On December 30, 2020, Zero2IPO Holdings Inc. (“the Company” or “Zero2IPO”, 1945.HK) was officially listed on the main board of Hong Kong Stock Exchange (“HKEx”), raising approximately US$57.0 million (pre-shoe)/ US$65.0 million (post-shoe, if fully exercised). CICC acted as Joint Global Coordinator, Joint Bookrunner and Joint Lead Manager in this transaction.

This the IPO of China’s largest equity investment service platform, and the first IPO by an equity investment service company in the Hong Kong market.

About Zero2IPO

Zero2IPO is an integrated service platform for equity investment industry, which provides data, marketing, consulting and training services to participants, including investors, entrepreneurs, growth enterprises and government agencies, in the equity investment industry. The Company has been an industry leader for about 20 years and has served 71 out of the top 100 investors in 2019. The Company operates PEdata Database, the largest equity investment database in China.

The Company, by providing data resources and research report services, omni-channel marketing solutions and business networking opportunities, financing solutions and capital resources for entrepreneurs and growth enterprises, as well as systematic knowledge and advanced skills for individuals with interests or needs in equity investment, has become a hub connecting all industry participants, and one of the most recognized brands in the equity investment industry in China.

Discovering a touching investment story and introducing high-quality cornerstone investors

CICC took lead in marketing activities and discovered an attractive investment story for the Company. With rich experience in the Hong Kong capital market, CICC worked with high quality cornerstone investors including Sequoia, IDG, and Hillhouse under a tight schedule, successfully securing over half of the International Placement with the largest contribution of US$14.5mn.

Achieving successful high-end pricing with effective marketing and high-quality investor engagement

CICC fully utilized worldwide sales resources by closely following-up with potential investors to facilitate the Company’s marketing activities, leading to remarkable roadshow order conversion. CICC laid a solid ground for high-end pricing as all orders introduced by CICC were without price limit.

Accomplishing successful issuance against pressure

CICC actively assisted the Company in an unstable market environment. The book was multiple times covered by CICC’s large volume of high quality orders including top long-only investors and hedge funds, leading to significant oversubscription in HKPO and international offering.

The successful completion of Zero2IPO HK IPO sets an extraordinary milestone, reinforcing a long-lasting relationship between CICC and Zero2IPO. CICC has thus gained trust and high recognition from the Company.

As a leading investment bank with “China Roots, International Reach”, CICC will continue to utilize its capital market expertise as well as its seamless integration of onshore and offshore capabilities, to provide continuous supports to customers through introducing global investors, reaching international capital market, and promoting business development globally.