Ashurst Perkins Coie acts as sanctions counsel on Denglin Technology's Hong Kong IPO
Global law firm Ashurst Perkins Coie represented Suzhou Denglin Technology Co., Ltd. (SEHK: 9917) in the successful completion of the listing of its H shares on the Main Board of the Hong Kong Stock Exchange. Ashurst Perkins Coie acted as Denglin Technology's international sanctions, export controls and tariffs legal advisor, providing analysis of the impact of international sanctions, export controls, tariffs and the U.S. Outbound Investment Rule on its business and related products and services.
Denglin Technology is a general-purpose graphics processing unit (GPGPU) provider that develops and sells GPGPU products to meet the AI computing needs of China's diverse industries. Anchored in its proprietary GPU+ (Minsky™) architecture, which integrates GPGPU cores, AI acceleration units and a high-bandwidth on-chip memory subsystem into a single chip through on-chip heterogeneous design, the company focuses on enterprise AI as its core target market, while also expanding into the public cloud market and emerging fields such as robotics.
Drawing on its deep understanding of the technology sector and the geopolitical landscape, Ashurst Perkins Coie continues to support numerous Chinese companies seeking overseas listings, helping them effectively identify and address potential compliance risks. This successful collaboration with Denglin Technology once again demonstrates Ashurst Perkins Coie's capability to deliver sanctions and other legal advice on complex matters across multiple jurisdictions.
The team was led by partner Alexander Dmitrenko, with support from Vicki Tang and Songshen Shen.