The company's stock gained 2.92 percent during trading on the New York Stock Exchange, following a strong fiscal third-quarter earnings report released on Tuesday.
The company noted it would use the IPO proceeds primarily for expanding branch network, upgrading IT infrastructure, as well as seeking more capital through launching additional funds, and making fund investments and acquisitions.
The company plans to set up a research and development hub in Singapore soon, its first such facility outside of China.
The company is expected to open about 95 percent of its China stores by the end of the second quarter, according to a note from Kevin Johnson, president and CEO, to shareholders on Thursday.
The company was discovered to have classified the four regions as countries in a mail survey to its Chinese members on Jan 9, and "liked" the post of a separatist group on Twitter, which "congratulated" the listing the following day.
The company resumed production on Feb 10, when 80 percent of its employees returned to their workplaces. A week later, all its 290 employees came back to work.
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The company signed up former Manchester United and Real Madrid star David Beckham as a global brand ambassador in 2017. Beckham has since appeared at AIA events in Beijing, Hong Kong, South Korea, Singapore, and Malaysia.
The company is also vowing to help its partners become more efficient and sustainable, and in China, such efforts have paid off, with factories reducing waste by 12 percent from the 2016 to 2018 fiscal year. From the 2015 to 2018 fiscal year, its strategic footwear suppliers in China reduced energy consumption used per pair of shoes by 19 percent.
The company was already a few steps ahead of him at the time, having invested in the Eastern Hemisphere's international metropolis a good 13 years earlier, placing its bet on Asia's financial hub as a long-term springboard for expansion across the continent.
The company now has about 40,000 members and 2,000 companies working in its spaces in 20 cities around the world, according to UR Work founder Mao Daqing.