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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.




Chungs Lawyers (in association with DeHeng Law Offices) advised Rugao Economic and Trade Development Company on its issuance of US$160,000,000 5.95% Bonds due 2023 which is listed on the Hong Kong Stock Exchange (stock code: 40133).


Rugao Economic and Trade Development Company is the primary investment, financing and construction platform in Rugao City, Jiangsu Province, the People’s Republic of China.


Listing of the bonds on the Hong Kong Stock Exchange commenced on 23 January 2020.

Advised Yunnan Baiyao Group Co., Ltd. (“Yunnan Baiyao”, listed on the Shenzhen Stock Exchange, Stock Code: 000538.SZ) in transferring its equity interest in Ban Loong Holdings Limited (Stock Code: 30) and Jacobson Pharma Corporation Limited (Stock Code: 2633) to Yunnanbaiyao Holdings Co., Ltd. (“Baiyao Holdings”), so as to effectuate the absorb and merger of Baiyao Holdings by Yunnan Baiyao.