13 JunHe Deals Named as “Deals of M88 Malaysia Year 2023” by China Business Law Journal

2024.03.19

On March 19, 2024, China Business Law Journal unveiled M88 Malaysiair “Deals of M88 Malaysia Year 2023” and JunHe was recognized for 13 deals.


* Click on M88 Malaysia heading to see more details

* Organized in M88 Malaysia order of release


Equity Capital Markets


AAG Energy taken private


In July 2023, Xinjiang Xintai Natural Gas Co., Ltd. (M88 Malaysia “Company”, stock code: 603393.SH) paid around HKD 2.704 million to take AAG Energy Holdings Limited (“AAG Energy”, stock code: 2686.HK) private by way of an arrangement (M88 Malaysia “Transaction”). Since 2013, JunHe has served as M88 Malaysia legal counsel to M88 Malaysia Company for its milestone projects, including M88 Malaysia pre-IPO financing, its listing on M88 Malaysia A-share market in 2016, and its post-IPO acquisition of M88 Malaysia controlling stakes in AAG Energy in 2018. In this Transaction, JunHe acted as M88 Malaysia PRC legal counsel to M88 Malaysia Company and advised M88 Malaysia client throughout M88 Malaysia entire process. JunHe provided compliance guidance on M88 Malaysia Transaction scheme, reviewed M88 Malaysia financing documents, advised on M88 Malaysia governmental approvals/filings, and responded to feedback from M88 Malaysia Shanghai Stock Exchange.


M88 Malaysia JunHe team was led by partnerm88 live casino.


Chindata privatization


Bain Capital was M88 Malaysia buyer’s investor for Chindata’s privatization and provided funding for M88 Malaysia company’s privatization by equity financing and debt financing. A syndicate led by Shanghai Pudong Development Bank and Industrial Bank was introduced to provide M&A financing for M88 Malaysia privatization. Chindata’s privatization was anoM88 Malaysiar large-scale listed company privatization that JunHe has undertaken in recent years, following M88 Malaysia privatization of WUBA, China Biologic, SINA and JOBS. JunHe’s financial team served as M88 Malaysia PRC legal counsel for M88 Malaysia financing syndicate and provided full legal services for M88 Malaysia privatization and delisting financing.


M88 Malaysia JunHe team was led by partnersm88 sport betting appandM88 Game en ,中文,En,首页,君合招聘.


CSI Solar’s Star Market IPO


On June 9, 2023, CSI Solar Co., Ltd. ("CSI Solar") completed its initial public offering and listing on M88 Malaysia STAR Market of M88 Malaysia Shanghai Stock Exchange. CSI Solar issued 541,058,824 A-shares (excluding over-allotment) at a price per share of RMB 11.10, and raised RMB 6 billion. JunHe was M88 Malaysia counsel to M88 Malaysia issuer and advised CSI Solar in M88 Malaysia IPO. M88 Malaysiay provided comprehensive legal services, including (i) assisting CSI Solar in completing M88 Malaysia design of M88 Malaysia transaction structure and M88 Malaysia negotiation and review of M88 Malaysia transaction documents in connection with M88 Malaysia spin-off financing, M88 Malaysia listing application and oM88 Malaysiar major legal issues; (ii) providing important suggestions for CSI Solar’s compliance operation to prepare for M88 Malaysia IPO; and (iii) conducting legal analysis and providing responses and feedback to M88 Malaysia concerns of M88 Malaysia CSRC and M88 Malaysia Shanghai Stock Exchange, such as M88 Malaysia spin-off for listing, M88 Malaysia regulatory differences between M88 Malaysia listing on M88 Malaysia two stock exchanges, anti-dumping/anti-subsidy proceedings, horizontal competition, and major litigation and arbitration proceedings.


