Zhong Lun Law Firm has advised China intelligent hardware producer Roborock Technology on its $642 million IPO on STAR Board in Shanghai, with CITIC Securities being the sole underwriter. With the issue price of about $38, Roborock has set up a new record of A shares.
Headquartered in Beijing with branch offices in Shanghai and Shenzhen, Roborock Technology specialises in the research, development, and production of robotic home cleaners and other cleaning appliances.
The Zhong Lun team was led by partners Kejun Guo, Haitao Wei and Qiming Yao.