Microvast Power System’s €381.46 Round Funding

Zhong Lun Provides Legal Services to Microvast Power System (Huzhou) Co., Ltd. on the transaction

Microvast Power is an enterprise engaged in design, development & research and manufacturing of power battery. It has recently received investment of nearly RMB3 billion from CITIC Securities, CDH Investment, National Venture Capital, and others.

The valuation of Microvast Power has reached nearly RMB13 billion.

Zhong Lun Law Firm assisted Microvast Power in completing the above transaction and participated in drafting and negotiating transaction documents throughout the whole process.

The legal team from Zhong Lun Law Firm was led by Michael Zhang (Picture) and the key team members included Tu Hao and Zhang Wei.

Involved fees earner: Michael Zhang – Zhong Lun Law Firm;

Law Firms: Zhong Lun Law Firm;

Clients: Microvast Power System Co., Ltd.;

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Author: Michael Patrini