Bright Future Technology Holdings Limited (“Bright Future”) listed on the Main Board of the Stock Exchange on 11 November 2020 with a red chip structure by way of share offer (stock code: 1351). The share offer included an offering of a total of 125,000,000 shares at an offer price of HK$1.1 and raised approximately HK$138 million.
Bright Future was established in late 2015. It offers customers with comprehensive mobile advertising services from promotion planning, advertisement production and placement to post-publication monitoring with an aim to optimise the promotional effectiveness for its customers. Bright Future’s customers have advertising needs at mobile internet media, either for maximising exposure of their products through advertising, or to achieve specific advertising results. Its customers include members of leading technology or internet companies in the PRC listed on the Main Board of the Stock Exchange and the New York Stock Exchange.
Chungs Lawyers (in association with DeHeng Law Offices) advised the sole sponsor, Messis Capital Limited and the underwriters on the listing of Bright Future.