Dacheng provided full legal services for Zhongyin Asset and China Cinda's hundreds of millions of yuan capital increase to Zhejiang Jinko.

Release date:2024-10-09


Recently, Bank of China (601988.SH) subsidiary Bank of China Financial Asset Investment Co., Ltd. (hereinafter referred to as "Bank of China Asset") and China Cinda (01359.HK) subsidiary Wuhu Jingdaxinrong Equity Investment Co., Ltd. (hereinafter referred to as "Wuhu Jingda") and China Orient Asset Management Co., Ltd. (hereinafter referred to as "Orient Asset") jointly increased their capital in Zhejiang Jinko Energy Co., Ltd. (hereinafter referred to as "Zhejiang Jinko") and have completed the industrial and commercial change registration. After the completion of this capital increase, the registered capital of Zhejiang Jinko increased from approximately 2.055 billion RMB to approximately 2.714 billion RMB, and now Zhejiang Jinko is jointly held by Jinko Energy (688223.SH), Orient Asset, Bank of China Asset, and Wuhu Jingda.

 

The Dacheng Shanghai lawyer team led by Fu Qiang acceptedBank of China AssetandChina Cinda's entrustment, providing comprehensive legal services for this project, including conducting legal due diligence on the target company Zhejiang Jinko and its affiliates, assisting in designing and reviewing transaction structures and arrangements, drafting and reviewing transaction documents, participating in negotiations of transaction documents, and providing consulting services on relevant legal issues during the project process and issuing legal opinions.

 

Zhejiang Jinko was established in August 2006, with a business scope that includes manufacturing and sales of photovoltaic equipment and components, manufacturing of electronic special materials, manufacturing of high-performance fibers and composite materials, manufacturing of non-ferrous metal alloys, research and development of emerging energy technologies, and import and export of goods.

 

The Dacheng Shanghai lawyer team, as the special legal advisor for this project, provided professional, high-quality, and efficient legal services. The lawyer team consists of partnerFu Qiang, lawyerWan Xi,Li Shuang.

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