ranked second among China's business-to-customer outbound e-commerce players based on revenue generated through social media e-commerce business in Asia.

The joint sponsors and sponsor-overall coordinators of this offering include China International Hong Kong Securities Limited and CMB International Capital Limited. The joint sponsors, together with BOCI Asia Limited, China Galaxy International Securities (Hong Kong) Co., Limited, ICBC International Securities Limited and CCB International Capital Limited are the joint global coordinators of this offering. The offering raised gross proceeds of approximately HK$521.5 million.

The Dentons Hong Kong team is led by capital markets partner and head of corporate finance Gordon Ng and assisted by associates Ningxin Sun and Kevin Lo.

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