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GLO advises OneForce Holdings Limited on its IPO and listing on the main board of the Stock Exchange of Hong Kong
2018-03-06

OneForce Holdings Limited (“OneForce Holdings”) (Stock Code: 01933.HK) commenced listing on the Main Board of the Stock Exchange of Hong Kong Limited on March 2, 2018.

 

OneForce Holdings is an information technology service provider in China’s electric power industry, its main clients include various electric power grid companies (e.g. IMPC, SGCC) and electric power retailing companies, the product/services offerings of OneForce Holdings primarily include electric power related software systems, technical services and hardware, which provide convenience for the electric power grid companies and electric power retailing companies. According to the CIC Report, OneForce Group is one of the top seven companies of the electric power selling and management system industry in China.

 

LY Capital Limited acted as the Sole Sponsor and Founders Securities (Hong Kong) Limited acted as the Sole Global Coordinator, the Sole Bookrunner and the Sole Lead Manager for this IPO. Global Law Office acted as the PRC counsel to the Sole Sponsor, the Sole Global Coordinator, the Sole Bookrunner and the Sole Lead Manager. Our team was led by our Shenzhen-based partners Mr. Cheng Li and Ms. Carrie Sun, and the team members include Danwei Wen and Gege Yi as well.