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On 29 November 2015, With Chen Zhongye, Xiong Youqiu, Cai Wenjia and Zhan Menglu as PRC legal counsel for sponsor, Guotai Junan Capital Limited, Sundart Holdings Limited, a company incorporated in BVI, was listed on Hong Kong Stock Exchange (stock code: 1568), issuing 500 million shares (without exercise of overallotment option) and raising 626.4 million HKD.

Hong Kong Stock Exchange is an affiliated company of Jangho Group Company Limited, a domestic public company listed on Shanghai Stock Exchange(stock code: 601886). This Hong Kong IPO is a spin-off listing of domestic public company’s affiliated overseas enterprise. Sundart Holdings Limited is one of leading provider of interior decoration services in Hong Kong and Macao, specializing in interior decoration of residence and hotel. Up till 2014, Sundart Holdings Limited have a market share of 6.1% and 15.5% in Hong Kong and Macao respectively, becoming the largest contractor of interior decoration in Hong Kong and Macao.