Linklaters acted as the Hong Kong and US counsel for Minieye Technology Co., Ltd (Minieye) on its global offering and successful listing of H shares on the Main Board of the Hong Kong Stock Exchange (HKEX). This is the latest landmark HKEX IPO in the intelligent mobility sector in China.
Minieye is a pioneering intelligent driving and cabin solutions provider in China, focusing on the innovation and implementation of full-stack technology of autonomous driving. The proceeds from the transaction will be used to enhance R&D capabilities, increase production efficiency and solution competitiveness, reinforce sales and marketing capabilities, and support working capital and general corporate purposes.
The transaction was led by Christine Xu, Partner and Head of Equity Capital Markets, Greater China, along with Oliver Zhong, Special Senior Adviser and New Economy Team Leader (Greater China), with support from counsel Queenie Tong. The successful completion of this transaction is a testament to the team’s expertise and unique experience in the new economy sectors including autonomous driving, hard and core technology, new energy vehicles and other related industries.
Linklaters’ Partner and Head of Equity Capital Markets, Greater China, Christine Xu commented:
“We are honoured to have supported Minieye in their successful transaction and deeply appreciate the trust they placed in our team. Congratulations on a landmark IPO! Our team is proud to have contributed to multiple HKEX IPO listings in the autonomous driving, intelligent mobility and related industries this year, including RoboSense (the first LiDAR listing on HKEX), Chenqi Tech (the first ride-hailing platform and Robotaxi listing on HKEX), and Minieye. We are excited to be part of the growth trajectory of the new economy sectors, and we look forward to continuing to provide comprehensive support to clients, from pre-IPO investments and IPO to post-listing compliance and equity financing.”