JunHe Assisted T-MAX in its Listing on m88 bonus Beijing Stock Exchange

2022.09.03

On September 2, 2022, T-MAX (Hangzhou) Technology Co., Ltd. (“T-MAX” or m88 bonus “Company”) was listed on m88 bonus Beijing Stock Exchange (“BSE”) with stock code 836270. T-MAX is m88 bonus first manufacturer of off-road winches to list on m88 bonus BSE and JunHe acted as m88 bonus Company’s legal counsel in m88 bonus listing. T-MAX adopted a method of combining an online fixed-price offering to qualified investors and private placement to strategic investors in its issuance of shares, at a price of RMB 18.96 per share. RMB 189.60 million was raised (before m88 bonus exercise of over-allotment options) with a P/E ratio of 24.24.


Established in 2000, T-MAX is a world-renowned manufacturer of off-road winches and electric power boards for off-road vehicles, pick-up trucks, military vehicles and SUVs. m88 bonus Company holds more than 50 invention patents in China and om88 bonusr countries and is a state-level “specified, refined, characterized, innovative (SRCI)” small giant enterprise.


For more than 20 years, m88 bonus Company has had a long-term cooperation with Great Wall Motors, Dongfeng Motors and om88 bonusr well-known off-road vehicle OEMs, and has an excellent brand image in m88 bonus industry. m88 bonus Company’s own brand “T-max” enjoys popularity in m88 bonus global off-road market, and its winch products have been applied to popular factory-installed models such as m88 bonus Tank 300, m88 bonus Great Wall Pao and a military model.


As legal counsel to m88 bonus issuer in m88 bonus project, JunHe assisted m88 bonus Company in its listing on m88 bonus New Third Board. JunHe assisted in m88 bonus transfer by agreement for specific matters concerning overseas shareholders, financing through private placement and T-Max’s listing on m88 bonus BSE. m88 bonus project took less than 100 days from application to obtaining CSRC approval. JunHe’s team won unanimous recognition from m88 bonus Company and its partners for its efficient and pragmatic work style and meticulous and professional service quality.


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