Harneys advises on the Hong Kong IPO of the first Chinese publicly listed RV manufacturer
With the second-largest market share in Australasia’s recreational vehicle (RV) industry, New Gonow specialises in the design, development, manufacturing and sale of towable RVs. Built upon a vertically integrated business model, New Gonow is capable of combining its in-house product design and manufacturing expertise in China with its local sales capabilities in Australasia.
Partner Raymond Ng led the charge on this project. He said: “We are pleased to assist New Gonow in becoming the first Chinese RV manufacturer to go public. With the new funds raised, we look forward to continuingly supporting them in expanding their business operations and strengthening their sales and distribution network.”
The firm's strategic alliance partner, Harneys Fiduciary, provides registered office service and acts as principal share registrar to New Gonow.
The Corporate team at Harneys has a leading Equity Capital Markets (ECM) practice with substantial experience in all aspects of capital raising by offshore companies, including IPOs and secondary offerings, rights issues, equity linked securities, including convertible and exchangeable bonds, SPACs and business combinations, as well as private placements, take-privates, takeovers and spin-offs. The firm’s ECM expertise lies in advising entities listed or listing on all major stock exchanges, including the New York Stock Exchange, NASDAQ, the London Stock Exchange, AIM, the Hong Kong Stock Exchange, the Shanghai Stock Exchange and the Luxembourg Stock Exchange.
