NEWS

Paul Hastings Advises Haiwei Electronic on Hong Kong IPO and Global Offering

December 01, 2025

Paul Hastings (Hong Kong) LLP advised Hebei Haiwei Electronic New Material Technology Co. Ltd., one of the largest capacitor film manufacturers in China, on its HK$440 million (approximately US$56 million) global offering and listing on the Main Board of the Hong Kong Stock Exchange (9609.HKEX). The Hong Kong public offering wasmore than 5,000-times oversubscribed. Paul Hastings also assisted Haiwei Electronic in drafting the prospectus for its global offering and listing.

Founding partner and chair of Greater China Raymond Li, corporate partners Peter Cheng and Steven Hsu, and of counsel Alex Feng led the Paul Hastings team, which also included associates Iris Li and Linfei Li, legal managers Zhen Zhong and Jane Yin, trainee solicitor Gigi So and China advisor Elody Liang.

In 2025, Paul Hastings advised on 10 significant IPOs — Fibocom (wireless communication module provider), Fortier Technology (integrated circuit design company), Haitian (condiments company), Joyson Electronics (intelligent automotive technology solution provider), Lens Technology (integrated one-stop precision manufacturing solution provider), MetaLight (real-time bus information platform service provider), Pegbio (biotechnology company), Zhida Technology (EV home charging solution provider), Zhou Liu Fu (jewelry company) and Unisound (AI solution provider).

About Paul Hastings
With widely recognized elite teams across 17 core practices, Paul Hastings is a premier law firm with a culture of excellence focused on providing intellectual capital and superior execution globally to the world’s leading investment banks, asset managers and corporations.