AVISTA wishes you a happy Chinese New Year! May the Year of the Rat bring you good health and good fortune!
 
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Chinese New Year Greetings from AVISTA Group

Zhejiang Lingpao Technology Co., Ltd. has been successfully listed on the Mainboard of HKSE on 29 September 2022. AVISTA Group is honored to be engaged in providing Equity Value, Financial Instrument, Employee Stock Ownership Plan and Asset Impairment test related valuation service.
 
Zhejiang Lingpao Technology Co., Ltd. is an innovative intelligent electric vehicle enterprise. The business scope of the company covers intelligent electric vehicle design, R&amp;D and manufacturing, intelligent driving, motor electronic control, battery system development and cloud-based vehicle networking solutions.
 
The company has full-suite of R&amp;D capabilities, diverse portfolio of smart EVs, proven ability to rapidly expand vehicle portfolio, advanced autonomous driving and smart cockpit technologies, and visionary management team with proven ability to execute. Being the most vertically integrated pure-play EV maker in China, their full-suite of R&amp;D capabilities and in-house production of all core systems and electronic components allow them to simplify and streamline their supply chain with lower procurement and production costs. The above strengths are the company’s competitive edge contributing to their success.
 
Congratulations again to Zhejiang Lingpao Technology Co., Ltd. (9863.HK) on its successful listing. The issue price of the shares is between HKD 48 per share, and the maximum amount of funds raised is HKD 6.06 billion.
 
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Congratulations to Zhejiang Lingpao Technology Co., Ltd. (9863.HK) on its Successful Listing

As a partner of Cyberport Professional services Network (CPN), AVISTA was pleased to be invited by Hong Kong Cyberport once again to host a training session on the topic of “ESGTech-exclusive Capitalize on Emerging ESG Trends to Capture Market and Funding Opportunities” followed by a start-up workshop, providing one-on-one business consultation for start-ups on 27 September 2022.
 
CPN is a platform striving to accelerate the growth of start-ups and support their strategic value generation by connecting the right service providers and the suitable community companies.
 
Eight start-ups from the Cyberport community received personalized consultations from our Managing Partner, Mr. Vincent Pang, our Principal of Risk Management Advisory, Ms. Sabrina Lam and our Senior Manager of Business Valuation Advisory, Mr. Leo Lee, at the event. By leveraging their business acumen, thorough analysis and customized suggestions on the business ESG plan and valuation strategy were provided to these startup companies.
 
AVISTA believes that sharing our knowledge and expertise through reinforced partnership could springboard more start-up success, shaping our society into a more sustainable world.
 
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As the Speaker and Host of Cyberport Professional services Network (CPN) Training and Business Consultation Workshop

Time flies and it comes to the end of the Mentorship Programme 2021/2022 collaborated with The University of Hong Kong (HKU) Business School. Our Managing Partner, Mr. Vincent Pang, was pleased to be invited as a mentor in this programme. As a seasoned professional in business advisory services industry, Vincent is eager to share his knowledge and real-world experience with his mentee, Lon Cheng, a bright and proactive student majoring in economics and finance, who demonstrates genuine interest and potential in the field of study with profound insight.  “Vincent is a caring mentor and shared a lot of experiences, either in work or life, with me.”  May the new adventure in his career bring him much happiness and fulfilment and all the success bestow upon him!   AVISTA hopes to unleash the infinite potential of young talents and always believes nurturing our future generation will lead to a more sustainable world.
 
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