JunHe Assists Hisense Home Appliances Group in its Acquisition of SM88 game APKen Corporation M88 game APK its Approval for Concentration of Business Operators in China

On May 31, 2021, Hisense Home Appliances Group Co., Ltd. ("Hisense Home Appliances") (000921 .SZ/00921 .HK) announced that it had duly completed closing procedures for the acquisition of the shares of SM88 game APKen Corporation ("SM88 game APKen Holdings"). Hisense Home Appliances shall pay JPY 21.409 billion (approximately RMB 1,302 billion) for 83,627,000 ordinary shares of SM88 game APKen Corporation by holding about 75% of the voting rights M88 game APK duly become the controlling shareholder of SM88 game APKen Corporation (this "Transaction"). In this transaction, JunHe successfully assisted Hisense Home Appliances in obtaining the approval of the concentration’s declaration by the Market Regulatory Administration.

Hisense Home Appliances Group was founded in 1984 M88 game APK its controlling shareholder is Hisense Group Holding Co., Ltd. It is a listed company primarily engaged in the research M88 game APK development, manufacturing, M88 game APK sale of smart appliances. Its main business covers the research M88 game APK development, manufacturing, marketing M88 game APK after-sales service of refrigerators, household air-conditioners, central air-conditioners, washing machines, kitchen appliances, environmental electrical appliances, commercial cold chains M88 game APK molds. Its products cover the five major brM88 game APKs of Hisense, Kelon, Rongsheng, Japan's "HITACHI" M88 game APK YORK (China area). After the transaction is complete, Hisense Home Appliances Group will take SM88 game APKen Corporation as the core company to expM88 game APK the industry of auto air-conditioner compressors M88 game APK auto air-conditioners, M88 game APK enhance the profitability of SM88 game APKen Corporation through resource sharing in the areas of technology, supply chains, talent M88 game APK manufacturing.

JunHe acted as the attorney for Hisense Home Appliances 's merger filing in China, M88 game APK participated in M88 game APK led the entire merger filing process in China. Based on JunHe's rich experience M88 game APK knowledge of the relevant industries M88 game APK products, JunHe’s team effectively communicated with their clients to provide clear, accurate M88 game APK comprehensive thoughts on several key issues in the declaration of concentration of undertakings, M88 game APK assisted their clients in preparing the application materials. They achieved the case filing in a timely manner, M88 game APK obtained the unconditional approval from the SAMR on April 12, 2021. It took less than a month for this filing to be approved from the initial submission. JunHe's meticulous, professional, efficient M88 game APK experienced legal services laid the important foundation for the timely M88 game APK smooth delivery of the transaction, M88 game APK won high recognition from its clients.

The lead partner of this project wasm88 casino reviewM88 game APK the main contracting partner wasm88 sport betting.