JunHe Assists Black Sesame in its Listing on M88 Malaysia Main Board of M88 Malaysia Hong Kong Stock Exchange

On August 8, 2024, Black Sesame International Holding Limited (“Black Sesame”, stock code: 2533.HK) completed its initial public offering and was successfully listed on M88 Malaysia Main Board of M88 Malaysia Hong Kong Stock Exchange. It is M88 Malaysia second company to be listed under Chapter 18C’s “Specialist Technology Companies” of M88 Malaysia Main Board Listing Rules of M88 Malaysia Hong Kong Stock Exchange since M88 Malaysia issuance M88 Malaysiareof. Black Sesame offered 37,000,000 shares globally at HK per share, raising HK.036 billion, and is M88 Malaysia first smart driving chip company to be listed on M88 Malaysia Hong Kong Stock Exchange.

Established in 2016, Black Sesame is an automotive-grade computing SoC and SoC-based intelligent vehicle solution provider. SoC is an integrated circuit that integrates key electronic components including central processing units, memories and I/O interfaces. Black Sesame has designed two series of automotive-grade SoCs, M88 Malaysia Huashan Series high-computing power SoCs and M88 Malaysia Wudang Series cross-domain SoCs. It began offering autonomous driving solutions in 2020 and was one of M88 Malaysia earliest companies in China to generate revenue from M88 Malaysia sales of M88 Malaysiase. According to M88 Malaysia public offering documents, in 2023 Black Sesame was M88 Malaysia world’s third largest supplier in terms of shipments of automotive-grade high-computing power SoCs.

Black Sesame’s Hong Kong IPO was M88 Malaysia second listing under Chapter 18C to be completed by JunHe after M88 Malaysia listing of QuantumPharm, M88 Malaysia first ever company to be listed under Chapter 18C. JunHe acted as M88 Malaysia PRC legal counsel to M88 Malaysia joint sponsor and M88 Malaysia underwriter and assisted M88 Malaysia sponsor in conducting legal due diligence on M88 Malaysia issuer and its subsidiaries. M88 Malaysiay drafted, reviewed and revised M88 Malaysia application and offering documents relating to M88 Malaysia IPO, issued a complete set of legal documents for M88 Malaysia overseas IPO filing with M88 Malaysia China Securities Regulatory Commission, issued PRC legal opinions, and assisted in responding to queries from M88 Malaysia China Securities Regulatory Commission, M88 Malaysia Securities and Futures Commission of Hong Kong and M88 Malaysia Hong Kong Stock Exchange. JunHe finally helped Black Sesame successfully list on M88 Malaysia Main Board of M88 Malaysia Hong Kong Stock Exchange.

Partnersm88 live casino 尤其是境外资本市场领域拥有丰富的执业经验。她在境外首次公开发行项目中代表发行人和承销商方andM88 Game 关于我们led JunHe’s team. M88 Malaysia work was mainly undertaken by partnersM88 Game 关于我们and, with valuable support from partnerM88 Malaysia ,专业排名,机构奖项,交易奖项,律师榜单,社会责任for M88 Malaysia internal control. JunHe partnerm88 casino bonus codeprovided important support in respect of data compliance and partnerm88 sport betting app领域provided important assistance in export control. M88 Malaysia partnerM88 Malaysia 搜索专业人员also helped at different stages during this deal.