deloitte china s ipo services successin2014 hk ipo services (2009-2014)* u.s. ipo servicesfor...

National Public Offering GroupFebruary 2016

Deloitte China’s IPO ServicesCredentials

Leader of IPO Services for Chinese Companies

2©2016. For information, contact Deloitte China.

Since 2006, we have assisted over 50 Chinese companies to list in the U.S. We came first among the Big 4 professional firms in the U.S. IPO services for Chinese companies. This represents nearly 40% of the entire market share.

Deloitte has completed more than 200 IPOs in HK since 2006 and has been leading* the market of HKIPO services since 2009.

Since 1980s, Deloitte has completed more than 600 IPOs in major IPO destinations

United States

United Kingdom

KoreaChina

*Based on the accumulated number of IPOs and proceeds raised from 2009 to 2015 on the Main Board.

Hong Kong

Japan

Singapore

Our Strong Leadership in IPO Services

3

25% 38%

Hong Kong IPO Services (2009-2015)

No. of IPOs

IPO Proceeds

Total no. of IPOs: 553

Total funds raised:HK$1.7 trillion

U.S. IPO Services for Chinese Firms (2006-2015)

No. of IPOs

Total no. of IPOs: 139

33%

©2016。For information, contact Deloitte China.

Source of Hong Kong market statistics: Hong Kong Stock Exchange, Deloitte analysis, as of 31 December 2015, proceeds do not include the green-shoe options of 17 newly-listed companies which did not announce their stabilization actions by 31 December 2015; based on the accumulated number of IPOs and proceeds raised from 2009 to 2015 on the Main Board.

Source of U.S. market statistics: New York Stock Exchange, NASDAQ, Deloitte analysis, as of 31 December 2015; based on the accumulated number of IPOs from 2006 to 2015.

Another Stellar Results for 2015


1IPO Services

Leader

HK No. of IPOs*Proceeds Raised*

U.S No. of IPOs**

23

%

1st Chinese fintech firm listed in the U.S. (Yirendai)

2nd largest IPO in HK, 2nd highest frozen

IPO funds in HK (GF Securities)

Completed the most number of mega*** IPOs in HK among Big 4 Firms (GF Securities,China Huarong Asset Management,China Energy Engineering)

Best subscribed IPO by retail investors in HK (Man King Holdings)

1

2009-2015

2006-2015 * in terms of cumulative no. of IPOs and funds raised at Main Board** in terms of no. of IPOs by Chinese firms*** mega IPO represents offering that raises US$1 billion or more

7Completed the most number of IPOs at the GEM of HK among Big 4 Firms(Steed Oriental, KPM Holdings, Lap Kei Engineering, FDB Holdings, Ahsay Backup Software Development, Thelloy Development and World-Link Logistics)

Our Success in 2014

HK IPO services (2009-2014)*U.S. IPO services for Chinese firms

(2006-2014)#

1

31

World’s largest pork company (WH Group)

Industry Firsts in HK IPO Services

2 of top 5 IPOs in HK**(CGN Power, WH Group)

IPOs with most frozen funds from retail investors

(CGN Power, CGN Meiya Power)

IPOs for 4 HK local brands(Hang Fat Ginseng, Sinomax,

Ernst Borel, SDM Group)

1st IPO in A Shares after IPO market restarted

(Neway Valve)

China's largest international school operator(China Maple Leaf)

Asia’s largest death care service provider (Nirvana Asia)

China's largest nuclear power producer (CGN Power)

IPO that offered 2nd highest 1st-day return (L & A Int’l)

$

* in terms of accumulated no. of IPOs and funds raised at Main Board** in terms of IPO funds raised# in terms of no. of IPOs



Deloitte is their reporting accountantMajor deals completed in HK in 2015

China HengshiFoundation Company Ltd.

It is a leading global manufacturer and supplier of fiberglass fabrics used in wind turbine blades.

China Energy Engineering Corporation Ltd.

It is one of the largest comprehensive solutions providers for the power industry in China and globally.

Sundart Holdings Ltd.

It is one of the leading contractors in HK and Macau, specialisingin providing professional fitting-out works for residential property and hotel projects.

China ZhongDiDairy Holdings Company Ltd.

It is a dairy farming company producing premium raw milk in China.

ManfieldChemical Holdings Ltd.

It manufactures a broad range of powder coatings and liquid coatings and offers tailor-made products.

Flat Glass Group Co., Ltd.

It is the largest manufacturer of photovoltaic glass globally and in China.



Zhong Ao Home Group Ltd.

It is a leading independent property management company in China.

China HuarongAsset Management Co., Ltd

It is the largest financial asset management company in China providing its clients with a diversified array of financial products and services.

Harmonicare Medical Holdings Ltd.

It is the largest private obstetrics and gynecology specialty hospital group in China.

Man King Holdings Ltd.

It is a main contractor in the construction industry principally engaged in providing civil engineering services in HK.

