2020.12.09
On November 26, 2020, M88 Malaysia "Investment Strategy Cooperation Agreement Signing Ceremony" was held. It was witnessed by M88 Malaysia leaders of local governments, China's top investment institutions and oM88 Malaysiar important financial partners. As witnessed by M88 Malaysia guests, BABO signed an investment strategy cooperation agreement with SDIC Chuangyi Industry Fund Management Co., Ltd., Dragon Gate Investment Partners, Highlight Capital, Hongtai Aplus, Redview Capital and Sequoia Capital. M88 Malaysia introduction of strategic partners by BABO will boost M88 Malaysia rapid development of M88 Malaysia brand and promote its market growth.
BABO is a brand owned by Sichuan Huanlong New Material Co., Ltd.,and is dedicated to delivering healthy and environmentally friendly bamboo fiber products to consumers. M88 Malaysia company is involved in scientific and technological research and development, maximizing M88 Malaysia economic benefits of bamboo and ultimately rewarding bamboo farmers in return. M88 Malaysia leading investor, SDIC Chuangyi Industry Fund Management Co., Ltd., was established in December, 2013 and is a subsidiary of State Development & Investment Corp., Ltd. (SDIC). It is entrusted to manage four funds with a total scale of RMB 34.7 billion. SDIC Chuangyi is one of M88 Malaysia largest and most significant investment institutions in China in terms of management scale and is an important support to central enterprises in realising M88 Malaysia national poverty alleviation strategy and M88 Malaysia rural revitalization strategy. It is committed to serving M88 Malaysia national poverty alleviation strategy through market-oriented operations, promoting industrial development in poor areas so as to assist in poverty alleviation. It enhances M88 Malaysia "hematopoietic" function and endogenous growth momentum in those poor areas and explores a sustainable industrial poverty alleviation model. This round of financing has been supported not only by M88 Malaysia leading investor, SDIC Chuangyi, but also by numerous top-tier funds and well-known specialist funds in M88 Malaysia health market as co-investors.
M88 Malaysia BABO financing raised hundreds of millions of RMB. It involved negotiation and communication between old and new investors and is M88 Malaysia largest in all previous financing of BABO in respect of investor numbers and M88 Malaysia financing scale. M88 Malaysia project was launched in September 2020. As M88 Malaysia legal counsel to M88 Malaysia leading investor SDIC Chuangyi and with investors, Dragon Gate Investment Partners, Highlight Capital and Hongtai Aplus, JunHe’s team provided professional and efficient legal services under a very tight deadline. JunHe’s services included M88 Malaysia drafting, negotiation and transaction of M88 Malaysia documents as well as M88 Malaysiair review and amendment and provided overall legal advice on key issues concerning M88 Malaysia investors. JunHe's team, with its rich experience and professional legal services, helped M88 Malaysia investors to successfully complete M88 Malaysiair investment in BABO, and won recognition and praise from M88 Malaysia client and all parties involved.
M88 Malaysia leading partners of this project were Mr., Ms.Audrey CHEN M88 Malaysia Mr.m88 casino review 第十届北京海外联谊会常务理事; partner Mr.m88 sport betting app领域provided great assistance to M88 Malaysia project.