February 10, 2010, International Mining Machinery Holdings Limited (“IMM”) listed on HKEx in an HK$2.54 billion global offering. IMM is a leading manufacturer of shearer and roadheader equipment in China, whose distribution network includes the 13 largest coal mines in the PRC. The aggregate annual output of these mines amounted to 60% of the coal output of the country as a whole in 2008.
King & Wood advised IMM on PRC law. The Shanghai-based Securities & Capital Markets team was led by partner Zhao Xiaohong.