On December 20, iMotion Automotive Technology (Suzhou) Co., Ltd. ("iMotion Automotive Technology", stock code: 01274.HK) made an initial public offering of H shares and was listed on the Hong Kong Stock Exchange. iMotion Automotive Technology is also the first batch of H-share listed companies to complete the filing after the new rules on overseas listing filing system take effect on March 31, 2023.
iMotion Automotive Technology is an autonomous driving solution provider focusing on autonomous driving domain controllers. The company can provide automatic driving domain controller product line and solutions, covering highways, complex urban roads, ring roads, rural roads, parking lots and other passenger vehicle price segments and full driving scenarios.
Citigroup, Huatai Financial and CCB International are the exclusive sponsors of the listing;
Kirkland & Ellis is the Company's legal adviser in Hong Kong and the United States, and Jingtian & Gongcheng is the Company's legal adviser in China;
Shearman & Sterling is the underwriters' legal counsel for Hong Kong and the United States, and DeHeng Law Offices is the underwriters' legal counsel for China;
PwC provides audit services;
Frost & Sullivan is an industry consultant.