Baiwang Co., Ltd. ("the Company") successfully completed its initial public offering and was listed on the Main Board of the Hong Kong Stock Exchange on July 9, 2024, with the stock code 6657. HK. Haitong International is the exclusive sponsor of this project.
As a leading enterprise digital solution provider in China, Baiwang Co., Ltd. focuses on providing SaaS finance and tax digitalization and data-driven intelligent solutions through the Baiwang Cloud Platform. With insights into large amounts of transaction data and equipped with big data analysis capabilities, Baiwang Co., Ltd. promotes automated and digital business decisions for corporate customers, and has gained wide market recognition in the field of digitalization of China's finance and tax-related transactions, establishing a leading industry position. Among China's cloud-based finance and tax-related transaction digitalization solution providers, Baiwang Co., Ltd. ranks first in terms of revenue in 2023.
the domestic legal counsel and data compliance counsel for Baiwang Co., Ltd. in this Hong Kong listing project. With years of experience in legal services in domestic and overseas capital markets, Tian Yuan fully utilized the professional skills and comprehensive capabilities of domestic lawyers and Tian Yuan's comprehensive service capabilities to work with various professional intermediary institutions to solve various complex problems with an efficient and professional service spirit, ensuring that the company completed various tasks in a timely manner and successfully completed this listing. Throughout the project, Tian Yuan assisted the company in successfully completing this listing with solid professionalism, efficient execution capabilities, effective communication and collaboration, and a service spirit of overcoming difficulties, winning unanimous recognition from the company and all parties.
This project was led by Tian Yuan senior partners Liu Yan and Wang Xiangping, and completed by partners Zhang Yiming and Chen Huiyan, and capital market lawyers Chen Jiarui, Yang Yang, Wang Li, Liao Yajiao, etc. The data compliance legal services involved in this project were completed by a team led by senior consultant Zhu Xuanye; partner Yang Xiaoli also provided intellectual property compliance consulting support for the project.