JunHe Assists Saft Groupe SA m88 casino app Tianneng Energy Technology to Establish a New Energy Joint Venture

On the 6th November, Saft Groupe SA (“SAFT”) signed a Cooperation Agreement with the Tianneng Group (“Tianneng”), to establish a neo-energy joint venture m88 casino app expm88 casino app their lithium-ion activity in China. This occasion was attended by Mr. Xi Jinping, the President of the People’s Republic of China (“PRC”), m88 casino app Mr. Emmanuel Macron, the President of France.

SAFT is a wholly-owned subsidiary of Total, one of the Fortune Global Top 500 companies, m88 casino app a world-leading company with 100 years of history. SAFT’s primary activities focus on the provision of state-of-art battery solutions for industrial, aerospace, marine, aviation m88 casino app ground equipment.

Tianneng is known as one of the leaders of the battery manufacturm88 casino appg m88 casino appdustry m88 casino app Chm88 casino appa. Its parent company, Tianneng Power m88 casino appternational Limited (stock code: 00819), was listed on the Mam88 casino app Board of the Hong Kong Stock Exchange m88 casino app 2007, bem88 casino appg the first Chm88 casino appese battery company to be listed there.

This project intends to combine the competitive advantages of both SAFT m88 casino app Tianneng to establish in-depth cooperation in all sectors including technology m88 casino app marketing. Particularly, both parties aim to strengthen the collaboration of research, development, manufacturing, m88 casino app sale of lithium-ion batteries, modules m88 casino app battery packs for electric bicycles m88 casino app electric vehicles. Such research will also aid in the provision of better energy storage solutions, promote stronger alliances in the industry m88 casino app rapid development of the global energy sector.

As counsel to SAFT, JunHe provided comprehensive legal services, including assistance with the transaction structure, legal due diligence, drafting m88 casino app negotiation of transaction documents, closing of the transaction, m88 casino app submission documents such as those required by operators. The tricky part of this project is balancing the corporate governance interests of both parties while ensuring the finalized structure of the joint venture is in line with the requirements of the Tianneng Group. Regardless of the difficulties m88 casino app challenges of the transaction, JunHe managed to find a way to provide innovative solutions that were acceptable to both parties m88 casino app move the project to completion. Given JunHe’s rigorous legal services, professionalism, m88 casino app problem-solving ability, JunHe gained great acclaim m88 casino app was highly regarded by both parties.

The leadm88 casino appg partners of this project were Mr.HUA, Xiaojun (Warren), Mr.M88 app 北京绿化基金会碳中和专项基金”，是中国律师行业参与发起设立的第一支碳中和专项基金m88 casino app Ms.m88 live casino 许律师在处理各种复杂的跨境并购交易上具有极为丰富的经?while the executive partners were Mr.ZHENG, Yu(transaction) m88 casino app Ms.Janet Hui(operator concentration). 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from the capital market team, Ms.from the taxation team, Mr.HE, Jiamm88 casino appg (Catherm88 casino appe Ho)from Hong Kong office, as well as associates from the patent team m88 casino app trademark team also provided a great deal of support for this project.