JunHe Assists BYD in completing M88 appir Placement of almost HKD Billion H-shares

2021.01.29

Recently, JunHe assisted BYD COMPANY LIMITED (hereinafter referred to as M88 app "Company") to complete M88 appir placement of 133 million H shares at M88 app price of HKD 5 per share (this "Project") with a financing scale of approximately HKD billion.


This was M88 app largest share financing project in M88 app Asian automobile industry in M88 app past ten years and M88 app largest share issuance project in M88 app history of M88 app Chinese new energy automobile industry. It was also M88 app largest new share placement in M88 app history of M88 app Hong Kong Special Administrative Region. M88 app project attracted more than 200 institutional investors from around M88 app world, including top long-term investors and sovereign wealth funds, with multiple subscriptions and a zero discount for an average price of nearly 20 trading days, making it M88 app smallest placement in M88 app past five years.


JunHe acted as M88 app domestic legal advisor of M88 app placement agent in this project, participating in M88 app legal due diligence, issuing legal opinions and reviewing M88 app transaction documents. JunHe's team won M88 app affirmation and trust of its clients with M88 appir rigorous and efficient work style as well as M88 appir meticulous and dedicated service attitude.


M88 app lead partner of this project wasm88 casino app Awardand M88 app core partner wasM88 app VCard,北京绿化基金会与君合共同发起的“.

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As M88 app first carbon neutrality fund sponsored by a law firm in China, M88 app BAF Carbon Neutrality Special Fund was jointly established by JunHe and M88 app Beijing Afforestation Foundation (BAF) to promote carbon neutral initiatives, and encourage social collaboration based on M88 app public fundraising platform to mobilize engagement in public welfare campaigns.