Sichuan Languang Justbon Services Group Co., Ltd’s $189 Million Global Offering And Listing


Sidley Austin advised Sichuan Languang Justbon Services Group Co., Ltd.

Sidley advised Sichuan Languang Justbon Services Group Co., Ltd. (HKEX: 2606) as the Hong Kong and United States legal counsel in its global offering and listing of H-shares on the Main Board of The Stock Exchange of Hong Kong Limited. This offering raised net proceeds of HK$1.48 billion (approximately US$189 million) before the Over-allotment Option is exercised. This listing is also a spin-off from a Shanghai-listed company, Sichuan Languang Development Co., Ltd.

Sichuan Languang Justbon Services Group Co., Ltd. is a leading property management service provider in Southwest China and Sichuan Province.

The Sidley team was led by partners Sherlyn Lau (Picture) and Renee Xiong, with support from senior China advisor Linda Ruan, counsel Claudia Yu, senior associate Julia Zhu, legal manager Jacky Lei, associates Anne Cai and Sean Gao and legal assistants Grace Hua and Luna Wang.

Involved fees earner: Sherlyn Lau – Sidley Austin LLP; Linda Ruan – Sidley Austin LLP; Renee Xiong – Sidley Austin LLP; Claudia Yu – Sidley Austin LLP; Julia Zhu – Sidley Austin LLP;

Law Firms: Sidley Austin LLP;

Clients: Sichuan Languang Justbon Services Group Co Ltd;