On 17 January 2020, JiaChen Holding Group Limited (“JiaChen Group”) (1937) was successfully listed on the Main Board of the Hong Kong Stock Exchange.
JiaChen Group engages in the manufacturing, sales and installation of access flooring products for office buildings in China. It is the third largest player in access flooring manufacturing industry in China. JiaChen Group's products mainly consist of: (a) steel access flooring products; and (b) calcium sulfate access flooring products. Its access flooring products have been generally applied in office buildings in China with the following characteristics: (i) cable management (wires and cables are managed and organised underfloor with flexibility to accommodate any electronic devices); (ii) short installation time; (iii) high compressive strength and fire-resistance characteristic; and (iv) high bearing capacity.
Addleshaw Goddard's team advised Dakin Capital Limited, the sponsor in the listing. The AG team working on the listing includes Daniel Wan, Agnes Wong, Mark Leung, Ada Yung, Peter Pang, Michael Shu, Nicole Lam and Cindy Liu.
The AG team has been involved in many Hong Kong IPOs covering companies in a wide range of sectors. AG acted for sponsors and underwriters in over 20 successful Hong Kong IPOs from 2015 to 2020. The listing of JiaChen Group represented AG's 27th Hong Kong listing. Based on the superb track record, AG is recognized by Legal 500 under the "Hong Kong – Capital Markets (Equity)" category in 2018 and 2019.