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CBI Assists Sponsors and Lawyers in Due Diligence for APT Electronics (2551.HK) IPO

CBI Assists Sponsors and Lawyers in Due Diligence for APT Electronics (2551.HK) IPO

08 Nov 2024 Hong Kong China

On November 8, 2024, APT Electronics Co., Ltd. (2551.HK, APT Electronics), successfully listed on the Main Board of the Hong Kong Stock Exchange (HKEx). The market was overwhelming with this IPO and the public offer is being oversubscribed 5,677 times. The company has exercised its offer size adjustment option, increasing the total amount raised to approximately HKD 139 million. CBI is honored to participate in the due diligence work for this IPO Project.

APT Electronics is a provider of intelligent vision products and system solutions encompassing intelligent automotive vision, high-end lighting and advanced display. The company houses a broad array of “LED+” technologies that integrate LED technologies with integrated circuits (ICs), electronic control, software, sensors, optics and others. Their products were sold in more than 20 countries and regions, primarily in Asia, Europe and North America.

The due diligence services provided by CBI for this IPO project mainly cover litigation records, media searches , global compliance check and reputation intelligence reports of the group company, its directors and shareholders, major suppliers and customers. The whole due diligence involves 11 countries and regions including Brazil, China, India, the Netherlands and the United States, etc.