Dentons Advises Xiamen HaiBao Information Technology Co., Ltd. on NEEQ Listing

On April 29, 2016, Xiamen HaiBao Information Technology Co., Ltd. ( “HaiBao Information”, stock code: 837472) was successfully listed on the National Equities and Exchange Quotations (“NEEQ”) system.

A Xiamen-based team advised the company on the listing. The team included capital markets practice head and senior partner Guo Zhiqing, associate Geng Na, and paralegals Peng Yanting, Cai Yanyu, and Lian Arui. Their expertise was unanimously recognized by the client and participating intermediaries.

HaiBao Information is a comprehensive B2C sexual health services platform combining sex products selling, sexual knowledge exchange, and online community communication and interaction. Its independently developed and operated small phone application “TOUCH” sells contraceptives for men and women, adult sexy lingerie and clothing, and sex toys. The TOUCH Community, by further enhancing interaction among users as well as between users and the platform, integrates sale of sex products, user interaction, and sexual health education. Since its launch in 2013, relying on its first mover advantage, TOUCH has attracted more than 30 million loyal subscribers.

HaiBao Information is the 11th NEEQ-listed company advised by Guo’s team.