09 July 2020

Sinocelltech launches IPO on STAR Market

On 22 June, Sinocelltech Group Limited (" Sinocelltech") made its initial public offering (“IPO”) on the SSE STAR Market (stock code: 688520). Sinocelltech applied the fifth set of listing standards on the Sci-Tech Innovation Board. The issuance raised a total of RMB 1.282 by issuing 50 million new shares at the price of RMB 25.64 each.

Sinocelltech is an innovative biopharmaceutical R&D and industrial development company dedicated to the development of biomedicines with differentiated competitive advantages. It focuses on multiple therapeutic and preventive fields such as malignant tumors, autoimmune diseases, infectious diseases and genetic diseases.

As the issuer’s counsel, King & Wood Mallesons (KWM) provided legal services in relation to the demonstration of listing path scheme, employee equity incentive, etc. throughout the listing process to successfully land on the Sci-Tech innovation board.

The KWM team included partners Gao Yimin and Jia Diyan, with support from senior associate Liu Zhihui. Jiang Yifeng is the lead partner.

Media contact

Share on LinkedIn Share on Facebook Share on Twitter
    You might also be interested in

    On 3 August 2020, MTR Corporation (“MTR”, 00066.HK) announced that the consortium, led by its fully-owned subsidiary MTR Consulting (Shenzhen) Co., Ltd.

    06 August 2020

    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”.

    05 August 2020

    On 22 July 2020, Qi An Xin Technology Group Inc. (“Qi An Xin Group”) made its A-share IPO on the Sci-Tech Innovation Board of the Shanghai Stock Exchange under the stock code: 688561.

    24 July 2020

    On 22 July, 2020, King & Wood Mallesons (KWM) Restructuring & Insolvency partner Mr. Wang Xin was recognized as one of the 2020 ALB China Top 15 Rising Lawyers by Asian Legal Business (ALB) .

    21 July 2020

    This site uses cookies to enhance your experience and to help us improve the site. Please see our Privacy Policy for further information. If you continue without changing your settings, we will assume that you are happy to receive these cookies. You can change your cookie settings at any time.

    For more information on which cookies we use then please refer to our Cookie Policy.