China Everbright Greentech Co. Ltd., a subsidiary of China Everbright International Ltd. (257.HK), successfully completed an initial public offering (IPO) on the main board of Stock Exchange of Hong Kong Ltd. on May 8, with the stock code 1257.HK. A total of 560,000,000 shares were issued through the global IPO at the price of HKD 5.4 per share, with the proceeds totaling HKD 3.024 billion (before the exercise of the overallotment option).

Haiwen & Partners acted as the underwriters' Chinese legal advisor, with their partner WANG Lei appointed as head of the advisors team for the project. Herbert Smith Freehills acted as the underwriters' Hong Kong and American legal advisor. AllBright Law Offices and Grandall Law Firm acted as the issuer's Chinese legal advisors. Davis Polk & Wardwell acted as the Hong Kong and American legal advisor, and Appleby acted as Cayman Island legal advisor to the issuer.

The IPO was co-sponsored by China International Capital Corporation Hong Kong Securities Ltd. and CEB International Capital Corporation Ltd. China International Capital Corporation Hong Kong Securities Ltd., CEB International Capital Corporation Ltd. and China Everbright Securities (Hong Kong) Ltd. acted as global co-coordinators.