On 11 December 2020, Pop Mart International Group Limited ("Pop Mart") successfully launched its IPO and was listed on the Main Board of the Hong Kong Stock Exchange (Stock Code: 9992.HK). In this global offering, Pop Mart issued a total of 135,715,200 shares (subject to the over-allotment option) at a price of HK$38.5 each, raising approximately HKD5.225 billion (subject to the over-allotment option).
Pop Mart is a leading designer toys company in the market. With "to light up passion and bring joy" as its slogan, Pop Mart established a platform of integrated operations that covers the entire industry chain of designer toys. It has become the pioneer and promoter of Chinese designer toys culture.
Acting as the PRC counsel to the sponsor in this offering, King & Wood Mallesons was fully engaged in all stages of the project, including legal due diligence, business due diligence, prospectus review and amendment, providing it with comprehensive, professional, high-quality and efficient services.
This project was led by partners Gong Mulong, and Hu Jing, with team members including Zhang Ying, Chen Wentao, Zhang Jinhao, and Xiao Jiao.