Sidley Represents Yunnan Jinxun Resources Co Ltd in Its Hong Kong IPO

Sidley acted as Hong Kong and U.S. counsel to Yunnan Jinxun Resources Co., Ltd. (Yunnan Jinxun) (HKEX: 3636) in its initial public offering (IPO) and H share listing on the Main Board of the Hong Kong Stock Exchange (HKEX). The offering raised approximately HK$1.1 billion (US$141.7 million). Huatai Financial Holdings (Hong Kong) Limited acted as the sole sponsor in the transaction.

Listed on the NEEQ (National Equities Exchanges and Quotations), also known as the "New Third Board", Yunnan Jinxun is a leading manufacturer of high-quality copper cathode, with a strong presence in the Democratic Republic of the Congo and Zambia. It is the only Chinese company to rank among the top five copper cathode producers by production volume in both jurisdictions as of December 2024, according to Frost & Sullivan.

The Sidley team was led by partners Claudia Yu and Meng Ding (China Corporate and Finance). Other team members included Liming Xu, Eva Tsui, Maggie Bai, Iris Lao, Andy Tam, Hannah Wong, Ningxuan Zhang and Rosie Tang (all China Corporate and Finance).

Sidley’s Hong Kong IPO team is widely recognized for its strong transactional track record, assisting with the most Hong Kong IPOs of any international law firm. In recognition of this, the team has received several accolades, including being named “Securities Firm of the Year” at Law.com International’s Asia Legal Awards 2024 and deemed “highly recommended” by the FT Innovative Lawyers APAC Awards 2025 in the category “Innovative Lawyers in Unlocking Capital.”