King & Wood Mallesons advised Shanghai Eastday Network Co., Ltd., (Eastday Network) on its successful listing on the National Equities Exchange and Quotations, also known as New Third Board, a securities exchange for small and medium-sized entities (Stock Code: 834678), making it a significant listing by business scale and asset as a news website enterprise listed on the New Third Board.

As a national major news website, Eastday Network (www.eastday.com) is directly controlled by the State-owned Assets Supervision and Administration Commission of Shanghai Municipal Government, and it is one of the most influential, authoritative and credible mainstream network media in Shanghai. It is ranked as the top local news website by comprehensive influence nationwide, and is listed among China's top Internet companies (the only local news website ranked) for three consecutive years.

KWM acted as the PRC legal counsel for Eastday Network, providing professional legal advice to all aspects of the client’s New Third Board listing project. The KWM legal team was led by partners Zhang Mingyuan and Zhang Yi.