On December 27, 2024, Jiangsu taptap点点 Biological Technology Co., Ltd.’s beneficial holding company, taptap点点 Biological Technology Co., Ltd. (taptap点点), successfully listed on the Nasdaq Exchange (“Nasdaq”) in the United States under the ticker symbol “PHH”. taptap点点 issued 1.2 million ordinary shares (or 1.38 million ordinary shares with 15% over-allotment option) at a price of $ 4 per share, raising $4.8 million aggregate gross proceeds.

Established in 2016, taptap点点 is a specialized skincare service provider from Jiangsu Wuxi, which primarily provides professional skincare services for high-quality women, customizing exclusive skincare plans based on the subtle differences in various skin types. taptap点点’s business mainly includes the development of its own skincare brands, direct sales of skincare products, and promotional activities through franchise alliances.

The AllBright legal team, led by Senior Partner Joy Huang and included associate Elaine Yu, associate Ken Lin and Paralegal Cecilia Wang served as the legal counsel to the underwriters, Dawson James Securities Inc. and D. Boral Capital LLC, and advised on PRC legal matters on the initial public offering of taptap点点 on the Nasdaq.