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​JunHe Assisted Cirtek Holdings Limited in Getting Listed on the Main Board of the Hong Kong Stock Exchange

2020.03.12

On March 12, 2020, Cirtek Holdings Limited (hereinafter referred to as “Cirtek”, stock code: 1433) was successfully listed on the main board of the Stock Exchange of Hong Kong Co., Ltd. Cirtek issued 500 million shares at a price of HK $0.25 per share.


Cirtek principally manufactures and sells apparel labels and trim products. According to Frost & Sullivan, Cirtek’s revenue in 2018 ranks fifth in the apparel label and trim product manufacturing market in China. Cirtek mainly sells its products to apparel manufacturers in the United States and Europe.

 

Acting as the PRC legal counsel to the issuer, Cirtek, JunHe has been providing legal services to the issuer since December 2018, and did a good job in completing legal due diligence, issuance of PRC legal opinions, reviewing and revisions of prospectus and project documents, interview with governmental authorities and assistance in answering the feedbacks from the Hong Kong Stock Exchange. JunHe team has been unanimously recognized by the company and other intermediaries with its consistent efficient, rigorous and steady work style, as well as meticulous and professional service attitude. 


The leading partner in this project is Mr. WAN, Jing (Joe).


JunHe is the only Chinese law firm to be admitted as a member of Lex Mundi and Multilaw, two international networks of independent law firms. JunHe and selected top law firms in major European and Asian jurisdictions are “best friends.” Through these connections, we provide high quality legal services to clients doing business throughout the world.
As the first carbon neutrality fund sponsored by a law firm in China, the BAF Carbon Neutrality Special Fund was jointly established by JunHe and the Beijing Afforestation Foundation (BAF) to promote carbon neutral initiatives, and encourage social collaboration based on the public fundraising platform to mobilize engagement in public welfare campaigns.