CBI Assists Sponsors and Lawyers in Due Diligence for ContiOcean’s (2613.HK) IPO
On January 9, 2025, ContiOcean Environment Tech Group Co., Ltd. (2613.HK, ContiOcean) successfully listed on the Main Board of the Hong Kong Stock Exchange (HKEx), raising a total of HKD 318 million. CBI is honored to participate in the due diligence work for this IPO Project.
ContiOcean is a PRC-based maritime environmental protection equipment and system provider, assisting customers to pursue more effective and sustainable business operations while meeting various requirements set by the International Maritime Organization. The equipment and systems include marine exhaust gas cleaning systems, marine energy-saving devices, marine clean-energy supply systems and maritime services.
In this IPO project, CBI primarily assisted the sponsor team in conducting due diligence on the group company, its directors, senior management, shareholders, suppliers and customers. In addition to the basic information such as litigation, bankruptcy, winding-up and media records, CBI also assisted the sponsor team in conducting related company search, reference check and reputation intelligence. The due diligence project globally covers 14 countries and regions, including China, Hong Kong, Singapore, India, Portugal and Liberia, etc.