Congratulations to Beijing 51WORLD Digital Twin Technology Co., Ltd.（6651.HK） on its successful Listing on the Mainboard of HKSE on 30 Dec 2025.
Beijing 51WORLD Digital Twin Technology Co., Ltd. ( “51WORLD” ) is a leading digital twin technology company in China. It has developed core technological competencies in three major areas: 3D graphics, simulation, and AI.
With regard to this listing application, AVISTA Group is honored to be engaged in providing ESG advisory services in support of responding to inquiries from the Hong Kong Stock Exchange.
Congratulations again Beijing 51WORLD Digital Twin Technology Co., Ltd.（6651.HK） on its successful listing. The issue price of the shares is HKD 30.5 per share, and the amount of funds raised is HKD 649.9 million.
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Congratulations to Beijing 51WORLD Digital Twin Technology Co., Ltd.（6651.HK） on its Successful Listing

We are pleased to announce that our Managing Partner, Mr. Vincent Pang and our Director of Risk Management Advisory Services, Ms. Sabrina Lam have once again been invited by the Hong Kong Institute of Certified Public Accountants (HKICPA), for the seventh consecutive year, to serve on the Review Panel for the Best Corporate Governance (CG) and ESG Awards 2025.  AVISTA is honored to sponsor these prestigious awards. The Awards Presentation Luncheon took place successfully at the JW Marriott Hotel Hong Kong on 31st October 2025.
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These awards highlight the critical importance of robust corporate governance and effective environmental, social, and governance (ESG) practices for listed companies and public sector/not-for-profit organizations, along with their investors and stakeholders. They serve as a catalyst for companies and organizations to strive for excellence in CG and ESG, encouraging them to weave these principles into their core values, strategies, and operations.
This year, 39 outstanding awardees were recognized, featuring leading companies in Hong Kong or even around the globe, including CLP Holdings Limited, MTR Corporation Limited, The Airport Authority Hong Kong, Swire Properties Limited, Hang Lung Group Limited, Tencent Holdings Limited, AIA Group Limited, ANTA Sports Products Limited, among others.
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As a leading provider of CG and ESG advisory services, AVISTA is excited to see substantial advancements in corporate CG and ESG reporting standards. We anticipate further improvements from companies in the years ahead. Our dedication to sustainability is unwavering, and we will keep supporting this critical field.

As a Reviewer and a Sponsor of the Best Corporate Governance (CG) and ESG Awards 2025 Organized by Hong Kong Institute of Certified Public Accountants (HKICPA)

Our Managing Partner, Mr. Vincent Pang, and Director, Ms. Sabrina Lam, had the honor of being invited as speakers by the Hong Kong Institute of Certified Public Accountants (HKICPA) to participate in 2nd Cohort of the GBA CPA Talent Class respectively.
Mr. Pang delivered an insightful presentation focusing on the requirements and issues of valuation in relation to M&amp;A transactions, accompanied by tasks upon completion of the transaction such as purchase price allocation and subsequent impairment assessment for the goodwill and intangible assets recognized in the transaction.
Ms. Lam’s presentation focused on the HKEX climate-related disclosure enhancement, including ESG reporting. Ms. Lam also shared valid examples to ensure her insights with fellow professionals were inspirational and enriching, such as navigating the key challenges for listed companies.
Drawing upon our deep expertise in business valuation and extensive industry experience, AVISTA Group is grateful for the opportunity to contribute to the advancement of the accounting profession through collaborations with the HKICPA. We eagerly anticipate future partnerships and opportunities to further enhance industry knowledge and practices.
 
