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ZhongYin Advises BSB on Share Issuance
2018.08.09
Author： Zhong Yin Law Firm
Recently, with the support of the team led by our senior partners Wang Ting, Tan Jun, Wu Guanghong as presenting attorneys, ZHEJIANG BSB ELECTRICAL APPLIANCES CO., LTD (short name BSB) has obtained a consent to its “Listing in Share Transfer System”([2018] No. 2697). BSB offers 93.86 million shares and raises 50,215,000 yuan in this issuance.
Founded in September 2005, BSB mainly engages in design, development, manufacture and sales of hydraulic electromagnetic circuit breakers and high voltage DC contactors. It is the first hydraulic electromagnetic circuit breaker manufacturer in China that has successfully entered the military market in the past 30 years. At present, BSB has successfully entered the new energy vehicle market. The funds raised this time will be mainly used for the construction of manufacturing facilities of high-voltage DC contactor for new energy vehicles.
The team of Wang Ting, Tan Jun and Wu Guanghong currently consists of nearly twenty professional lawyers, has extensive experience and a large number of successful cases in practicing in domestic and overseas listing, refinancing of listed companies, M & A, reorganization, NEEQ listing, private equity and investment fund, bond issuance, asset securitization, regular legal advising and other areas, and has a profound understanding of the PRC laws and regulations and regulatory practices, and thus can provide flexible, high-quality and value-adding legal services based on the different characteristics of different clients.
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Wang Ting
wangting@zhongyinlawyer.com
－Senior partner
Tan Jun
tanjun@zhongyinlawyer.com
－Senior partner
Wu Guanghong
wuguanghong@zhongyinlawyer.com
－Deputy Secretary of Party Committee
－Member of Management Committee
－Senior partner
