6 April 2021, Gotion High-tech Co., Ltd. passed the review of the introduction of foreign strategic investment project by the non-public issuance after the new regulations come into effect ——Volkswagen (China) Strategic Investment in Gotion High-tech Co., Ltd. Since the implementation of the regulatory requirements for the introduction of strategic investors by listed companies through non-public issuance of stocks in 2020, this project is the first project in which a listed company that has passed the review of introducing foreign strategic investors through non-public issuance.
Volkswagen (China) Investment Co., Ltd. Is Volkswagen Aktiengesellschaft's regional headquarter in China, responsible for business in China, and will be the main platform of Volkswagen Aktiengesellschaft in China to achieve its new energy car strategy. Gotion High-Tech Co., Ltd. Is the leading power battery system provider in the country. According to the statistics of the Institute of GGII, the installed quantity of power batteries of Gotion High-Tech Co., Ltd. in 2020 is about 3.24 GWh, ranking top 5 in the country.
Llinks is on behalf of Gotion High-tech Co., Ltd. in dealing with its restructuring and listing, allotment of shares, issuance of convertible corporate bonds and the non-public issuance of stocks.
