近日，广州珠江啤酒股份有限公司在深圳证券交易所正式上市。作为华南地区啤酒行业的龙头企业，珠江啤酒本次公开发行共募集资金约4亿元，将用于投资广西、湖南两个年产20万千升啤酒的工程项目。中伦深圳办公室和广东信利盛达分别作为发行人法律顾问和承销商律师参与了此次上市项目。

Guangzhou Zhujiang Brewery, which is partially owned by Anheuser-Busch InBev, has successfully launched its IPO in Shenzhen, raising RMB400m (US$60m). The issuer engaged Zhong Lun in 2007 to be its legal advisor for the IPO and listing. The Zhong Lun team was headed by Shenzhen partner Xu Zhigang. Guangdong C&I represented Guangzhou Securities, the lead underwriter of this IPO.

"The pace of IPOs on Shenzhen's stock exchanges is faster compared to Shanghai although the IPOs are smaller. The capital markets practices of several firms in Shenzhen have been busy," said Xu. "Many privately owned companies now much prefer to raise funds and list on domestic stock exchanges, on which companies trade at a higher P/E ratio than those listed overseas."
Zhong Lun's Shenzhen office has experienced a particularly strong first half of 2010, completing more than 10 IPOs in Shenzhen.

Zhujiang Brewery, which aims to expand nationwide, has had an increased level of fund-raising and investment activity. Whilst preparing for the IPO with Zhong Lun, last year the company hired Guangzhou Guangda to act on its short-term corporate bonds issuance and acquisition of a brewery company. ALB

• Alcoholic beverages sector – recent deal highlights

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