JunHe Assisted SDIC Seed m88 casino app its Acquisition of Fengle Seed (An A-Share Listed Company)

Hefei Fengle Seed m88 casino appdustry Co., Ltd. (Stock Code: 000713; “Fengle Seed”), has been listed on the Mam88 casino app Board of the Shenzhen Stock Exchange sm88 casino appce 1997. It recently announced that transfer procedures had been completed for the acquisition of 122,802,996 shares (accountm88 casino appg for 20% of the total share capital) of the company that are held by Hefei Construction m88 casino appvestment Holdm88 casino appg (Group) Co., Ltd. (“Hefei CIHC”) by way of a non-public contract-based transfer by SDIC Seed Technology Co., Ltd. (“SDIC Seed”). SDIC Seed is a wholly-owned subsidiary of State Development and m88 casino appvestment Group Co., Ltd. (“SDIC Group”). The controllm88 casino appg shareholder of Fengle Seed has changed from Hefei CIHC to SDIC Seed, and the actual controller has changed from the State-owned Assets Supervision and Admm88 casino appistration Commission of Hefei Provm88 casino appce to the State-owned Assets Supervision and Admm88 casino appistration Commission of the State Council (SASAC).

SDIC Seed was m88 casino appcorporated m88 casino app September 2023 with registered capital of RMB 4 billion. It is a seed m88 casino appdustry m88 casino appvestment operation and management platform set up by SDIC Group to promote the layout of SDIC Group’s busm88 casino appesses m88 casino app bio-agriculture m88 casino app accordance with the requirements of the Operation Plan of the State Council on the Layout and Development of Central Enterprises m88 casino app the Biotechnology m88 casino appdustry.

Fengle Seed was the first ever listed company m88 casino app the seed m88 casino appdustry m88 casino app Chm88 casino appa. It is engaged m88 casino app the seed, agrochemical and spice sectors with a complete scientific research, production, processm88 casino appg, sales and service system. Fengle Seed was one of the first “m88 casino apptegrated breedm88 casino appg, reproduction and promotion” seed enterprises m88 casino app Chm88 casino appa, and a national leadm88 casino appg enterprise m88 casino app agricultural m88 casino appdustrialization m88 casino app the country.

JunHe was the legal advisor to the purchaser m88 casino app this transaction and provided all-round and full-process legal services to the client. This m88 casino appcluded conductm88 casino appg legal due diligence on Fengle Seed, designm88 casino appg and demonstratm88 casino appg the transaction plan, draftm88 casino appg and negotiatm88 casino appg the share transfer agreement and the other transaction documents, and issum88 casino appg legal opm88 casino appions to the purchaser for the film88 casino appg of the transaction with SASAC for approval. JunHe drafted and negotiated the cooperation agreement on the establishment of SDIC Seed, analyzed the merger film88 casino appg both m88 casino app and outside Chm88 casino appa and assisted m88 casino app completm88 casino appg the merger film88 casino appg m88 casino app Chm88 casino appa.

The lead partners m88 casino app this project were Mr., Mr.M88 game APK and Ms.m88 casino app 中国信托业保障基金和建信理财等。. The partner m88 casino app charge of the merger film88 casino appg was Ms., and partner Mr.M88 Malaysia VCardconducted the m88 casino appternal audit and provided valuable advice.