Clifford Chance Advises Autonomous Truck Company CiDi on Chapter 18C IPO and Hong Kong Listing

Clifford Chance LLP and Shanghai He Ping Law Firm advised CiDi Inc. on its initial public offering and listing on the Main Board of the Hong Kong Stock Exchange. The transaction comprised CiDi's IPO and listing under the Exchange's Chapter 18C regime for specialist technology companies and raised approximately HK$1.4 billion. CiDi is a provider of intelligent driving products and solutions for commercial vehicles in China and is the first autonomous mining truck company to list in Hong Kong. Partner Fang Liu said the firm was honoured to advise CiDi on its landmark listing, which she said marks a key step in bringing advanced autonomous driving to market and highlights how it is empowering productivity and efficiency. She added that Hong Kong continues to stand out as a leading venue for listings by companies pioneering and scaling cutting-edge technologies. Clifford Chance LLP represented client Cidi Inc. with a team composed by: Partner Fang Liu; Partner Virginia Lee; Counsel Claire Cao; Counsel Haoze Zheng; Associates Ryan Ho; Elaine Lau; Hester Choi; Yuanyang Li; Legal Assistant Kelly Shi; Trainee Solicitors Julie Luo and Nianyi Ye; Paralegals Calvin Wong, Norah Li and Sampson Koo. Shanghai He Ping Law Firm represented client Cidi Inc. with a team composed by: Associate Bryan Lu.

Clifford Chance Advises Autonomous Truck Company CiDi on Chapter 18C IPO and Hong Kong Listing

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