CIMC Vehicles Completes Spin-off from CIMC and Hong Kong IPO
Hong Kong – Paul Hastings, a leading global law firm, announced today that it has advised China International Marine Containers (Group) Co., Ltd. (“CIMC”) on the spin-off of CIMC Vehicles (Group) Co., Ltd. (“CIMC Vehicles”). CIMC Vehicles subsequently listed on the Main Board of the Hong Kong Stock Exchange. CIMC, headquartered in China, is a world-leading supplier of logistics and energy equipment, while CIMC Vehicles is a leader in the global semi-trailer industry.
Paul Hastings has a longstanding relationship with CIMC and has represented the company and its subsidiaries in a number of significant transactions, including
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