Red Star Macalline Group Corp. Ltd.

It is the largest home improvement and furnishings shopping mall operator in China.

Vital Mobile Holdings Ltd.

It is one of the leading ODM smartphone suppliers in the PRC targeting overseas markets.



Cheung Kong Property Holdings Ltd.

It is one of HK’s largest property developers with a leading market share in HK, with penetration in the PRC and presence in Singapore and the UK.

GF Securities Co., Ltd.

It is principally engaged in investment banking, wealth management, trading and institutional client services and investment management.

China Animation Characters Co. Ltd.

It primarily focuses onthe trading of animation derivative products (mainly toys) featuring renowned third-party owned animation characters for the Japanese market with the provision of value-added services.

World-Link Logistics (Asia) Holding Ltd.

It is an established logistics service provider in HK.

Thelloy Development Group Ltd.

It is an established main contractor in HK focusing on providing building construction services; and repair, maintenance, alteration and addition works services.

SiS Mobile Holdings Ltd.

It is one of the leading distributors of mobile phones in HK with extensive distributionchannels.



Steed Oriental (Holdings) Co. Ltd.

It is principally engaged in the manufacture and sale of a variety of customisedplywood products according to customers’ orders and specifications.

KPM Holding Ltd.

It is principally engaged in the design, fabrication, installation and maintenance of signage and related products in both the public and private sectors in Singapore.

FDB Holdings Ltd.

It is principally engaged in contracting service and consulting service for buildings in HK.

Ahsay Backup Software Development Company Ltd.

It is an online backup software developer in HK, with a focus on providing self-developed backup software products and services to our customers.

10

China Maple Leaf Educational Systems Ltd.

It is the largest international high school operator and the largest international school operator in China.

CGN Power Co., Ltd.

It is the largest nuclear power producer in China.

WH Group Limited

It is the world’s largest pork company with global leadership across key segments of the industry value chain.

Nirvana Asia Ltd.

It is the largest integrated death care service provider in Asia.

XiabuxiabuCatering Management (China) Holdings Co., Ltd.

It is a leading fast casual restaurant operator in China.

CGN Meiya Power Holdings Co., Ltd.

It is a diversified Independent power producer in Asia.


©2016. For information, contact Deloitte China.

11

On Time Logistics Holdings Ltd.

It is a growing international freight forwarding service provider in HK.

Ernest BorelHoldings Ltd.

It is one of the oldest Swiss premium watch makers, established since 1856 in Switzerland and with 158 years of heritage.

China VAST Industrial Urban Development Company Ltd.

It is one of the pioneer service providers in the planning, development and operation of large-scale industrial towns in China.

Sinomax Group Ltd.

It is a leading marketer, manufacturer and distributor of quality visco-elastic pillows, mattress toppers and mattresses in the U.S., HK and China.

Guorui Properties Ltd.

It is a fast growing residential property developer in China with commercial property operations.

Jiashili Group Ltd.

It is a large-scale biscuit manufacturer with a long history and leading position in the biscuit market in the PRC.



12

Hang Fat Ginseng Holdings Co. Ltd.

It is primarily engaged in the sourcing and wholesaling of unprocessed American Ginseng and is the largest first-level American Ginseng wholesaler in Hong Kong.

Hengxing Gold Holding Co. Ltd.

It is an emerging gold mining company in China. It owns and operates the Gold Mountain, the largest gold mine in Xinjiang, China.

Best Pacific Int’l Holdings Ltd.

It is one of the few lingerie materials manufacturers in the world that are able to provide one-stop solutions to lingerie brand owners

Colour Life Services Group Co., Ltd.

It is one of the leading property management companies in the PRC as being named China’s Largest Community Services Operator in terms of the number of residential unitsmanaged.

Medicskin Holdings Ltd.

It is a medical skin care group operating two Medicskin Centresin Hong Kong that primarily focus on the treatment of skin diseases/problems and/or the improvement of appearance of its clients.

L & A International Holdings Ltd.

It designs, procures, manufactures, markets and retails of pure cashmere apparel and other apparel products and accessories.



13

Major Holdings Company Ltd.

It is a retailer of a wide range of premium wine and spirits products.

Hong Wei (Asia) Holdings Co. Ltd.

It is primarily engaged in the manufacturing and sales of particleboards, which are environmentally friendly and resources saving reconstituted wood-based panels.

SDM Group Holdings Ltd.

It is the largest dance institution for children in Hong Kong.




WOWO Ltd.

It is one of China's leading third-party life style e-commerce platforms.

Yirendai Ltd.

It is a leading online consumer finance marketplace in China.

Jupai Holdings Ltd.

It is a leading third-party wealth management service provider.

Baozun Inc.

It is a leading brand e-commerce solutions provider in China.

Deloitte is their reporting accountantU.S. IPOs completed in 2015


MOMO Inc.

It is a revolutionary mobile-based social networking platform.

Leju Holdings Ltd.

