Ashurst advises on Chinese new energy solution provider Breton Technology's HK$234 million H-shares IPO

Global law firm Ashurst acted as the Hong Kong legal adviser of China International Capital Corporation Hong Kong Securities Limited and CMB International Capital Limited, the joint sponsors to Breton Technology Co., Ltd's (SEHK: 1333.HK) HK$234 million global offering and the listing of its shares on the Main Board of The Stock Exchange of Hong Kong Limited.

Breton Technology Co., Ltd. is a China-based provider of electric-powered engineering machinery. It designs, develops and commercializes battery-electric engineering machinery with autonomous capabilities and provides intelligent operation services.

Lead partner Frank Bi commented: "It has been a pleasure to support CICC and CMBI on Breton Technology's successful IPO. As a leading Chinese new energy solution provider, Breton Technology is well-placed to capitalise on the growing demand for sustainable energy solutions globally. We are proud to have played a role in this significant milestone."

The transaction was led by Asia head of corporate transactions Frank Bi, supported by Maggie Lai, Nicole Xu, Christy Wong and Yuning Lin.