King & Wood Mallesons (“KWM”) advised the underwriters on the listing of Baozun Inc. (“Baozun”) on NASDAQ (stock code: BZUN). Continuing an emerging trend of Chinese technology companies taking their businesses public, the Shanghai-based Baozun issued 11,000,000 American Depositary Shares ("ADSs") priced at USD $10 per share. In this project, Baozun has granted the underwriters a maximum of 1.65 million ADSs with an overallotment option. The financing amount will reach USD $126.5 million if the underwriters exercise the overallotment option.
King & Wood Mallesons acted as the PRC legal counsel for the underwriters. This project was led by partner Ms. Zhao Xiaohong and Mr. Jing Gang, supported by Mr. Sun Ji, Mr. Xiao Siyu, Ms. Fang Ruoruo and Mr. Chen Bo. Partner Mr. Gong Mulong provided strong support to this project.
Baozun is a leading domestic provider of e-commerce solutions offering great investment potential to Chinese and overseas investors.