news
A man works at the site of a rare earth metals mine at Nancheng county, Jiangxi province, China REUTERS/Stringer

Herbert Smith Freehills and China Commercial Law Firm have advised Chinese rare-earth permanent magnet producer JL Mag Rare-Earth on its $520 million secondary listing in Hong Kong, with Allen & Overy and Jingtian & Gongcheng advising the joint sponsors.

Established in 2008, JL Mag is headquartered in Ganzhou, Jiangxi Province. It specializes in the development, manufacturing and selling of high-functioning NdFeB permanent magnet materials. In 2018, the company undertook an initial public offering in Shenzhen.

The HSF team was led by partners Isaac Chen and Wang Zhong, while the China Commercial Law Firm team was led by partners Ni Xiaoyan and Pan Jing. CITIC Securities and BNP Paribas acted as joint sponsors.

Related Articles

Appointments

HSF continues private capital growth in HK with hire of ex-W&C partner

by Nimitt Dixit |

Global law firm Herbert Smith Freehills has continued the expansion of its Asian private capital practice with the addition of former White & Case partner Anthony Vassey in Hong Kong. 

Appointments

HSF grows energy practice with W&C hire in Singapore

by Nimitt Dixit |

Global law firm Herbert Smith Freehills has expanded its energy capabilities in Singapore with the addition of former White & Case counsel Ee Lynn Tan as a partner.

Appointments

HSF names returnee as Tokyo construction disputes head

by Asian Legal Business《亚洲法律杂志》 |

Global law firm Herbert Smith Freehills has welcomed back Ben Jolley as its head of construction disputes in Tokyo from an in-house role at Mitsubishi Heavy Industries (MHI).