高盛、摩根士丹利、瑞银证券、中国国际金融香港证券有限公司、老虎证券和雪盈证券（SNB Finance Holdings Limited）是此次IPO的承销商。
Han Kun, Skadden, KWM, K&E act on Li Auto’s Nasdaq IPO
Han Kun Law Offices and Skadden, Arps, Slate, Meagher & Flom have represented Chinese electric vehicle maker Li Auto on its $1.1 billion initial public offering (IPO) on Nasdaq, with King & Wood Mallesons (KWM) and Kirkland & Ellis (K&E) advising the underwriters.
The IPO of the five-year-old Beijing-based automaker, two years after Chinese peer Nio went public in New York, is one of the biggest U.S. listings by a Chinese company this year, with investors value the company at around $10 billion, according to Reuters.
It added that unlike rival Tesla and Nio’s pure battery electric vehicles, Li Auto’s sport-utility vehicle model Li ONE allows drivers to charge their cars with electricity or gasoline, a technology called extended range electric vehicle (EREV).
Prior to the IPO, Li Auto received $550 million in Series D preferred shares financing in early July this year. The company sold 9,666 vehicles in the first six months of this year.
The The KWM team advising them was led by partners Gong Mulong, Ma Tianning and Hu Jing, while the Kirkland team was led by partners Zhang Tong (Hong Kong) and Lin Bang (Beijing).
Representing Li Auto, the Han Kun team was led by partners Lu Zaiguang and Wang Jin, while the Skadden team was led by partners Julie Gao (Hong Kong) and Li Haiping (Shanghai).
Maples and Calder provided offshore advice to the issuer.
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