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On 15 January 2019, Chengdu Expressway Co., Ltd. (Stock Code: 1785.HK) has its H shares successfully listed in Hong Kong Stock Exchange. The final offer price has been determined at HK$2.20 per share. The number of offer shares in the global offering is 400,000,000.

Founded in 1998, Chengdu Expressway Co., Ltd. is a China-based company principally engaged in the operation, management and development of expressways located in Sichuan province. The Company’s expressway network includes four expressways: Chengguan Expressway, Chengpeng Expressway, Chengwenqiong Expressway and Chengdu Airport Expressway. The Company mainly conducts its business in Sichuan Province, China. The listing is a milestone which means the company enters the international capital markets.

Guantao acted as PRC counsel to the sponsor CLSA Capital Markets Limited. Led by partner Chen Zhongye, Guantao team also includes Xiong Youqiu, Zhan Menglu and Wang Siting.