24 April 2017
Kunlun Tech Completes A-share Non-public Offering, CICC Acts as Sole Sponsor and Lead Underwriter

Beijing Kunlun Tech Co., Ltd (300418.SZ, “Kunlun”) successfully completed its A-share non-public offering in March 2017 with an issuance size of RMB600 MM. CICC acted as Sole Sponsor and Lead Underwriter in this transaction.

Kunlun, an integrated Internet services provider, was founded in 2008 and listed on SZSE ChiNext in January, 2015. The transaction was the first follow-on offering deal by an A-share listed company with game as its primary business, through which CICC expanded its brand influence in Chinext’s follow-on offering field.