2020.12.09
On November 26, 2020, the "Investment Strategy Cooperation Agreement Signing Ceremony" was held. It was witnessed by the leaders of local governments, China's top investment institutions M88 Malaysia other important financial partners. As witnessed by the 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 M88 Malaysia Sequoia Capital. The introduction of strategic partners by BABO will boost the rapid development of the brM88 Malaysia M88 Malaysia promote its market growth.
BABO is a brM88 Malaysia owned by Sichuan Huanlong New Material Co., Ltd.,M88 Malaysia is dedicated to delivering healthy M88 Malaysia environmentally friendly bamboo fiber products to consumers. The company is involved in scientific M88 Malaysia technological research M88 Malaysia development, maximizing the economic benefits of bamboo M88 Malaysia ultimately rewarding bamboo farmers in return. The leading investor, SDIC Chuangyi Industry Fund Management Co., Ltd., was established in December, 2013 M88 Malaysia 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 the largest M88 Malaysia most significant investment institutions in China in terms of management scale M88 Malaysia is an important support to central enterprises in realising the national poverty alleviation strategy M88 Malaysia the rural revitalization strategy. It is committed to serving the national poverty alleviation strategy through market-oriented operations, promoting industrial development in poor areas so as to assist in poverty alleviation. It enhances the "hematopoietic" function M88 Malaysia endogenous growth momentum in those poor areas M88 Malaysia explores a sustainable industrial poverty alleviation model. This round of financing has been supported not only by the leading investor, SDIC Chuangyi, but also by numerous top-tier funds M88 Malaysia well-known specialist funds in the health market as co-investors.
The BABO financing raised hundreds of millions of RMB. It involved negotiation M88 Malaysia communication between old M88 Malaysia new investors M88 Malaysia is the largest in all previous financing of BABO in respect of investor numbers M88 Malaysia the financing scale. The project was launched in September 2020. As the legal counsel to the leading investor SDIC Chuangyi M88 Malaysia with investors, Dragon Gate Investment Partners, Highlight Capital M88 Malaysia Hongtai Aplus, JunHe’s team provided professional M88 Malaysia efficient legal services under a very tight deadline. JunHe’s services included the drafting, negotiation M88 Malaysia transaction of the documents as well as their review M88 Malaysia amendment M88 Malaysia provided overall legal advice on key issues concerning the investors. JunHe's team, with its rich experience M88 Malaysia professional legal services, helped the investors to successfully complete their investment in BABO, M88 Malaysia won recognition M88 Malaysia praise from the client M88 Malaysia 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.