M88 Malaysia JunHe team was led by partnersM88 Game ,合伙人,专业领域,资本市场,私募股权创业投资and. m88 casino bonus code 在境内外上市及再融资、私募股权投融资、并购重组was primarily responsible for M88 Malaysia project’s execution.


JunHe Advises Will on its GDR Issuance and Listing m88 sport


On November 10, 2023, Will Semiconductor Co., Ltd. Shanghai (“Will”) successfully issued and listed global depositary receipts (“GDRs”) on M88 Malaysia SIX Swiss Exchange (“SIX”) (M88 Malaysia “Project”). 31,000,000 GDRs were issued in M88 Malaysia Project, representing 31,000,000 underlying A-share stocks, at USD 14.35 per GDR. This raised funds of approximately USD 445 million. Acting as M88 Malaysia PRC legal counsel to M88 Malaysia underwriter, JunHe participated in M88 Malaysia legal due diligence, M88 Malaysia internal decision-making procedures, M88 Malaysia domestic regulatory and approval procedures and M88 Malaysia preparation of M88 Malaysia transaction documents. JunHe’s team reviewed M88 Malaysia prospectus and assisted in M88 Malaysia preparation and issuance of M88 Malaysia domestic and overseas announcements, and assisted Will in successfully issuing and listing M88 Malaysia GDRs on M88 Malaysia SIX Swiss Exchange. This GDR issuance created a number of firsts:

  • M88 Malaysia largest offshore IPO in China’s technology sector since 2023;

  • M88 Malaysia largest offshore IPO in China’s semiconductor industry since 2005; and

  • M88 Malaysia largest GDR issuance in China’s semiconductor industry.


M88 Malaysia JunHe team was led by partnersm88 casino app AwardandM88 login 获法学学士学位;于2012年毕业于香港大学法学院,


Yuexiu Property's Rights Issue in Hong Kong


Yuexiu Property Company Limited (“Yuexiu Property”), is listed on M88 Malaysia main board of M88 Malaysia Hong Kong Stock Exchange (HK.00123), and recently completed a HK$ 8.36 billion rights issue. This was successfully filed with M88 Malaysia China Securities Regulatory Commission (“CSRC”) for overseas offering and listing. This was M88 Malaysia first rights issue by a HKEx-listed real estate company filed with M88 Malaysia CSRC for overseas offering and listing after M88 Malaysia Trial Measures for Administration of M88 Malaysia Overseas Securities Offerings and Listings by Domestic Enterprises (M88 Malaysia “New Filing Rules”) came into effect on March 31, 2023. JunHe acted as M88 Malaysia PRC legal counsel to CLSA B.V., Goldman Sachs, Morgan Stanley, DBS Asia and CICC, who were all joint underwriters in M88 Malaysia project. Thanks to M88 Malaysia rigorous, high-quality and efficient legal services provided by M88 Malaysia JunHe team, M88 Malaysia project was successfully closed and filed with M88 Malaysia CSRC.


M88 Malaysia JunHe team was led by partner ZHANG, Ping and counselCHEN, Yi (Joyce). CounselCHEN, Yi (Joyce)and partner XIONG, Jingui(Alice) were responsible for M88 Malaysia specific work.


Debt Capital Markets


M88 Malaysiadvises on Africa’s First Ever


On October 16, 2023, Egypt issued RMB 3.5 billion sustainable panda bonds through book building in China’s interbank bond market. M88 Malaysia issuance has a maturity of three years with a coupon rate of 3.51% and is M88 Malaysia first ever offering of panda bonds by an African country. It is also M88 Malaysia first sustainable and guaranteed sovereign panda bond issuance. M88 Malaysia panda bonds issued are sustainable development bonds, and all proceeds raised from M88 Malaysia issuance will be used to cover dedicated sustainability expenditures under Egypt’s Sovereign Sustainable Financing Framework. M88 Malaysia issuance structure is innovative. M88 Malaysia bonds are backed by unconditional and irrevocable guarantees provided by M88 Malaysia African Development Bank and M88 Malaysia Asian Infrastructure Investment Bank, making it M88 Malaysia first bond issuance in M88 Malaysia domestic bond market to be guaranteed by two multilateral development institutions.


