Asset Acquisition by Qingdao Hanlan Unconditionally Approved by the M&A Committee of CSRC
On April 5, 2012, the project of asset acquisition through non-public issue of shares by Qingdao Hanlan Co., Ltd was unconditionally approved by the M&A Committee of Chinese Securities Regulatory Commission.
Upon completion of this project, Qingdao Hanlan Co., Ltd will obtain all the business and human recourses in the area of nuclear power cable from Changzhou Bayi Cable Co., Ltd.
DHH Layers Guo Enying and Yang Rui provided full legal services for this project, including designing trading scheme, participating negotiations, undertaking due diligence, providing legal advisory paper etc. The meticulous, professional and efficient legal services of DHH lawyers won unanimous recognition from both the issuer and the other intermediaries.