Central China New Life Limited ("Central China New Life", stock code: 9983.HK) was successfully listed on the main board of the Stock Exchange of Hong Kong Limited on May 15, 2020. Despite the turmoil in the global economy affected by the epidemic, Central China New Life was oversubscribed almost 40 times by investors, eventually raising about HK$2.06 billion at a price close to the cap on the range (HK$6.85/share).
Tian Yuan, as a Chinese legal adviser to the listing sponsor for Central China New Life, BNP Paribas and underwriter group, participated in the project and provided professional and quality legal services, and thus won high praise from issuers and sponsors. Tian Yuan has rich experience in providing legal services for property and real estate, and is among the best in the listing of property management companies in Hong Kong. Tian Yuan has successfully undertaken offshore IPO projects of such property management companies and real estate enterprises as Ever Sunshine Lifestyle Services (1955.HK), Binjiang Services (3316.HK), Midea Real Estate (3990.HK), Wancheng Holding (2892.HK), etc., winning the good praise of the industry.