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Conyers Dill & Pearman provided BVI and Cayman Islands legal advice to China Shenghai Food Holdings Company Limited (the “Company”) in connection with its HK$210 million initial public offering (IPO) of 250,000,000 Global Offer Shares on the Main Board of the Stock Exchange of Hong Kong (Stock code: 1676).
China Shenghai Food Holdings Company Limited engages in the packaging and sale of seafood products in the Peoples’ Republic of China. It offers dried seafood, algae and fungi, and frozen seafood products, as well as seafood snacks under the Wofan brand name. The Company sells its products to supermarkets, trading companies, and convenience stores, as well as frozen seafood products through a seafood wholesale market; and through other sales channels, such as food companies, gift stores and e-commerce retailers. The Company was formerly known as Oceania Food (China) Holdings Company Limited and changed its name to China Shenghai Food Holdings Company Limited in October 2016. China Shenghai Food Holdings Company Limited was founded in 2005 and is headquartered in Xiamen, China.
Partners Lilian Woo and Flora Wong of Conyers’ Hong Kong office advised on the matter working alongside Winston & Strawn (Hong Kong), Shearman & Sterling (Hong Kong) and Jingtian & Gongcheng (PRC).