Mayer Brown JSM advises Ten Pao Group Holdings on its listing debut in Hong Kong
11 December 2015
Mayer Brown JSM acted as the legal adviser for Ten Pao Group Holdings on its global offering and listing on the Hong Kong Stock Exchange today.
Headquartered in Huizhou, Guangdong Province in mainland China, Ten Pao Group is a one-stop manufacturer of switching power supply units with more than 30 years experience in the power supply industry. The company is one of the few manufacturers that have its own China National Accreditation Service for Conformity Assessment (CNAS) accredited testing laboratory. This recognition enables it to transform in tandem with technological changes as it develops new products catering to the specifications of its customers.
According to Ipsos’ report, Ten Pao ranked ninth among switching power supply unit manufacturers in terms of sales revenue in China in 2014. The same report also placed the company seventh among manufacturers whose principal business is the manufacturing of switching power supply units in terms of sales revenue in mainland China in 2014.
Ten Pao manufactures a wide range of switching power supply units for consumer products and smart chargers and controllers for industrial use for some of the world’s most renowned companies, including Flextronics Group, Bosch Group, Stanley Black & Decker, TCL Group and Oppo Group.
The Mayer Brown JSM team is led by Corporate & Securities partner Billy Au. He was assisted by senior associate Jeremy Hsu and associate Wilson Chong.