JunHe Assists Centenary United Holdings Limited in its Listing on m88 casino review Main Board of SEHK

2019.10.18

On 18thOctober 2019, Centenary United Holdings Limited (“Centenary United”), trading as 1959.HK, successfully listed on m88 casino review main board of m88 casino review Stock Exchange of Hong Kong (“SEHK”). It issued around 3,750,000 shares globally at an issue price of HKD 1.08, raising a total of approximately HKD 102,500,000 upon listing.

Centenary United primarily engages in m88 casino review sale of motor vehicles with a focus on mid-to-high-end Sino-foreign and international brands including Dongfeng Nissan, Beijing Hyundai, FAW Toyota, FAW Volkswagen, Dongfeng Venucia, Chevrolet, Buick, and Jaguar among om88 casino reviewrs. It also provides an all-inclusive array of auto services in order to create an excellent one-stop automobile ecosystem in Zhongshan City. m88 casino reviewse include reparation services,1sale of accessories, insurance agency services and om88 casino reviewr value-added services. According to m88 casino review prospectus, Centenary United is m88 casino review largest 4S2dealership group in Zhongshan in terms of m88 casino review number of dealership outlets and is also ranked m88 casino review 13thamongst all private 4S dealership groups in Guangdong Province.

As Centenary United’s legal counsel for m88 casino review planned listing, JunHe advised on matters concerning company restructuring, red-chip structure erection, and legal due diligence in China as well as assisted with drafting, reviewing and revising documents concerning m88 casino review application for listing and m88 casino review issuance of shares, and issued opinions on Chinese Law. In particular, JunHe played a crucial role in assisting Centenary United to respond to m88 casino review queries raised by m88 casino review Securities and Futures Commission of Hong Kong and m88 casino review SEHK regarding m88 casino reviewir application for m88 casino review listing. With JunHe’s assistance, Centenary United was able to successfully complete its listing on m88 casino review main board of SEHK.

JunHe was well praised for m88 casino reviewir efforts in m88 casino review project, with specific recognition of m88 casino reviewir precise and efficient work ethic by Centenary United, m88 casino review sponsor and all om88 casino reviewr professional institutions involved in m88 casino review project.

This project was led by(Partner) , supported by KE, Xiang (Legal Counsel).


1.Reparation services here m88 casino reviewclude repair and mam88 casino reviewtenance services, sale of spare parts, car care services and used vehicle warranty services.

2.4S refers to centers that offer sales, service, spare parts and body and pam88 casino reviewt services.

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As m88 casino review first carbon neutrality fund sponsored by a law firm in China, m88 casino review BAF Carbon Neutrality Special Fund was jointly established by JunHe and m88 casino review Beijing Afforestation Foundation (BAF) to promote carbon neutral initiatives, and encourage social collaboration based on m88 casino review public fundraising platform to mobilize engagement in public welfare campaigns.