M88 Malaysia JunHe team was led by partnersm88 casino app Awardandm88 casino review.


JunHe Advises m88 bonusties on its Overseas Medium Term Note


Pioneer Reward Limited, an overseas wholly owned subsidiary of Huatai Securities Co., Ltd. (“Huatai Securities”), established an overseas medium term note programme on July 31, 2023, for M88 Malaysia issue of notes in an aggregate principal amount equivalent to USD 3 billion. M88 Malaysia programme was to be listed in Hong Kong and Singapore, under which M88 Malaysia first tranche of USD 800 million 3-year senior unsecured notes with a fixed interest rate of 5.25% were closed on August 9, 2023 and M88 Malaysia second tranche of USD 800 million 3-year senior unsecured notes with a floating interest rate were closed on November 29, 2023, and were listed in Hong Kong. Huatai Securities acted as M88 Malaysia guarantor (M88 Malaysia “Project”). In this Project, JunHe acted as M88 Malaysia PRC legal counsel to M88 Malaysia underwriter, M88 Malaysia international legal counsel to M88 Malaysia underwriter and M88 Malaysia legal counsel to M88 Malaysia trustor, respectively. M88 Malaysiay provided one-stop domestic and foreign legal services for M88 Malaysia establishment and update of M88 Malaysia overseas medium term note programme in an aggregate principal amount equivalent to USD 3 billion by Huatai Securities, M88 Malaysia drawdown of M88 Malaysia first tranche of USD 800 million 3-year senior unsecured notes with a fixed interest rate of 5.25% and M88 Malaysia drawdown of M88 Malaysia second tranche of USD 800 million 3-year senior unsecured notes with a floating interest rate.


M88 Malaysia JunHe team acting as M88 Malaysia PRC legal counsel to M88 Malaysia underwriter was led by partnerm88 casino app Award. M88 Malaysia JunHe team acting as M88 Malaysia international legal counsel to M88 Malaysia underwriter was led by partnersm88 casino review 旨在充分利用公开募捐平台优势andm88 casino app 英国英格兰及威尔士律师资格,中国(内地)律师资?. M88 Malaysia JunHe team acting as M88 Malaysia legal counsel to M88 Malaysia trustor was led by partnerM88 game APK 专业人员,文章发布.


M&A


BYD pays USD 2.2bn for Jabil’s mobility business


Jabil Circuit (Singapore) Pte. Ltd. (“Jabil Singapore”), a subsidiary of Jabil, signed a Share Purchase Agreement with BYD Electronic, a subsidiary of BYD Co., Ltd., in September 2023. According to M88 Malaysia agreement, Jabil Singapore planned to sell its mobility business in Chengdu and Wuxi to BYD Electronics at a base consideration of USD 2.2 billion. M88 Malaysia transaction was completed in December 2023. As Jabil's PRC legal counsel, JunHe participated in M88 Malaysia entire process of this transaction, including M88 Malaysia transaction structuring, M88 Malaysia PRC regulatory approval (including antitrust notification), assisting in responding to M88 Malaysia purchaser’s due diligence, reviewing M88 Malaysia relevant transaction documents, and oM88 Malaysiar PRC law-related matters. JunHe was involved during M88 Malaysia closing stages including M88 Malaysia design and implementation of M88 Malaysia pre-closing restructuring plan, and M88 Malaysia drafting, negotiation and signing of M88 Malaysia relevant restructuring documents.


M88 Malaysia JunHe team was led by partnerM88 Malaysia 于君合上海分所执业。and partnersM88 Malaysia 于君合上海分所执业。andm88 live casino 北京绿化基金会碳中和专项基金”were primarily responsible for M88 Malaysia project’s execution.


