Congratulations to Qiniu Limited (2567.HK) on its successful Listing on the Mainboard of HKSE on 16 October 2024

Congratulations to Qiniu Limited (2567.HK) on its successful Listing on the Mainboard of HKSE on 16 October 2024

Qiniu Limited (“Qiniu”) provide audiovisual cloud service as the third largest audiovisual PaaS provider in China. Qiniu’s MPaaS platform has a primary focus on providing cloud services in connection with audiovisual content (primarily consisting of images, audio and video contents), encompassing object storage, content distribution, data processing and real-time interactive live streaming and covering the full cycle of audiovisual data collection, storage, processing, distribution and consumption.

With regard to this listing application, AVISTA Group is honored to be engaged in providing valuation services in relation to M&A, financing transactions and equity incentives.

Congratulations again to Qiniu Limited (2567.HK) on its successful listing. The issue price is HKD 2.75 per share, and the amount of funds raised is HKD 439.3 million.

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