Ashurst advises on China's new generation sweetener manufacturer Newtrend Group's Hong Kong IPO
10 June 2025
Ashurst represented Newtrend Group Holding Co., Ltd. (“Newtrend Group”; SEHK: 2573) on its successful global offering (IPO) and the listing of H Shares on the Main Board of The Stock Exchange of Hong Kong Limited.
Headquartered in Ji’an, Jiangxi, China, Newtrend Group is a leading manufacturer of food-grade glycine and sucralose, supplying major international food and beverage companies. The company is recognized for its advanced production facilities, strong research and development capabilities, and commitment to quality and regulatory compliance.
The IPO marks a significant milestone for Newtrend Group, which has established itself as a key player in the global food ingredients sector, with a strong international customer base and robust production capabilities.
The Ashurst team was led by partner Li Jiang, supported by Tokyo based partner Alexander Dmitrenko, lawyers Vicki Tang and Ferren Cee.
