本周,两家中国企业先后发行全球存托凭证(GDR)并在瑞士证券交易所成功上市。锂电池生产商欣旺达募资约4.4亿美元,五金工具制造商巨星科技则募资约1.55亿美元。
在欣旺达项目中,年利达律师事务所担任发行人外国法律顾问;竞天公诚律师事务所、富而德律师事务所则担任承销商中国及外国法律顾问。
在巨星科技项目中,天册律师事务所、高伟绅律师事务所担任发行人中国及外国法律顾问;安理国际律师事务所则为承销商提供服务。
欣旺达成立于1997年,总部位于深圳,是全球锂离子电池领域领军企业、世界领先智能手机和笔记本电脑品牌的主要供应商。欣旺达于2011年在深圳证券交易所上市。
巨星科技成立于1993年,总部位于浙江杭州,是全球领先的工业五金和手动工具制造商,其A股在深圳证券交易所上市。截至2022年6月底,巨星科技在全球拥有21座生产设施。
至此,今年已成功发行GDR并上市的中国企业共达9家,其中1家选择伦交所,8家选择瑞交所。
欣旺达项目中,年利达团队由资本市场业务部合伙人李家栋牵头,由公司业务部合伙人徐宏共同完成;富而德团队由中国区资本市场业务主管王昶舜、合伙人范垂颢和Simone Bono牵头领导。
巨星科技项目中,天册团队由合伙人孔瑾领导;高伟绅团队由中国区联席管理合伙人王彦峰律师和合伙人张珮真律师共同领导;A&O团队则由合伙人许智豪和刘公伟领导。
Linklaters, CC on new wave of Swiss listings
Battery maker Sunwoda Electronics and hand tools manufacturer Hangzhou Greatstar Industrial have debuted on the Swiss stock exchange this week, raising $440 million and $155 million, respectively.
In the Sunwoda project, Linklaters acted as foreign legal adviser to the issuer, while Jingtian & Gongcheng, Freshfields Bruckhaus Deringer advised the sponsors.
Meanwhile, in the Greatstar project, T&C Law Firm, Clifford Chance acted for the issuer, with Allen & Overy advising the sponsors.
Shenzhen-listed Sunwoda is the world's biggest consumer battery maker by installed capacity. It engages in the development, design, production and sale of lithium-ion battery modules.
Hangzhou-headquartered Greatstar is engaged in the research and development, manufacture and distribution of hardware and tools and intelligent equipment. The Company distributes its products within domestic market and to overseas markets.
By far, nine Chinese companies have offered and listed their Global Depository Receipts (‘GDRs’) overseas this year. Eight chose to be listed on SIX Swiss Exchange and one on London Stock Exchange.
The Linklaters team was led by partner Lipton Li, with assistance from partner John Xu; the Freshfields team was led by the head of China ECM Richard Wang, partner Howie Farn, and Simone Bono.
The T&C team was led by partner Kong Jin; the CC team was led by the firm’s China co-managing partner Tim Wang and partner Zhang Peizhen; and the A&O team was led by partners Jonathan Hsui and Kung-Wei Liu.