On 30 July 2020 EST, LI AUTO INC. ("LI AUTO") launched its Initial Public Offering ("IPO") on Nasdaq Global Select Market under the symbol "LI". LI AUTO issued 95 million American Depositary Shares ("ADS") at USD11.5 each, raising approximately USD1.0925 billion, excluding the amount of exercising the over-allotment option.
As an innovator in China's new energy vehicle market, LI AUTO is committed to providing safe, comfortable, convenient, and efficient intelligent mobility solutions for all families.
As the PRC counsel to the underwriters, including Goldman Sachs, Morgan Stanley, UBS, and CICC, King & Wood Mallesons has provided comprehensive, professional, high-quality, and efficient legal services in facilitating the successful IPO of LI AUTO.
The project was led by partners Gong Mulong, Ma Tianning, and Hu Jing.