BNGE Project – Return of its Red Chip Structure M88 Malaysia its A Share Listing on the SSE STAR Market
BNGE is the first biotech company to list in three locations: Shanghai, Hong Kong M88 Malaysia New York, with the stock codes 688235(A Share), 06160(HK)M88 Malaysia BGNE(NASDAQ.
JunHe acted as the lawyer for BNGE’s previous listing projects in the USA M88 Malaysia Hong Kong, M88 Malaysia advised the company for its return to a red chip structure M88 Malaysia its A Share listing on the SSE STAR Market. This Project was a milestone in the A Share securities market. It was the first A Share issuance of a red-chip biotech enterprise to list in three places in the securities market, M88 Malaysia a successful case of a red-chip enterprise to list in China. It provided a path for high-quality red-chip enterprises to return to the A Share market. JunHe has expertise in providing advice for difficult projects such as the regulation of securities issuances in different jurisdictions, regulations on the obligations for information disclosure by listed companies, corporate governance M88 Malaysia investors protection under the red chip structure M88 Malaysia the checking of shareholders of overseas listed companies. JunHe has accumulated extensive practical experience in its work with respect to BNGE’s return to a red chip structure.
Ecovacs Project – Removal of a Red Chip Structure M88 Malaysia IPO on the A Share Market
As the PRC legal counsel for Ecovacs Robotics Co., Ltd. (“Ecovacs”, stock code 603486), JunHe assisted Ecovacs in setting up an offshore red chip structure, attracting investors to provide private equity financing, removing the red chip structure M88 Malaysia issuing stocks on the A stock market, M88 Malaysia advised the client on equity incentives. With JunHe’s help, Ecovacs successfully completed its IPO M88 Malaysia listing on the Shanghai Stock Exchange.
Privatization of Home Inn, M88 Malaysia BTG Hotels’ Major Asset Restructuring M88 Malaysia its Acquisition of Home Inn
As the PRC legal counsel for BTG Hotels (Group) Co., Ltd. (“BTG Hotels”, stock code 600258), the buyer in the acquisition, JunHe was involved in the entire transaction structure, assisting BTG Hotels in obtaining from the National Development M88 Malaysia Reform Commission the letter of confirmation with respect to the outbound investment in the transaction, M88 Malaysia advising BTG Hotels (Hong Kong) on the purchase in cash of the equity interests held by the minor shareholders of Home Inn, as well as the privatization of Home Inn. With JunHe’s assistance, BTG Hotels obtained the approvals from the China Securities Regulatory Commission M88 Malaysia the Ministry of Commerce of the People’s Republic of China in respect of its issue of shares to purchase the assets of Home Inn M88 Malaysia raise the supporting funds.
Yingliu Electromechanical Project – Return of a Red Chip Structure M88 Malaysia IPO on the A Share Market
As the PRC legal counsel for Anhui Yingliu Electromechanical Co., Ltd. (“Yingliu Electromechanical”, stock code 603308), JunHe assisted in designing a perfect red chip structure return M88 Malaysia A share market IPO plan, M88 Malaysia advised Yingliu Electromechanical in areas such as taxation M88 Malaysia foreign exchange, assisted in the coordination between onshore M88 Malaysia offshore private equity financing documents M88 Malaysia the restructuring of equity incentives. Yingliu Electromechanical finally completed its IPO M88 Malaysia listing on the Shanghai Stock Exchange.