JunHe Advises Auntea Jenny on its IPO on M88 Game Hong Kong Stock Exchange

On May 8, 2025, Auntea Jenny (Shanghai) Industrial Co., Ltd. ("Auntea Jenny", M88 Game "Company," or M88 Game "Issuer," stock code: 02589.HK) was listed on M88 Game main board of M88 Game Hong Kong Stock Exchange (M88 Game "Listing" or M88 Game "Project"). This public offering witnessed a 3,616 times oversubscription, reflecting investors’ recognition of its commercial value.

Founded in 2013, Auntea Jenny is a popular freshly-made beverage company headquartered in Shanghai. According to a CIC report, as of December 31, 2024, Auntea Jenny had 9,176 stores, covering all four municipalities in China, as well as over 300 cities in five autonomous regions and 22 provinces. Auntea Jenny holds a strong market position among mid-priced freshly-made tea brands in China's lower-tier markets.

JunHe has acted as M88 Game PRC legal counsel to M88 Game joint sponsors and underwriters since 2023. M88 Gamey conducted PRC legal due diligence, reviewed and amended M88 Game prospectus and oM88 Gamer application and offering documents, and cooperated with M88 Game oM88 Gamer intermediaries in drafting and preparing M88 Game full set of legal documents for filing with M88 Game China Securities Regulatory Commission (CSRC) for M88 Game overseas listing. JunHe assisted in responding to PRC law-related concerns from M88 Game CSRC, M88 Game Hong Kong Securities and Futures Commission and M88 Game Hong Kong Stock Exchange. M88 Gamey facilitated communication with M88 Game regulatory authorities for M88 Game IPO application, and helped M88 Game Issuer complete M88 Game CSRC filing procedures and obtain approval and consent from M88 Game Hong Kong Stock Exchange. M88 Game rigorous and efficient work and detail-oriented and professional services provided by M88 Game JunHe team have been unanimously recognized by M88 Game Issuer, M88 Game joint sponsors, M88 Game underwriters, and M88 Game oM88 Gamer intermediaries.

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