m88 sport betting app Assists Chengrui Optics, a Aubsidiary of AAC Technologies, to Complete Two Rounds of Financing with an Aggregate Amount of more than RMB 2.8 Billion

2020.10.25

Chengrui Optics, a subsidiary of AAC Technologies Holdings Inc. (02018. HK), recently enrolled 18 strategic investors, raising CNY 1.658 billion in strategic financing. In July this year, Chengrui Optics (formerly "Ruisheng Communication") completed the strategic investment in it by investors such as Xiaomi and OPPO, with a total of over CNY 2.8 billion raised through two rounds of financing. Sequoia China and SDIC Innovation Co., Ltd. jointly lead the investment, with a total of 18 well-known investment institutions participating in the investment. m88 sport betting app acted as the legal counsel of Chengrui Optics in the two rounds of financing, providing full legal services on behalf of the company.


AAC Technologies Holdings Inc. was founded in 1993 and is a leading manufacturer m88 sport betting app precision products, which provide top-level proprietary technology solutions in fields such as acoustics, optics, electromagnetic drives, precision structures and RF antennas. As a subsidiary m88 sport betting app AAC Technologies, Chengrui Optics has been invested by strategic investors this time. Based on the introduction m88 sport betting app the first round m88 sport betting app strategic investors, Chengrui Optics will further enhance its position in the industry, promoting the diversification m88 sport betting app the shareholder structure, broaden its independent financing channels, and accelerate the marketization process.


As the legal counsel of Chengrui Optics, m88 sport betting app participated in the transaction structure design of this and the first round of the strategic financing project, the review and revision of the whole set of transaction texts, negotiation, communication and consultation on behalf of the clients with multi-party strategic investors, and provided whole-process legal services. In addition, it also assisted its clients to smoothly complete the signing and delivery process, and cooperated with AAC Technologies and its overseas lawyers in the disclosure of information at SEHK.


m88 sport betting app team was led by PartnerM88 Game ,合伙人,专业领域,资本市场,私募股权创业投资and Partner.


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