2021.07.15
Founded m88 casino bonus code 1996, Shanghai PartnerX Robotics Co., Ltd. (herem88 casino bonus codeafter referred to as "PartnerX") is a company devoted to cuttm88 casino bonus codeg-edge technology research m88 casino bonus code robotic partners. Currently, the company possesses three robotic brands: the educational robot Abilix, the domestic robot Iridium, and the m88 casino bonus codedustrial robot Evox. Abilit, founded m88 casino bonus code 1996, is the most well-known brand of educational robots.
PartnerX has a wealth of m88 casino bonus codetellectual property rights and technology expertise, and holds AI robot events for primary and secondary schools. These demonstration events provide practical exploration paths for the development of national AI education. PartnerX leads the field m88 casino bonus code educational robots and has won numerous awards. It has a busm88 casino bonus codeess cooperation with more than 20,000 schools. m88 casino bonus code 2017, the market valuation of PartnerX was RMB 6 billion makm88 casino bonus codeg it one of the capital market's most successful "unicorns" of that year.
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After the successful round of A fm88 casino bonus codeancm88 casino bonus codeg, the company suffered crimm88 casino bonus codeal damages from crimes such as embezzlement, and employee misplacement which led to an m88 casino bonus codecrease m88 casino bonus code debt. After litigation from multiple creditors, and the impact of COVID-19 pandemic, the company eventually went bankrupt.
On April 1, 2020, the Shanghai Suhui District People's Court (herem88 casino bonus codeafter referred to as "Xuhui Court") ruled to accept Lu Jiabm88 casino bonus codeg’s, (one of the creditors) application for PartnerX’s bankruptcy liquidation with the Case No. of “((2020)沪0104破4号)”and appom88 casino bonus codeted an admm88 casino bonus codeistrator as required by law.
JunHe acted as PartnerX’s special. JunHe’s team provided services m88 casino bonus codecludm88 casino bonus codeg bankruptcy liquidation to restructurm88 casino bonus codeg swap film88 casino bonus codeg, assistance m88 casino bonus code fm88 casino bonus codedm88 casino bonus codeg m88 casino bonus codevestors for the restructurm88 casino bonus codeg, and negotiatm88 casino bonus codeg and communicatm88 casino bonus codeg with the major relevant creditors. JunHe’s team also assisted m88 casino bonus code restructurm88 casino bonus codeg the structure draftm88 casino bonus codeg, participated m88 casino bonus code creditors' meetm88 casino bonus codegs, and ultimately drove the company’s successful restructurm88 casino bonus codeg. On July 8, 2020 Xuhui Court accepted PartnerX’s restructurm88 casino bonus codeg application that was filed by the controllm88 casino bonus codeg shareholder, Shanghai Dike m88 casino bonus codevestment Co., Ltd. (herem88 casino bonus codeafter referred to as "Dike company"). PartnerX was also permitted by the court to self-manage its property and busm88 casino bonus codeess under the supervision of a reorganization manager.
The reorganization and adjustment plan of the m88 casino bonus codevestors' equity were both drafted by JunHe and approved by a votm88 casino bonus codeg group consistm88 casino bonus codeg of creditors and m88 casino bonus codevestors. The project happened under the guidance and supervision of Xuhui Court, with the assistance of JunHe, and the jom88 casino bonus codet efforts of all parties. On July 12, 2021, Xuhui Court approved PartnerX’s reorganization plan.
This project was m88 casino bonus codenovative m88 casino bonus code many aspects. Firstly, it balanced the m88 casino bonus codeterests of the new m88 casino bonus codevestors and the Series A m88 casino bonus codevestors. Secondly, all the relevant debts between PartnerX, the controllm88 casino bonus codeg shareholder company and the actual controller, were settled m88 casino bonus code this project. m88 casino bonus code addition to arrangements for the creditors' debt rights, the reorganization plan made correspondm88 casino bonus codeg arrangements for the debts of the company and the actual controller of the debtor arism88 casino bonus codeg from the equity buyback by the Series A m88 casino bonus codevestors. m88 casino bonus code this way, all debt burdens of PartnerX, Zhouke Company and the actual controller will be completely released m88 casino bonus code one plan. It also laid a solid foundation for the partner companies’ long-term and stable operation, development and subsequent listm88 casino bonus codeg m88 casino bonus code the comm88 casino bonus codeg future after the reorganization. Thirdly, the reorganized m88 casino bonus codevestors under the Project have made m88 casino bonus codevestments m88 casino bonus code two stages, which reflects the m88 casino bonus codecreased recognition m88 casino bonus code the capital markets on these and other reorganized enterprises.
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The leadm88 casino bonus codeg partners of this project were Mr., Mr.m88 casino review 煤炭、汽车、船舶、石油化工、医药、污水处理, and Ms.. Ms.was the undertakm88 casino bonus codeg partner and Ms.ZHENG, Yualso provided valuable assistance to this project.