FOR IMMEDIATE RELEASE
HONG KONG—November 17, 2025—O’Melveny represented the joint sponsors and underwriters in connection with CNGR Advanced Material Co., Ltd.’s (“CNGR Advanced Material”, 2579.HK) A+H listing on the Main Board of the Hong Kong Stock Exchange. The total offering size was approximately US$450 million (HK$3.5 billion).
CNGR Advanced Material is a new energy materials company engaged in the research and development, production and sales of new energy battery materials, with a focus on cathode active material precursors (pCAM), and new energy metal products. It is a global leader of nickel-based and cobalt-based cathode active material precursors (pCAM) for lithium-ion batteries. CAGR Advanced Material has been listed on the Shenzhen Stock Exchange since 2020.
The Global Offering was led by joint sponsors Morgan Stanley Asia Limited and Huatai Financial Holdings (Hong Kong) Limited. Overall Coordinators included Morgan Stanley Asia Limited, Huatai Financial Holdings (Hong Kong) Limited, China International Capital Corporation Hong Kong Securities Limited, BNP Paribas Securities (Asia) Limited, and ABCI CAPITAL LIMITED. Additional underwriters include other reputable financial institutions as outlined in the prospectus.
The O’Melveny team was led by partners Ke Zhu and Ke Geng. The core team included counsels Vincent Wang, Mengying Li, and Jerry Gao, associate Estella Zhang, China associate Baixi Wu, legal managers Lauren Huang and Karen Sun, legal consultant Zhenfang Ma, and trainee solicitor Priscilla Yeung. Counsel Edward Poon, associate Jingwei Huang, legal consultant Audrey Zhan, legal manager Belinda Zhu, and trainee solicitor Wilson Tang also provided valuable support.
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Contact:
Brandon Jacobsen
O’Melveny & Myers LLP
+1 213 430 8024
bjacobsen@omm.com
Chris Schob
O’Melveny & Myers LLP
+86 21 2307 7000
cschob@omm.com
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