It is a leading O2O, real estate services provider in China.

iKang Healthcare Group, Inc.

It is the largest provider in China’s fast growing private preventive healthcare services market.

Sky Solar Holdings, Ltd.

It is a global independent power producer that develops, owns and operates solar parks.

Deloitte is their reporting accountantU.S. IPOs completed in 2014

©2016. For information, contact Deloitte China. 16

Jiangsu WanlinModern Logistics Co., Ltd.

It is a logistics provider that focuses on woods imports.

Deloitte is their reporting accountantA-Share IPOs completed in 2015 and 2014

Happigo Home Shopping Co., Ltd.

It is a leading company of new generation of home television shopping.

Neway Valve (Suzhou) Company Ltd.

It is the largest and world-renowned industrial valve manufacturer in China.

Our China Practice• Over 10,000 people in 17 offices • Serving one-fifth of all companies listed on the Hong

Kong Stock Exchange (HKEx)• Leading position in public offering services in key

capital markets and was the reporting accountant for the global largest IPOs in both 2010 (Agriculture Bank of China) and 2011 (Glencore International Plc)

• Advising the Ministry of Finance in the Chinese Mainland on the development of international accounting standards and tax systems since 1993

• Leading the IPO services for HK for more than six consecutive years since 2009 (in terms of cumulative no. of IPOs and proceeds raised on the Main Board)

We have achieved many industry firsts:• The first to pioneer the listing of RMB-denominated

REIT (Hui Xian REIT)• The first to bridge the gap between Japanese

Generally Accepted Accounting Principles and the IFRS and assist on HKEx (SBI Holdings, Inc.)

• The first fixed single investment trust from Hong Kong’s hospitality industry in HK (Langham Hospitality Investments)

• The first state-owned distressed asset management company in HK (China Cinda)

• The first Mainland-based largest death care service provider in HK (Fu Shou Yuan)

• The first Chinese private hospital operator in HK (Phoenix Healthcare)

• The first nuclear power producer in China in HK (CGN Power)

• Asia’s largest integrated death care service providerin HK (Nirvana Asia)

• The first to list a Chinese fintech company at the New York Stock Exchange (Yirendai)

Our China Practice• Over 10,000 people in 17 offices • Serving one-fifth of all companies listed on the Hong

Kong Stock Exchange (HKEx)• Leading position in public offering services in key

capital markets and was the reporting accountant for the global largest IPOs in both 2010 (Agriculture Bank of China) and 2011 (Glencore International Plc)

• Advising the Ministry of Finance in the Chinese Mainland on the development of international accounting standards and tax systems since 1993

• Leading the IPO services for HK for more than six consecutive years since 2009 (in terms of cumulative no. of IPOs and proceeds raised on the Main Board)

We have achieved many industry firsts:• The first to pioneer the listing of RMB-denominated

REIT (Hui Xian REIT)• The first to bridge the gap between Japanese

Generally Accepted Accounting Principles and the IFRS and assist on HKEx (SBI Holdings, Inc.)

• The first fixed single investment trust from Hong Kong’s hospitality industry in HK (Langham Hospitality Investments)

• The first state-owned distressed asset management company in HK (China Cinda)

• The first Mainland-based largest death care service provider in HK (Fu Shou Yuan)

• The first Chinese private hospital operator in HK (Phoenix Healthcare)

• The first nuclear power producer in China in HK (CGN Power)

• Asia’s largest integrated death care service providerin HK (Nirvana Asia)

• The first to list a Chinese fintech company at the New York Stock Exchange (Yirendai)

Deloitte China National Public Offering GroupYour Winning Team for Listing in Capital Markets

Deloitte offices

Beijing

Dalian

Tianjin

Shanghai

Suzhou

Hangzhou

Xiamen

Hong Kong

MacauGuangzhou

Xingjiang

TibetQinghai

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YunnanGuangxi Guangdong

FujianJiangxi

HunanGuizhou

Chongqing

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Zhejiang

Jiangsu

Shandong

HenanShaanxiGansu

Shanxi

Inner Mongolia

Liaoning

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Heilongjiang

Taiwan

Hainan

HebeiNanjing

Chongqing

Ji’nan

Shenzhen

Harbin

Chengdu

Wuhan


Deloitte China at a Glance

18

ContactsNational Public Offering Group

Edward AuCo-LeaderTel：+852 2852 1266/ +86 755 3353 8075Fax：+852 2815 8476/ +86 755 8246 3186 Email：[email protected]

Dick KayCo-LeaderTel：+86 21 6141 1838Fax：+86 21 6335 0177Email：[email protected]

Jay HarrisonU.S. Capital Market LeaderTel：+852 2852 6337Fax：+852 2527 3036Email：[email protected]

Anthony WuChina A-Share Market Capital LeaderTel：+86 21 6141 1808Fax: +86 21 6335 0177/0377Email：[email protected]


mailto:[email protected]




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