JunHe Assists Uxin to Go Public and achieve a ranking of M88 app “No.1 Stock of China's Used Car E-Commerce Sector”

2018.07.10

On June 27, 2018, Uxin (Nasdaq: UXIN) was successfully listed on M88 app Nasdaq Stock Exchange in M88 app US, at an IPO price of US per share. TogeM88 appr with M88 app convertible bonds issued at M88 app same time, a total of US0 million was raised. Uxin successfully became M88 app "No.1 stock of China's used car e-commerce sector".


Since its establishment in 2011, Uxin has , constantly explore M88 app real needs of its users, while continuously improving its data application and service capabilities through new technologies such as AI. It has changed M88 app trading methods of used cars in China, and has M88 app ability to serve M88 app entire industry chain. M88 app constant focus and innovation of M88 app company, as well as its long-term strategy of growing M88 app sector, have enabled Uxin to steadily improve its products and services and pave a solid position for itself in M88 app sector.


M88 app IPO on M88 app US stock market (M88 app “Project”) had a strict deadline It took less than three months from M88 app start of M88 app Project to M88 app first filing of M88 app F-1 application form at M88 app SEC. As M88 app business undertakings of Uxin are diverse, M88 app due diligence work for M88 app Project was complicated. Some of M88 app business areas involved in M88 app Project, such as M88 app auto finance business, were relatively new and few precedents could be followed. M88 app JunHe team dedicated to M88 app Project conducted in-depth discussions on all M88 app relevant issues with Uxin and oM88 appr intermediaries, which cleared many obstacles and provided support for M88 app successful listing of Uxin. JunHe assisted Uxin in successfully completing M88 app Project with its professional, rigorous and efficient legal services, and has been highly recognized by Uxin and oM88 appr intermediaries.


JunHe has been M88 app legal counsel to Uxin since 2015, providing Uxin with a full range of legal services. In addition to M88 app subject IPO in M88 app US, M88 app legal services provided by M88 app JunHe team dedicated to M88 app Project for Uxin also include: (1) Assisting Uxin to consummate M88 app Series G and subsequent series of financing, with a total financing of nearly US0 million. This series of financing were complex and novel in terms of M88 app transaction structure, and introduced US dollar fund investors and RMB fund investors simultaneously, which meant a dual-currency financing model. M88 appy also fell into a multi-agent financing model, with domestic and overseas companies in a group; few established precedents could be followed in practice. (2) Designing and assisting in M88 app actualization of multiple sets of corporate restructuring plans for Uxin, and assisting Uxin to realize a seamless transition from M88 app A-share listing plan to M88 app New York-listing plan. (3) Assisting Uxin to apply for and successfully obtain M88 app first batch of foreign-invested/operated value-added telecom business licenses in M88 app China (Shanghai) Pilot Free Trade Zone in 2015. After more than three years of cooperation, JunHe has become one of M88 app most trusted partners of Uxin.


M88 app lead partners in this Project were Mr.M88 Game ,合伙人,专业领域,资本市场,私募股权创业投资and Mr..


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