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As a speaker of the HKICPA’s 2nd Cohort of the GBA CPA Talent Class - Driving Excellence in Valuation and Sustainability

Congratulations to Fujian Haixi Pharmaceutical Co., Ltd. (2637.HK) on its successful Listing on the Mainboard of HKSE on 20 Oct 2025
Fujian Haixi Pharmaceutical Co., Ltd. (“Haixi Pharmaceutical”) is a commercial-stage pharmaceutical company that integrates R&amp;D, production and sales capacities, with a pipeline of innovative drug candidates. Haixi Pharmaceutical has a diversified product portfolio and pipeline in the largest and fastest growing therapeutic areas in China. Haixi Pharmaceutical’s commercialized product portfolio primarily consisted of generic drugs for digestive system diseases, cardiovascular system diseases, endocrine system diseases, nervous system diseases and inflammatory diseases.
With regard to this listing application, AVISTA Group is honored to be engaged in providing ESG advisory services, valuation services in relation to the financial asset and investment property.
Congratulations again Fujian Haixi Pharmaceutical Co., Ltd. (2637.HK) on its successful listing. The issue price of the shares is HKD86.4 per share, and the amount of funds raised is 993.6 million HKD.
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Congratulations to Fujian Haixi Pharmaceutical Co., Ltd. (2637.HK) on its Successful Listing

Our Managing Partner, Mr. Vincent Pang, was pleased to be invited as the opening guest for ESG Achievement Awards 2023/2024 Campus Sharing this year. He also had the honor of serving as a moderator of the panel discussion at the campus sharing held on 17 February 2025.
 Co-organized by HKU Business School and organized by Institute of ESG &amp; Benchmark (iESGB), the campus sharing commenced with an opening address by Mr. Pang, expressing his joy regarding the submissions that highlighted the tangible impact and leadership in sustainability. He also conveyed appreciation for how the ESG Achievement Awards contribute to the progress of sustainability and innovation in Hong Kong and beyond.
 Under the theme " Insights into Sustainable Practices and ESG Career Pathways", four awardee such as Henderson Land Development Company Limited, China Overseas Grand Oceans Group LTD., Sun Life Asset Management (HK) Limited and Sino Land Company Limited shated their company’s ESG leadership through holistic reporting, effective operations, and innovative approaches to sustainable development. The leaders also shared how students should competent and aware as they prepare for a career in the ESG field. 
 In today's business landscape, ESG factors are essential for promoting sustainable practices and increasing long-term value creation. AVISTA Group is honored to observe the rapid development of ESG on a global scale and actively engage in it, aiming to witness further advancements in the future.
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As the Opening Guest of the ESG Achievement Awards 2023/2024 Campus Sharing and explore the path to sustainable development

Our Managing Partner, Mr. Vincent Pang, was pleased to be invited by the Career Development and Corporate Engagement Office of The Chinese University of Hong Kong (CUHK) to co-host a seminar – “Landing a Job in HK” on 9 January. Mr Pang presented a session with the topic of “Charting Your Path to Success: Starting a Career in Business Valuation and ESG Advisory” and shard insights into the valuation and ESG advisory industry to the classroom.
Leveraging our industry experience and expertise, Mr Pang introduced the prospect and offered comprehensive in-house knowledge with advice to the students to prepare themselves as an all-around corporate advisor. In addition, Vincent also shared his journey of being founder of AVISTA Group, tips of becoming a professional business valuation analyst, ESG consultant in AVISTA, our career opportunities and support to these future leaders.
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 As the Speaker of CUHK Business School Seminar – “Charting Your Path to Success: Starting a Career in Business Valuation and ESG Advisory”

Congratulations to ContiOcean Environment Tech Group Co., Ltd. (2613.HK) on its successful Listing on the Mainboard of HKSE on 9 January 2025
ContiOcean Environment Tech Group Co., Ltd (“ContiOcean”) is a PRC-based maritime environmental protection equipment and system provider serving customers from different regions, with an aim to help customers in reducing sulfur and GHG emissions and in upgrading the life quality for their ship crew members, by offering interior design and supplying equipment and systems that improve the onboard living conditions and enhance maritime operations. According to Frost &amp; Sullivan, ContiOcean ranked third among ship exhaust gas cleaning system providers based in China and fourth among all ship exhaust gas cleaning system providers in the world in terms of the volume of total number of completed orders during 2023 and the cumulative on-hand orders as of December 31, 2023 for ship exhaust gas cleaning systems.
 
With regard to this listing application, AVISTA Group is honored to be engaged in providing ESG advisory services.
Congratulations again to ContiOcean Environment Tech Group Co., Ltd. (2613.HK) on its successful listing. The issue price is HKD 31.8 per share, and the amount of funds raised is HKD 318 million.
 
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