Xiaoning (Lizzy) Zhang

Lizzy’s recent experience includes advising:

• The underwriters on the HK$5.18 billion IPO of RoboTechnik Intelligent Technology, a global provider of manufacturing equipment and systems for photovoltaic industry and silicon photonics industry, on HKEX
• The underwriters on the HK$2.4 billion secondary listing of Hong Kong Depositary Receipts by PT Merdeka Gold Resources Tbk on HKEX. This is the first dual-listing transaction in Hong Kong by a company listed on Indonesia Stock Exchange
• The underwriters on the HK$1.53 billion IPO of Crealights Technology, an optical interconnection products provider, on HKEX
• The underwriters on the HK$1.38 billion IPO of Shenzhen Creality 3D Technology, a global consumer 3D printing product and service provider, on HKEX
• The underwriters on the HK$1.4 billion Ch.18C IPO of CiDi, a provider of intelligent driving products for commercial vehicles in China, on HKEX
• The joint sponsors and underwriters on the HK$1.85 billion IPO of Caocao, a leading ride-hailing platform in China, on HKEX. This transaction was recognized as Remarkable by the LegalOne 2025 Deals of the Year – China
• The joint sponsors and underwriters on the HK$1.4 billion IPO of Drinda, a leading specialized manufacturer of photovoltaic cells, on HKEX
• The underwriters on the IPO of Yuanbao, a leader in the insurtech industry, on NASDAQ. This transaction recognized as Remarkable by the LegalOne 2025 Deals of the Year – China
• The initial purchasers on the offering of US$960 million in aggregate principal amount of 0.50% convertible senior notes due 2030 by Qifu Technology
• The underwriters on the US$97.5 million IPO on Nasdaq Global Market for Adlai Nortye, a clinical-stage biotechnology company focused on the development of innovative cancer therapies
• The underwriters on the US$140 million IPO of American depositary shares on NASDAQ for Adagene Inc., a clinical-stage biopharmaceutical company in China
• Kuaishou Technology, a leading content community and social platform globally, on its US$5.4 billion IPO and listing on HKEX
• The underwriters on the US$620 million IPO of American Depositary Shares on New York Stock Exchange for Yatsen Holding Limited, the parent company of Chinese cosmetics brand Perfect Diary
• The underwriters on the US$33 million IPO of American depository shares on NASDAQ of Quhuo Limited, the largest workforce operational solution platform in China
• The underwriters on the US$40 million IPO of American depositary shares on NASDAQ of EHang Holdings Limited, a world’s leading autonomous aerial vehicle technology platform company