Hogan Lovells advises on the HK$272 million IPO of Wise Living Technology Co. Ltd

Press releases | 27 July 2023

Hong Kong, 27 July 2023 - Global law firm Hogan Lovells acted for the sole sponsor, Guotai Junan Capital Limited, and the underwriters, on the HK$272 million Initial Public Offering (IPO) of Wise Living Technology Co. Ltd on the Main Board of the Hong Kong Stock Exchange.

Wise Living Technology Co. Ltd is a cross-provincial heat service provider mainly operating in the “Three North Region”. It is principally engaged in the provision of heat services to residential and non-residential heat service customers under concession rights, and also provides heat-related (i) engineering construction services; and (ii) energy-conservation contract services.

The underwriters were Guotai Junan Securities (Hong Kong) Limited, Orient Securities (Hong Kong) Limited, CEB International Capital Corporation Limited, ABCI Securities Company Limited, China Galaxy International Securities (Hong Kong) Co., Limited, Kingsway Financial Services Group Limited, Livermore Holdings Limited, Fortune (HK) Securities Limited and Selina & Co. Limited.

Hong Kong corporate partner Sammy Li led the Hogan Lovells team, with support from senior associate Tiffany Lam, registered foreign lawyer Jenny Yu, associate Iris Cheung and senior paralegal Vivian Siu.