Patty Zhu
Kirkland & Ellis International LLP
Overview
Patty Zhu is an associate in the Corporate Team in the Shanghai office of Kirkland & Ellis International LLP. Her practice focuses on capital markets transactions, including Hong Kong initial public offerings, mergers and acquisitions, post-listing compliance, securities regulation and other general corporate matters.
Experience
Representative Matters
Since joining Kirkland & Ellis, Patty has been involved in the following representative matters:
- Represented iMotion Automotive Technology (Suzhou) Co., Ltd. (“iMotion”) (HKSE: 1274) on the initial public offering of H shares and listed on the Main Board of the Hong Kong Stock Exchange. As the first company specializing in autonomous driving listed on the Hong Kong Stock Exchange, iMotion is an autonomous driving solution provider with a focus on AD domain controllers
- Represented ZX Inc. (HKSE: 9890), a leading online game products publisher in China, on its global offering and listing on the Hong Kong Exchanges and Clearing Limited on September 28, 2023
- Represented NIO Inc. (NYSE: NIO; HKEx: 9866; SGX: NIO) in its offering of $500 million in aggregate principal amount of convertible senior notes due 2029 (2029 Notes) and $500 million in aggregate principal amount of convertible senior notes due 2030 (2030 Notes), as well as on a variety of legal issues relating to its compliance with the Listing Rules in Hong Kong
- Represented Citigroup Global Markets Asia Limited and China International Capital Corporation Hong Kong Securities Limited, the joint sponsors of 360 DigiTech, Inc. (currently known as Qifu Technology, Inc.) (HKSE: 3660; NASDAQ: QFIN), a leading credit-tech platform in China, on the global offering and secondary listing on the Main Board of The Stock Exchange of Hong Kong Limited
- Represented Noah Holdings Limited (HKSE: 6686; NYSE: NOAH), a leading and pioneer wealth management service provider in China, on its secondary listing on the Hong Kong Stock Exchange and subsequent conversion to dual primary listing on the Hong Kong Stock Exchange and New York Stock Exchange, as well as on a variety of legal issues relating to its compliance with the Listing Rules in Hong Kong
- Represented Bain Capital Private Equity in its significant equity investment in EcoCeres, Inc., an Asia-based innovative biorefinery company with leading R&D capabilities, on a variety of legal issues relating to compliance with the Listing Rules in Hong Kong. EcoCeres is incubated by The Hong Kong and China Gas Company Limited (HKSE: 3), a main energy supplier in Hong Kong, which remains as a strategic shareholder in EcoCeres following the transaction
- Represented Ocumension Therapeutics (HKSE: 1477), a China-based ophthalmic pharmaceutical platform company dedicated to identifying, developing and commercializing first- or best-in-class ophthalmic therapies, on a variety of legal issues relating to its compliance with the Listing Rules in Hong Kong
Prior to joining Kirkland & Ellis, Patty was involved in the following representative matters:
Hong Kong Capital Markets
- Represented South China Vocational Education Group Company Limited (HKSE: 6913), one of the largest private formal vocational education service providers in the Greater Bay Area in China, in its approximately HK$457.1 million global offering and listing on the Main Board of The Stock Exchange of Hong Kong
- Represented China General Education Group Limited (HKSE: 2175), a leading provider of private higher education in Shanxi Province, China, in its approximately HK$408.6 million global offering and listing on the Main Board of The Stock Exchange of Hong Kong
- Represented Scholar Education Group (HKSE: 1769), a leading private education service provider in South China, in its approximately HK$384.1 million global offering and listing on the Main Board of The Stock Exchange of Hong Kong
- Represented Pacific Millennium Packaging Group Corporation (HKSE: 1820), a corrugated packaging supplier in China, in its approximately HK$262.8 million global offering and listing on the Main Board of The Stock Exchange of Hong Kong
- Represented Zengame Technology Holding Limited (HKSE: 2660), a mobile game developer and operator in China with a special focus on card and board and other casual mobile games, in its HK$180.5 million global offering and listing on the Main Board of The Stock Exchange of Hong Kong