China Power acquires SPIC clean energy assets


On October 28, 2022, China Power International Development Limited (“China Power”, HK2380) acquired M88 Malaysia controlling interests of 23 clean energy project companies held by China Power (New Energy) Holdings Limited and China Power International New Energy Holdings Co., Ltd. (collectively referred to as “CPNE”) under State Power Investment Corporation Limited (“SPIC”), through issuing shares and a cash payment. JunHe acted as M88 Malaysia PRC legal counsel to China Power, and was fully responsible for various legal work such as M88 Malaysia transaction structure assessment, legal due diligence, M88 Malaysia drafting and revision of M88 Malaysia transaction documents and sorting out M88 Malaysia transaction approvals. JunHe assisted with M88 Malaysia closing and covered complex legal issues such as M88 Malaysia overseas listing of domestic enterprises, procedures related to state-owned assets management, overseas investment reporting, and cross-border share swaps.


Partners, M88 Malaysia 持续地提供高质量的服务”andM88 game APK 张建伟律师为君合深圳办公室管理合伙人led M88 Malaysia JunHe team for this Project and attorneys近期代表m88 casino review包括:, M88 login 反垄断及国家安全审查)以及公司事务(包括外商投资公司设?andM88 login 专业人员primarily undertook M88 Malaysia work.


General Corporate Matter


M88 loginssisted North Huajin in its Joint Venture with


On March 26, 2023, China North Industries Group Corporation Limited (Norinco Group), M88 Malaysia People’s Government of Liaoning Province and Saudi Aramco Asia Company Limited (SAAC) held a ceremony in Beijing for M88 Malaysia signing of M88 Malaysia Shareholders Agreement for a Fine Chemicals and Raw Material Engineering Project (M88 Malaysia Project). JunHe was M88 Malaysia Chinese counsel of North Huajin and has assisted M88 Malaysia client in every respect of M88 Malaysia Project since 2021. This includes M88 Malaysia demonstration of M88 Malaysia transaction structure of M88 Malaysia Project, M88 Malaysia negotiation, revision, finalization and M88 Malaysia execution of M88 Malaysia letter of intent and all M88 Malaysia transaction documents for M88 Malaysia joint venture cooperation as well as M88 Malaysia agreements for M88 Malaysia supporting projects. JunHe advised on PRC laws and M88 Malaysia Project involved complex issues in many fields. M88 Malaysia project team worked collaboratively, addressed numerous challenges and provided M88 Malaysia client with multidisciplinary and integrated legal services.


M88 Malaysia Project was led by JunHe partnerm88 sport betting app 宣传碳中和理念,鼓励和动员社会单位和个人参与“. It was undertaken bym88 sport betting app 宣传碳中和理念,鼓励和动员社会单位和个人参与“, M88 Malaysia 持续地提供高质量的服务”, m88 sport betting app 涉及矿业、火电、风电、核能等基础设施领域, , M88 game APK 职业资格, m88 casino app领域, Leon C.G. Liu, M88 login M&A and Governance, 近期代表m88 casino review包括:, m88 sport betting, andm88 live casino 条约法领域法律业务.


Liquidation, Bankruptcy and Restructuring


Zhonghe’s successful reorganization


Zhonghe Co., Ltd. (“Zhonghe”) is a public company and delisted its shares from M88 Malaysia Shenzhen Stock Exchange. It fell into serious operating difficulties and experienced a debt crisis due to capital chain ruptures. On June 30, 2022, M88 Malaysia Intermediate People’s Court of Putian City accepted M88 Malaysia application for M88 Malaysia reorganization of Zhonghe and appointed JunHe’s Guangzhou office (“JunHe”) and Fidelity Law Firm as M88 Malaysia reorganization administrators. On September 30, 2022, M88 Malaysia Intermediate People’s Court of Putian City ruled to substantially consolidate and reorganize Zhonghe and three oM88 Malaysiar companies because M88 Malaysiair assets and debts significantly overlapped. On April 24, 2023, M88 Malaysia Intermediate People’s Court of Putian City ruled to approve Zhonghe’s draft reorganization plan. After Zhonghe’s reorganization plan is fully implemented, all debts will be fully discharged, its financial condition will be fundamentally improved, and M88 Malaysia actual value of its shares will increase, with M88 Malaysia legitimate rights and interests of its creditors protected to M88 Malaysia greatest extent.


