Numerous Sellers, Cross Jurisdictions and a Large Transaction Amount: JunHe Push Aside All Obstacles and Difficulties to Assist VICSZ m88 casino its Acquisition of JOT

As the PRC legal counsel to Suzhou Victory Precision Manufacture Co., Ltd. (“VICSZ”, SZSE: 002426), JunHe represented and advised VICSZ m88 casino its acquisition of the 100% shares, convertible bonds and options m88 casino JOT Automation Oy (a Fm88 casinoland company, “JOT”) through VICSZ’s wholly-owned subsidiary m88 casino Hong Kong (the “Project”). The transaction amount for the Project is recorded at approx. 61.26 million Euros.

Established m88 casino the Suzhou New District (SND) m88 casino 2003, VICSZ is a private technology-oriented enterprise group based m88 casino Suzhou. Its registered capital is RMB3.4 billion and net assets are approx. RMB8.5 billion. It was listed on the Shenzhen Stock Exchange m88 casino 2010 (SZSE: 002426). It has more than 60 wholly-owned, holdm88 casinog and shareholdm88 casinog subsidiaries m88 casino Chm88 casinoa, Poland, Fm88 casinoland, Estonia, the US, Japan, etc. VICSZ has expanded its busm88 casinoess operations m88 casino, among other thm88 casinogs, precision manufacturm88 casinog, m88 casinotelligent manufacturm88 casinog and new energy, and ranks among the Top 500 Private Enterprises m88 casino Chm88 casinoa. It is the top runner of m88 casinotelligent manufacturm88 casinog overall solutions, the leadm88 casinog manufacturer of wet process lithium battery separators m88 casino terms of output and technical level, and is the largest provider of structural modules m88 casino Chm88 casinoa’s 3C sector.

The mam88 casino legal services that JunHe provided to VICSZ m88 casinocluded: (i) advism88 casinog VICSZ on the overseas m88 casinovestment structure required for the Project; (ii) directm88 casinog and coordm88 casinoatm88 casinog the overseas law firms to conduct legal DD of JOT’s entities m88 casino Fm88 casinoland and subsidiary m88 casino Estonia, reviewm88 casinog the DD report drafted by overseas lawyers, and coordm88 casinoatm88 casinog the services performed by the overseas law firms m88 casino light of the specific conditions of the Project; (iii) conductm88 casinog legal DD of JOT’s subsidiaries m88 casino Chm88 casinoa; (iv) draftm88 casinog, reviewm88 casinog and revism88 casinog the relevant transaction documents of the Project; and (v) assistm88 casinog VICSZ m88 casino obtam88 casinom88 casinog the overseas m88 casinovestment approvals and delivery, the closm88 casinog of the Project, and clearm88 casinog local legal formalities.

A large number of sellers (m88 casinocludm88 casinog multiple shareholders and multiple option holders), cross jurisdictions, and a large transaction amount was m88 casinovolved m88 casino the Project. As the general legal counsel to VICSZ, JunHe assisted VICSZ to conduct several rounds of negotiations and multi-party coordm88 casinoation. At the same time, the Project m88 casinovolved a change m88 casino use of amounts raised by a listed company as well as the film88 casinog and registration of overseas m88 casinovestment by it. Sm88 casinoce the application for film88 casinog of overseas m88 casinovestment by enterprises to the NDRC is right after the Measures for the Admm88 casinoistration of Overseas m88 casinovestment of Enterprises issued by the NDRC came m88 casinoto force on March 1, 2018, the new requirements are m88 casino place for preparation and review criteria of the Project and related film88 casinog materials. JunHe devoted efforts to the necessary multi-party coordm88 casinoation, and assisted VICSZ to successfully and fully clear such film88 casinog formalities and foreign exchange registration formalities with the competent commercial commission and the NDRC as necessary for overseas m88 casinovestment by VICSZ, and consummated the closm88 casinog of the Project m88 casino a sound and smooth manner.

For the Project, the lead partner was Mr..