Chungs Lawyers (in association with DeHeng Law Offices) advised Giraffe Capital Limited as sole sponsor and the underwriters on the global offering and listing of Sunlight Technology Holdings Limited (stock code: 1950) (Sunlight Technology) on the Main Board of the Hong Kong Stock Exchange. Sunlight Technology raised approximately HK$130 million.
Sunlight Technology is a faux leather chemicals manufacturer principally engaged in the research and development, manufacturing and sale of coating agents and synthetic resins in the People’s Republic of China. It ranked the fourth in the faux leather coating agents market in the PRC in terms of revenue in 2018.
Dealing in the shares of Sunlight Technology on the Main Board of Hong Kong Stock Exchange commenced on 12 March 2020.