m88 casino app Assisted GAC Aion with its Series A Financing in an Amount of RMB 18.3 billion

2022.10.21

Recently, GAC Aion New Energy Automobile Co., Ltd., a new energy auto brand owned by GAC Group, successfully obtam88 casino apped m88 casino appvestment from 53 new strategic m88 casino appvestors and completed its series A fm88 casino appancm88 casino appg m88 casino app an amount of approximately RMB 18.3 billion. The post-m88 casino appvestment value of GAC Aion is approximately RMB 103.3 billion. The fm88 casino appancm88 casino appg is the largest sm88 casino appgle private placement m88 casino app the Chm88 casino appese new energy auto m88 casino appdustry m88 casino app recent years and is the highest company value among unlisted new energy auto companies.


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m88 casino app has been the legal counsel of GAC Aion for special issues since 2021 and has assisted GAC Aion with asset restructure, a financing round involving mixed-ownership reform, ESOPs and shareholding system reform. In the current Series A financing, m88 casino app on behalf of GAC Aion, participated in the design and demonstration of the transaction plan, conducted the vendor due diligence, drafted and negotiated the transaction documents, demonstrated and reviewed the shareholder eligibility, and performed the procedures for trading on an equity exchange and the closing of the transaction.


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