716日,中国芯片制造商中芯国际在科创板成功上市,共募资约462. 87亿元人民币,全额行使超额配售权后募资额则为532.3亿元。锦天城律师事务所担任发行人律师,德恒律师事务所则为联席保荐人海通证券、中金公司提供法律意见。

中芯国际此次上市创下诸多第一:第一家境外已上市红筹公司回归A股、科创板开设以来募集资金规模最大的IPO、迄今A股市场融资规模最大的半导体企业IPO、也是近10年来A股市场融资规模最大的IPO

2000年创立于上海,中芯国际是中国最大的集成电路制造企业,根据IC Insights公布的2018年纯晶圆代工行业全球市场销售额排名,中芯国际位居全球第四位,在中国大陆企业中排名第一。

2004年,中芯国际曾分别于纽交所和港交所上市,但其已于20195月从纽交所退市。

此次募资中40%将用于建造生产12英寸芯片的工厂,以承接来自英伟达、高通及华为旗下海思半导体的订单。

锦天城团队牵头律师为高级合伙人朱林海、王立、鲍方舟、沈诚,及合伙人杨继伟,项目同时得到合伙人陈炜,高级合伙人史军、朱思东、何周、柴晓峰,合伙人许星杰、高翔、楼春晗,高级合伙人张莉莉、风控部主管郭溧鸣、内核委员王雅群,及高级合伙人方晓杰、张知学、黄素洁协助。

德恒团队牵头律师为合伙人徐建军、王雨微、沈宏山、王剑锋。

 

AllBright, DeHeng on SMIC’s mammoth IPO in Shanghai

AllBright Law Offices has advised China biggest chipmaker Semiconductor Manufacturing International Corp (SMIC) on its $6.6 billion initial public offering on the Shanghai STAR Market, with DeHeng Law Offices advising joint sponsors Haitong Securities and CICC.

SMIC’s IPO set a bunch of first in the A shares market: the first overseas listed red-chip enterprise to return to A-shares; the biggest IPO on the STAR Market to date; and the biggest IPO on the A shares market in the past ten years.

Founded in 2000 in Shanghai, SMIC was the fourth largest standalone chipmaker in the world in terms of sales in 2018.

It was listed in New York and Hong Kong back in 2004, but delisted from NYSE voluntarily in last May.

According to its prospectus, SMIC plans to spend 40% of the proceeds to build a plant making 12-inch silicon wafers, which would make it capable of taking high-end chip orders from the likes of Nvidia, Qualcomm and Huawei chip unit HiSilicon.

The AllBright team was led by senior partners Zhu Linhai, Wang Li, Bao Fangzhou, Shen Cheng, and partner Yang Jiwei.

The DeHeng team was led by partners Xu Jianjun, Wang Yuwei, Shen Hongshan, Wang Jianfeng.

 

To contact the editorial team, please email ALBEditor@thomsonreuters.com.