On 31 March 2023, Powerwin Tech Group Limited (Powerwin Tech, Stock Code: 2405) successfully listed its shares on the Main Board of The Stock Exchange of Hong Kong Limited (SEHK).
Powerwin Tech is a leading cross-border digital marketing service provider. According to Frost & Sullivan, Powerwin Tech was the fourth largest cross-border digital marketing service provider in China Mainland with a market share of 2.7% by gross billing in 2021.
King & Wood Mallesons (KWM) advised the sole sponsor GF Capital (Hong Kong) Limited and the underwriters as their Hong Kong and PRC legal counsels.
The Hong Kong office team was led by partners Dr. Sheldon Tse and Hui Zheng, and the Beijing office team was led by Ji Sun, who were together supported by Jeff Wong, Jane Bu, Angela Chung, Christine Lau, Jordian Chan, Tom Liu, Elsie Ma, Yixin Che, Wenjun Yuan, Xiaoyu Zhang and Yushan Wang.
*The Mainland of China is described as “China Mainland”. Any reference to “Hong Kong” or “Hong Kong SAR” shall be construed as a reference to "Hong Kong Special Administrative Region of the People's Republic of China".