Manufacturing case study
ZTC gets ready for AIM

ZTC Telecommunications designs and manufactures mobile telephone handsets in China. The company decided on an AIM flotation and appointed BDO Stoy Hayward as its reporting accountant.

“We’ve got strong credentials in cross-border AIM deals – this year alone we’ve advised on 17 international IPOs, we’ve got extensive manufacturing experience and we have offces in China – so in many ways we were the obvious choice,” commented Corporate Finance Assistant Director, David Wright. “It has turned out to be an excellent fit. We’ve managed to do far more for them than formal reporting: implementing improvements to the control and reporting systems of the business during the course of the transaction.”

“Bringing an emerging Chinese mobile handset company to the AIM market presented many unique challenges and we relied on good advisers,” said ZTC Finance Director Mark Syropoulo. “BDO Stoy Hayward’s Corporate Finance team played a critical role in our timely admission process. In particular, their on-the-ground support in China was excellent.”