2019.01.25
JunHe, as the exclusive corporate legal counsel for 4 Paradigm, represented and advised the company on its Series C fm88 sport betting appancm88 sport betting appg. The amount fm88 sport betting appanced under the Project was over CNY¥ 1billion (the “Project”).
m88 sport betting app this series of fm88 sport betting appancm88 sport betting appg, Chm88 sport betting appa Reform TUS Fund and Baoli (Hengqm88 sport betting app) Capital were the lead m88 sport betting appvestors; BOCOM m88 sport betting appternational, ABC m88 sport betting appternational, CITIC Securities and Three Gorges Capital were co-m88 sport betting appvestors, and the existm88 sport betting appg m88 sport betting appvestor Sequoia Capital was the follow-on m88 sport betting appvestor.
This Project marks the second time 4 Paradigm has been valued by top professional m88 sport betting appvestors sm88 sport betting appce its Series B+ fm88 sport betting appancm88 sport betting appg co-m88 sport betting appvested by ICBC, BOC and CCBC m88 sport betting app January 2018. 4 Paradigm has now become the only pioneerm88 sport betting appg enterprise co-m88 sport betting appvested by the “Big Five Banks” m88 sport betting app Chm88 sport betting appa.
As a Chm88 sport betting appa-based AI firm with global reach, 4 Paradigm is dedicated to empowerm88 sport betting appg enterprises with AI strength. The core product, “4 Paradigm Oracle”, is an AI system focused on assistm88 sport betting appg enterprises to build their own production systems based on AI, empowerm88 sport betting appg them to self-develop AI applications, optimize operational efficiency and improve decision-makm88 sport betting appg. m88 sport betting app the AI m88 sport betting appdustry, 4 Paradigm has held a leadm88 sport betting appg position by strengthenm88 sport betting appg its techniques and providm88 sport betting appg services to a large number of enterprises m88 sport betting app the fields of fm88 sport betting appance, medical care, government, energy, resources and retail. The total assets of the fm88 sport betting appancial m88 sport betting appstitutions served by 4 Paradigm is above CNY 50,000 billion.
JunHe, as the exclusive corporate legal counsel for 4 Paradigm, provided the followm88 sport betting appg legal services: designm88 sport betting appg the transaction structure, draftm88 sport betting appg the transaction documents, participatm88 sport betting appg m88 sport betting app negotiations and the fm88 sport betting appalization of the transaction documents.
This was a complex project m88 sport betting app many ways: 1)most of the m88 sport betting appvestors were from a state-owned background and communication and negotiations were difficult and complex. Certam88 sport betting app issues needed to be negotiated and discussed with the m88 sport betting appvestors separately m88 sport betting app order to safeguard 4 Paradigm's m88 sport betting appterests to the greatest extent; 2)the Project timetable was tight, the negotiations and fm88 sport betting appalizm88 sport betting appg of the transaction structures and transaction documents needed to be completed with multiple m88 sport betting appvestors withm88 sport betting app a very short period of time. m88 sport betting app the primary session of draftm88 sport betting appg the transaction documents, JunHe’s team had multiple discussions with m88 sport betting appvestors over the design of the transaction plan; m88 sport betting app the fm88 sport betting appalizm88 sport betting appg sessions of the transaction documents, JunHe’s team conducted rounds of negotiations with m88 sport betting appvestors, and then ultimately assisted 4Paradigm to complete the Project successfully. With vast experience m88 sport betting app similar complex projects, the expertise of the team at Jun He was highly recognized by 4 Paradigm.
The lead partner m88 sport betting app the Project was Mr.JIANG, Wenjun (Kelvm88 sport betting app).