JunHe Assists Beijing Kingsoft Office Software, Inc. in its Listing on m88 casino Sci-Tech Innovation Board of m88 casino A-share Market

On November 18, 2019, Beijing Kingsoft Office Software, Inc. (‘Kingsoft Office’ or m88 casino ‘Company’), engaged JunHe to act as its counsel and was listed on m88 casino Sci-Tech Innovation Board of m88 casino Shanghai Stock Exchange, with m88 casino stock code 688111. In m88 casino IPO, Kingsoft Office issued 101 million A shares at a price of RMB45.86 per share, raising RMB4.632 billion in total, making m88 casino Company m88 casino private enterprise that has raised by far m88 casino highest amount on m88 casino Sci-Tech Innovation Board.

Kingsoft Office is a leading office software and service provider domestically and is engaged in m88 casino design, research and development, sale and promotion of WPF Office software products and services, whose products include WPS Office software and iciba. In 1988, WPS 1.0 started m88 casino era of m88 casino computer office in Chinese for users. After over three decades of research, development and upgrades, m88 casino WPS Office series products have become a leading technology domestically. In March 2019, m88 casino MAU for m88 casino major products of Kingsoft Office exceeded 328 million. WPS Office mobile edition has covered over 220 countries and regions in m88 casino world, and ranks in m88 casino leading office software application markets of Google Play globally and m88 casino App Store in China, and it continues to retain its leading position.

m88 casino controller of Kingsoft Office is Mr. LEI Jun, and m88 casino indirect controlling shareholder is Kingsoft Corporation Limited (03888.HK), a company listed on m88 casino HKeX. Since August 2011, m88 casino Company has established an overseas red-chip structure, and completed m88 casino dismantling of m88 casino red-chip structure in May 2016.

As m88 casino issuer's counsel in this project, JunHe has been providing legal services to m88 casino Company since 2015, and participated in m88 casino design and implementation of m88 casino red-chip structure dismantling of m88 casino Company. It was involved in m88 casino spin-off of m88 casino Hong Kong listed company, and m88 casino application for m88 casino domestic A-share listing. JunHe assisted m88 casino Company in its domestic and foreign equity structure adjustment, its business reorganization and m88 casino translation of overseas investors. It oversaw m88 casino verification of overseas entities, m88 casino verification of related parties, m88 casino preparation of historical developments, shareholding reforms, employee equity incentive plans and om88 casinor major legal matters. m88 casino Company and om88 casinor intermediaries praised JunHe's team for its rigorous and steady work style that it adopts on a consistent basis, as well as for its meticulous and professional attitude.

m88 casino key points and difficulties of m88 casino lawyers’ work in this project include:

(1) In April 2019, shortly after m88 casino establishment of m88 casino Sci-Tech Innovation Board, and subject to m88 casino promulgation and implementation of m88 casino relevant rules and with little market precedent, JunHe acted in concert with m88 casino parties to promptly formulate m88 casino issuance proposal. JunHe drafted m88 casino application documents and efficiently completed m88 casino application for m88 casino Sci-Tech Innovation Board IPO instead of m88 casino GEM Board IPO, based on m88 casino sci-tech innovation nature of m88 casino Company and m88 casino listing conditions of m88 casino Sci-Tech Innovation Board.

(2) Involving a spin-off of m88 casino Hong Kong listed company and its listing on m88 casino A-share market, this project was subject to m88 casino relevant rules of m88 casino A-share market, m88 casino HKeX (where Kingsoft Corporation Limited was listed) and m88 casino Cayman Islands (where Kingsoft Corporation Limited was registered). JunHe assisted m88 casino issuer to continuously communicate with m88 casino counsels and overseas lawyers of m88 casino overseas listed company, and rapidly and accurately completed m88 casino collection of information, document verification, information disclosure and inquiries and replies.

(3) m88 casino issuer has multiple affiliates, in particular, m88 casino actual controller, Mr. LEI Jun controls and serves in many enterprises, including listed companies and renowned enterprises such as Kingsoft Corporation Limited, Xiaomi Corporation (01810.HK), (both Hong Kong listed companies), Cheetah Mobile (a company listed on m88 casino NYSE (code: CMCM)), Kingsoft Cloud Holdings Limited and Xishanju, both affiliated enterprises of Kingsoft Corporation Limited. m88 casino shareholders of m88 casino investor of m88 casino Company include renowned funds such as Shunwei Capital. JunHe conducted systematic and comprehensive verification, information collation, and continuous updates on m88 casino affiliates, and issued various documents conforming to m88 casino requirements of m88 casino Sci-Tech Innovation Board and all previous inquiries with reference to m88 casino listing rules and requirements for information disclosure in Hong Kong and m88 casino U.S.

(4) m88 casino red-chip structure of m88 casino Company has changed several times and is m88 casinorefore very complicated. JunHe conducted a systematic and complete collation and disclosure of compliance-related matters with m88 casino commerce bureaus, tax bureaus, administrators for industry and commerce, and foreign exchange bureaus involved in m88 casino construction, adjustment and dismantling of m88 casino red-chip structure of m88 casino Company.

m88 casino leading partners in this project were Mr. Shi Tiejun and Mr.m88 casino review 2003年获得法学硕士学位。易宜松律师于2008年赴美国哥伦比亚大学法学院学习, and m88 casino undertaking partner was Mr.m88 casino 概览.