Home Control International Limited (“Home Control”) was listed on the Main Board of the Hong Kong Stock Exchange on 14 November, 2019 (stock code: 1747). Home Control offers a total of 125,000,000 shares in its global offering, the offer price being HK$1.02 per share and the total size of the offering being HK$127,500,000 (before the exercise of the over-allotment option).

Home Control is controlled by the private equity arm of Morgan Stanley, a leading global investment bank. Home Control is a globally leading home control solution provider headquartered in Singapore, with worldwide presence in North America, Europe, Asia and Latin America. Home Control has more than 25 years of experience in the home control solutions industry. The solutions it provides encompass all key stages for developing and manufacturing remote controls, which include conceptualization, joint product development, commercialization and optimization of products, software and hardware integrations, supply chain management, production management and after-sales services. Home Control was the world’s second largest supplier of home control solutions in 2018, accounting for 9.6% of the global market of home control solutions.

Lu & Partners in association with Haiwen & Partners and Haiwen Shanghai office, as the legal counsels of the issuer, cooperated in this project and provided professional legal advice and effective solutions to Home Control in respect of laws of Hong Kong and laws of Mainland China. 

The Hong Kong team is led by partner Philip Chan, and the team members include Chantelle Chan (associate), Zhang Xiaolan (trainee solicitor) and Zhang Jianan (legal manager). Partner Hu Ji led the Shanghai team, and the team members include associates Gu Yuqing, Xu Shiwei and Li Min. Wu Zuolong,international partner of Haiwen & Partners, was previously involved in Morgan Stanley’s investment in Home Control.