- Represented Hygieia Group Limited (HKSE: 1650), a general cleaning service provider in the environmental services industry headquartered in Singapore with operations in both Singapore and Thailand, in its approximately HK$69.2 million share offer and listing on the Main Board of The Stock Exchange of Hong Kong
- Represented China Hengshi Foundation Company Limited, a global manufacturer and supplier of fiberglass fabrics used in wind turbine blades formerly listed on the Main Board of The Stock Exchange of Hong Kong with the stock code of 1197, in its privatization by way of a scheme of arrangement and delisting from the Main Board of The Stock Exchange of Hong Kong
Merger & Acquisitions and Private Equity
- Represented Shenzhen Shenbao Industrial Co., Ltd., a company formerly listed on the Shenzhen Stock Exchange in China, in its purchase of assets of Shenzhen Cereals Group Co., Ltd. (currently known as Shenzhen Cereals Holding Co., Ltd. (000019.SZ)) by way of issuing shares for an aggregate consideration of RMB6 billion. The transaction constitutes major assets restructuring
- Represented Walgreens Boots Alliance, Inc. (NASDAQ: WBA), one of the largest retail pharmacies across the U.S. and Europe serving globally, on its acquisition of 40% stake in Sinopharm Holding GuoDa Pharmacy Co., Ltd., a China-based pharmacy chain operator and a wholly-owned subsidiary of China National Accord Medicines Corporation Ltd. (000028.SZ), for an aggregate consideration of US$416 million
- Represented Haier Electronics Group Co., Ltd., a company formerly listed on the Main Board of The Stock Exchange of Hong Kong with the stock code of 1169, and its subsidiary Gooday (Shanghai) Investment Co., Ltd. in equity capital raising of Qingdao Gooday Intelligent Internet of Things Co., Ltd., a logistics company providing household appliance delivery services in China, with Alibaba Group and other investors
- Represented Beijing Xiaoju Technology Co., Ltd. in its acquisition of and equity capital raising in one of the biggest taxi companies in Guangzhou, Guangdong Province, China
- Represented Sequoia Capital (currently known as HongShan Capital) in its Series B investment in 58 Daojia (currently known as Swan Home), the spin-off business segment of house-cleaning and home care services of 58.com, Inc., a company formerly listed on the New York Stock Exchange with the ticker symbol of WUBA
- Represented KIRKBI INVEST A/S in its Series B-3 investment in HuaLaLa Children’s Art through a holding company of Guangzhou Liuyi Education Technology Co., Ltd., a company engaging in the business of online art education and training for children aged 5-12 and related offline business in China
Compliance and Other General Corporate Matters
- Advised Billion Industrial Holdings Limited (HKSE: 2299), one of the largest developers and manufacturers of polyester filament yarns in China, on a variety of legal issues relating to its compliance with the Listing Rules in Hong Kong
- Advised Hengtou Securities (HKSE: 1476), a full-service securities firm established in Inner Mongolia with strategic presence in major cities in economically developed areas in China, on a variety of legal issues relating to its compliance with the Listing Rules in Hong Kong
- Advised two subsidiaries of Obagi Medical, a US-based specialty pharmaceutical company that develops, markets and sells aesthetic and therapeutic skin care products, on a variety of legal issues relating to its regular business activities in China
- Advised a subsidiary of Gibson Brands, Inc. a US-based manufacturer of guitars, other musical instruments, and professional audio equipment, on a variety of legal issues relating to its regular business activities in China
Prior Experience
Registered Foreign Lawyer, Morgan, Lewis & Bockius, 2018–2021
Associate, King & Wood Mallesons, 2016–2018
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Credentials
Admissions & Qualifications
- 2016, New York
- 2012, People’s Republic of China (non-practicing)
Languages
- English
- Mandarin
Education
- Vanderbilt Law SchoolLL.M.2015Dean’s List
- Wuhan UniversityLL.M.2014
- Wuhan UniversityB.Ec., International Economics & Trade2010
- Zhongnan University of Economics and LawLL.B.2010