Chaozhou Three-Circle Group’s Stock Offering

JunHe advised Chaozhou Three-Circle Group on the deal.

Chaozhou Three-Circle Group Co., Ltd. completed a stock issuance to a specific target.

Three-Circle Group issued 79,033,430 shares in this offering, at the issuance price of RMB 27.52 per share, corresponding to 120.81% of the minimum issuance price. The total amount raised was RMB 5.8746 billion, corresponding to 270% of the total proceeds of this offering. The funds raised from this offering were mainly invested in a technical innovation project for expanding the production of high-quality multi-layer chip ceramic capacitors for 5G communications as well as a project for the industrialization of ceramic chippers for semiconductor chip packaging.

The JunHe team was led by Partner Chunyang Shao (Picture), Partner Cheng Feng and partner was Ms. Xin Liu.

Involved fees earner: Cheng Feng – Jun He Law Firm; Xin Liu – Jun He Law Firm; Chunyang Shao – Jun He Law Firm;

Law Firms: Jun He Law Firm;

Clients: Chaozhou Three-Circle Group ;

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Author: Michael Patrini