Press Release

Kirkland Represents Datang Environment Industry Group Co. on Initial Public Offering

Kirkland & Ellis represented Datang Environment Industry Group Co., Ltd., the sole platform for the development of environmental protection and energy conservation business under China Datang Corporation, one of the five major wholly state-owned power generation groups in the PRC, on its US$263 million initial public offering (IPO) on the Hong Kong Stock Exchange, before the exercise of the overallotment option. CITIC CLSA is the sole sponsor and a bookrunner on the IPO, with Deutsche Bank, China Merchants Securities, HSBC, ABCI and BNP as the other joint bookrunners.

The Kirkland team was led by Hong Kong corporate partners Dominic Tsun, David Zhang, Li-Chien Wong, Benjamin Su and Shawn Tai.