Shouhui Group Limited Goes Public
On May 30, 2025, Shouhui Group Limited (Stock Code: 02621.HK), a leading digital life insurance service platform in China, was officially listed on the Main Board of the Hong Kong Stock Exchange. The offering was priced at HK$8.08 per share, with a total issuance of 24.36 million shares (400 shares per board lot), raising net proceeds of approximately HK$134 million.
As a long-term strategic partner, Encor provided efficient and precise compliance support throughout the listing process, drawing on its deep expertise in Overseas Direct Investment (ODI) and extensive experience in cross-border capital operations. Encor’s efforts were widely recognized by all parties involved and played a key role in the successful completion of the listing.
We extend our warmest congratulations to Shouhui Group Limited!
*Note: Overseas Direct Investment (ODI) refers to investment activities conducted by Chinese domestic enterprises (“investors”) who, directly or through offshore entities under their control, obtain ownership, control, or management rights abroad through capital contribution, equity acquisition, financing, guarantees, and other methods. Such investments require regulatory filing in China.
Encor’s Expertise at Work
Leveraging its global resource network and deep understanding of local regulatory frameworks, Encor developed a comprehensive “full-cycle empowerment system” to support Shouhui Group Limited’s path to capitalization:
- Foundation Phase:
Since 2023, Encor has stood by Shouhui Group Limited as a committed partner. In the first round of ODI filings, Encor demonstrated its outstanding ability to coordinate domestic resources by engaging six domestic investment institutions. Through a systematic approach to filing strategy and execution, Encor successfully completed the entire process, laying a solid foundation for the Group’s international capital deployment.
- Execution Phase:
As the IPO countdown progressed, Encor assembled a dedicated team to tackle the ODI filings for cornerstone investors. In light of HKEX’s listing timetable, Encor customized filing solutions for Haitai Hong Kong (a subsidiary of Tianjin Haitai Group) and Taoyue (a subsidiary of Shenzhen Luchi Nanjing). The team anticipated regulatory challenges, proactively engaged with authorities to mitigate risks, and navigated difficulties such as large-scale investment approvals and tight deadlines. Ultimately, Encor ensured the compliant outbound transfer of cornerstone investment funds, contributing to the successful public offering.
At Encor, we are committed to maximizing client value. With our service philosophy of “Global Vision, Local Expertise,” we will continue to empower businesses with cross-border financial capabilities, helping them achieve their ambitions on the international stage.
