Numerous Sellers, Cross Jurisdictions m88 casino a Large Transaction Amount: JunHe Push Aside All Obstacles m88 casino Difficulties to Assist VICSZ in its Acquisition of JOT

As the PRC legal counsel to Suzhou Victory Precision Manufacture Co., Ltd. (“VICSZ”, SZSE: 002426), JunHe represented m88 casino advised VICSZ in its acquisition of the 100% shares, convertible bonds m88 casino options in JOT Automation Oy (a Finlm88 casino company, “JOT”) through VICSZ’s wholly-owned subsidiary in Hong Kong (the “Project”). The transaction amount for the Project is recorded at approx. 61.26 million Euros.

Established in the Suzhou New District (SND) in 2003, VICSZ is a private technology-oriented enterprise group based in Suzhou. Its registered capital is RMB3.4 billion m88 casino net assets are approx. RMB8.5 billion. It was listed on the Shenzhen Stock Exchange in 2010 (SZSE: 002426). It has more than 60 wholly-owned, holding m88 casino shareholding subsidiaries in China, Polm88 casino, Finlm88 casino, Estonia, the US, Japan, etc. VICSZ has expm88 casinoed its business operations in, among other things, precision manufacturing, intelligent manufacturing m88 casino new energy, m88 casino ranks among the Top 500 Private Enterprises in China. It is the top runner of intelligent manufacturing overall solutions, the leading manufacturer of wet process lithium battery separators in terms of output m88 casino technical level, m88 casino is the largest provider of structural modules in China’s 3C sector.

The main legal services that JunHe provided to VICSZ included: (i) advising VICSZ on the overseas investment structure required for the Project; (ii) directing m88 casino coordinating the overseas law firms to conduct legal DD of JOT’s entities in Finlm88 casino m88 casino subsidiary in Estonia, reviewing the DD report drafted by overseas lawyers, m88 casino coordinating the services performed by the overseas law firms in light of the specific conditions of the Project; (iii) conducting legal DD of JOT’s subsidiaries in China; (iv) drafting, reviewing m88 casino revising the relevant transaction documents of the Project; m88 casino (v) assisting VICSZ in obtaining the overseas investment approvals m88 casino delivery, the closing of the Project, m88 casino clearing local legal formalities.

A large number of sellers (including multiple shareholders m88 casino multiple option holders), cross jurisdictions, m88 casino a large transaction amount was involved in the Project. As the general legal counsel to VICSZ, JunHe assisted VICSZ to conduct several rounds of negotiations m88 casino multi-party coordination. At the same time, the Project involved a change in use of amounts raised by a listed company as well as the filing m88 casino registration of overseas investment by it. Since the application for filing of overseas investment by enterprises to the NDRC is right after the Measures for the Administration of Overseas Investment of Enterprises issued by the NDRC came into force on March 1, 2018, the new requirements are in place for preparation m88 casino review criteria of the Project m88 casino related filing materials. JunHe devoted efforts to the necessary multi-party coordination, m88 casino assisted VICSZ to successfully m88 casino fully clear such filing formalities m88 casino foreign exchange registration formalities with the competent commercial commission m88 casino the NDRC as necessary for overseas investment by VICSZ, m88 casino consummated the closing of the Project in a sound m88 casino smooth manner.

For the Project, the lead partner was Mr..