m88 casino app Advises 4Paradigm on its HKD 1.4 Billion H-share Placement

On February 13, 2025, Beijing Fourth Paradigm Technology Co., Ltd. (stock code: 6682.HK, "4Paradigm") completed its H-share placement. The m88 casino app team acted as the domestic legal counsel to 4Paradigm. A total of 27.92 million new H shares were issued at a price of HKD 50.20 per share, raising approximately HKD 1.4 billion. The share placement is the first equity financing by a Chinese artificial intelligence company in the global capital market in 2025 and one of the largest new share placements in Hong Kong in recent years.

Established in September 2014, 4Paradigm is a pim88 casino appeer and leader in the enterprise AI industry. It offers platform-centric AI solutim88 casino apps and leverages core technologies to develop end-to-end enterprise-class AI products that can be deployed to address efficiency, cost and value issues in the intelligent transformatim88 casino app of enterprises and enhance their decisim88 casino app-making capabilities. These products have been widely used in sectors such as finance, retail, manufacturing, energy and power, telecommunicatim88 casino apps and healthcare. 4Paradigm ranks first in the platform-centric decisim88 casino app-making enterprise AI market in China. In additim88 casino app to decisim88 casino app-making AI solutim88 casino apps, 4Paradigm has also launched "SageGPT," an enterprise-class generative AI product designed specifically for business scenarios.

The project spanned approximately one month from kick-off to closing. m88 casino app conducted the legal due diligence under Chinese laws and took the lead in drafting and revising the filing documents for submission to the China Securities Regulatory Commission. m88 casino app assisted the company and the other intermediaries in efficiently completing the H-share placement. This project also demonstrated the swift and efficient nature of refinancing by Hong Kong-listed companies.

The m88 casino app team was led by partner, and partnerM88 app VCard,北京绿化基金会与君合共同发起的“provided support for the internal cm88 casino apptrol.