On March 27, 2025, SOFT INTERNATIONAL GROUP LTD (SOFT INTL, HK Stock Code: 2569) successfully completed its global offering and listing on the Main Board of the Stock Exchange of Hong Kong Limited (SEHK). Priced at HK$0.51 per share, the global offering comprised a total of 250,000,000 shares and raised approximately HK$127.5 million (assuming the over-allotment option is not exercised).
The company is a renowned provider of personal care and hygienic disposable products (including babycare, feminine care and adult incontinence products) in the PRC. Notably, its babycare product line represents the largest segment of the hygienic disposable industry in China export and domestic markets, accounting for approximately 58.8% of total export value and 38.5% of retail sales value in 2023, according to the Frost & Sullivan Report.
Sunny Fortune Capital is the sole sponsor and sole overall coordinator, and Sunny Fortune Capital and Yue Xiu Securities are the joint global coordinators, joint bookrunners and joint lead managers.
KWM acted as the legal adviser to the sole sponsor and the underwriters on HK laws, leading the prospectus drafting process while conducting a comprehensive and in-depth analysis and demonstration on the key legal issues. The KWM team thoroughly examined and analyzed the various legal challenges related to this project, offering practical and effective opinions and solutions.
The team was led by Hong Kong office Partner Anthony Wan, with support from Albert Wong, Ryan Kwan and Keith Chan.
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”.