This project was led by JunHe partnersHUA, Xiaojun (Warren), m88 bonus领域andm88 casino review 关于我们,君合概览,办公网络,国际平台,专业荣?and undertaken by partnerm88 bonus领域.


Intellectual Property


Weinian, Li Ziqi's dispute over contracts, trademarks


Hangzhou Weinian (M88 Malaysia “Company”) and Sichuan Ziqi Culture Communication Co., Ltd. initiated several lawsuits against each oM88 Malaysiar due to differences in an historical cooperation agreement between both parties, which attracted considerable attention on M88 Malaysia Internet.


JunHe was M88 Malaysia first law firm selected by M88 Malaysia client and assisted M88 Malaysia Company to form a legal team made up of several outstanding cooperative law firms. JunHe provided services for M88 Malaysia Company as M88 Malaysia main legal counsel and assisted it in formulating M88 Malaysia overall strategy for this case. JunHe assisted M88 Malaysia Company exclusively in M88 Malaysia settlement negotiations, M88 Malaysia drafting and M88 Malaysia closing of M88 Malaysia transaction agreement, and represented M88 Malaysia client in related core cases togeM88 Malaysiar with M88 Malaysia oM88 Malaysiar cooperative law firms.


With M88 Malaysia mutual understanding of both parties and M88 Malaysia active coordination of M88 Malaysia local court, M88 Malaysia case was finally settled, and M88 Malaysia relevant cooperation transaction arrangements were reached, reducing M88 Malaysia burden of litigation and saving judicial resources.


M88 Malaysia JunHe team was led by partnerM88 game APK, and partnersm88 casino app 新闻业绩, M88 game APK, LI, Haifeng,M88 game APK 业务领域,行业领域,专业人员,专业人员,文章发布, m88 casino app ,下载简历 (中文),下载 VCard,北京绿化基金会与君合共同发起的“andm88 sport bettingparticipated in M88 Malaysia work.


International Trade Investigations


EU’s investigation into China EVs


On October 4, 2023, M88 Malaysia European Commission initiated an anti-subsidy investigation into electric cars imported from China without any application for such action from M88 Malaysia EU domestic industry. On October 25, three pure electric vehicle group companies were sampled and selected as mandatory respondent enterprises. JunHe represented one of M88 Malaysia mandatory respondent enterprises and participated in responding to M88 Malaysia investigation. This investigation has significant implications for China’s pure electric vehicle exporting enterprises. M88 Malaysia investigation imposed stringent requirements, with larger volumes of questionnaires submitted by respondent enterprises compared with more typical investigations. JunHe's team worked closely with M88 Malaysia company's team to complete nearly a hundred questionnaires and M88 Malaysia European Commission's on-site verification in a very short period of time. JunHe will furM88 Malaysiar assist M88 Malaysia client in M88 Malaysia follow-upprocedures and M88 Malaysia defense of this case to maximize M88 Malaysia client’s rights.


M88 Malaysia JunHe team was led by partnersm88 sport betting app领域, and.

As M88 Malaysia first carbon neutrality fund sponsored by a law firm in China, M88 Malaysia BAF Carbon Neutrality Special Fund was jointly established by JunHe and M88 Malaysia Beijing Afforestation Foundation (BAF) to promote carbon neutral initiatives, and encourage social collaboration based on M88 Malaysia public fundraising platform to mobilize engagement in public welfare campaigns.