Cooley and Dua Associates have guided Apple supplier Lingyi iTech (Guangdong) Company on its HKD8.26 billion (USD1.06 billion) initial public offering on the Stock Exchange of Hong Kong main board. Linyi iTech issued 811,811,880 global H shares, priced at HKD10.80 each and debuted on 26 June 2026. The Hong Kong IPO completes the Chinese tech firm’s dual listing, following its debut on the Shenzhen Stock Exchange in 2011.
Dua Associates acted as Lingyi iTech’s counsel on all Indian law aspects of the transaction. The firm’s mandate included legal due diligence on the company’s Indian subsidiaries, regulatory analysis, disclosures, risk factors and other India-specific matters required for the listing process.
“We are pleased to have advised Lingyi iTech on the Indian law aspects of its Hong Kong listing of H shares and to have supported Lingyi iTech through an important milestone in its international growth journey,” said Munish Sharma, a Dua Associates partner, who co-led the transaction team.
Sharma and senior adviser Sunil Malik led the team, with support from partner Punish Arora, principal associate Seema Salwan and associate Anirudh Jaiswal.
Cooley served as international counsel to Lingyi iTech on the IPO. The Cooley team was led by partner-in-charge Michael Yu, partner Will Cai, counsel Kaiting Yang, and associates Dichun Duan and Shangyun Ren, together with international legal project managers Yifeng Wang, Jimmy Zhao and Alan He.
Lingyi iTech pursued a Hong Kong listing to broaden access to international capital markets and strengthen its global investor base, a Dua Associates press release said.
Guotai Junan acted as sole sponsor, sole sponsor-overall co-ordinator, overall and joint global coordinator, joint bookrunner and joint lead manager. CLSA, JP Morgan and Citi acted as overall co-ordinators, joint global co-ordinators, joint bookrunners and joint lead managers, while Futu Securities International and Tiger Brokers acted as joint bookrunners and joint lead managers.
Guangdong-based Lingyi iTech is a leading provider of precision intelligent manufacturing solutions for consumer electronics and a key supplier to Apple. The Chinese mainland company designs and manufactures high-precision structural components, functional modules and intelligent manufacturing solutions used in smartphones, wearable devices, computers and other electronic products.
