On October 30, 2024, Jiangsu Lopal Tech. Co., Ltd. (2465.HK, Lopal Tech), successfully listed on the Main Board of the Hong Kong Stock Exchange (HKEx), raising approximately HKD 550 million. CBI is honored to participate in the due diligence work for this IPO Project.

Lopal Tech was established in 2003. The company initially offering lubricants and engine coolants. After years of developments, the company has now became a major lithium iron phosphate (LFP) cathode material manufacturer in the world and a renowned automotive specialty chemical manufacturer in mainland China.

In this IPO project, the due diligence services provided by CBI mainly include KYC reports, litigation records and media searches of the listing group and its directors and senior managements, while the jurisdiction focus of our due diligence mainly involves China and Hong Kong.