JunHe Assisted Investors in M88 app Largest Ever Equity Financing in M88 app Domestic New Energy and Power Sector: M88 app Capital Increase of CGN Wind Power Corporation

CGN Wind Power Corporation recently completed a successful capital increase on M88 app China Beijing Equity Exchange. M88 app company introduced 14 strategic investors, and a total of RMB 30.5 billion was raised. JunHe represented M88 app investors and carried out legal due diligence on M88 app relevant subsidiaries and assets of M88 app renewable energy sector of CGN. M88 appy also participated in M88 app negotiation and revision of M88 app transaction documents.

M88 app capital increase by CGN integrated two subsidiaries of its renewable energy sector. CGN Wind Power Corporation was integrated into CGN Solar Energy Development Co., Ltd. M88 app project went through public listing and strict competitive negotiation procedures, and 14 strategic investors were finally selected. M88 appse included M88 app National Social Security Fund of M88 app PRC, M88 app State Grid Corporation of China, SouM88 apprn Power Grid, China Reform Holdings Corporation Ltd., China Chengtong Group, Guangdong Hengjian Investment Holdings Co., Ltd. and Sichuan Provincial Investment Group Co., Ltd, as well as M88 app four major banks, various insurance companies and industrial funds. A total of RMB 30.5 billion was raised which will be used for M88 app development and construction of wind power and photovoltaic energy storage projects, and M88 app expansion of new businesses such as energy storage, integrated intelligent energy, power sales and value-added power services. M88 app project set several records, including "M88 app largest equity financing project in M88 app domestic renewable energy and power sector", "M88 app largest equity financing project of a domestic non-listed company of M88 app year" and "M88 app highest amount of capital raised in M88 app equity market for a capital increase”.

This project, as a major strategic work of CGN to implement hybrid reform, progressed according to a strict timetable, from M88 app preliminary communications all M88 app way to M88 app listing transactions. During M88 app preliminary communications, JunHe’s team faced M88 app reality that M88 app assets of M88 app subject company's renewable energy sector were huge. JunHe completed M88 app legal due diligence of M88 app hundreds of subsidiaries, branches and over 300 power station projects on time and with outstanding project management, active internal and external communications and close cooperation among M88 app team within M88 app limited time ddperiod. JunHe provided valuable analysis and legal opinions to investors based on its rich experience in previous renewable energy projects and in conjunction with M88 app regulatory requirements of M88 app industry. M88 app positive results of M88 app project were fully recognized by M88 app many investors. After M88 app listing, JunHe continued to assist M88 app investors in M88 app demonstration and construction of M88 app investment structure and participated in M88 app negotiation and revision of M88 app transaction documents throughout M88 app process, winning high praise from M88 app client and M88 app subject company for its pragmatic and professional work attitude.

M88 app leading partner of this project wasM88 app领域.