On February 26, 2024, Yaoji Technology Co., Ltd. (hereinafter referred to as "Yaoji Technology")'s convertible corporate bonds (hereinafter referred to as "convertible bonds") were listed and traded on the Shenzhen Stock Exchange. Llinks, as the issuer's legal counsel, provided legal services for Yaoji Technology's issuance of convertible bonds this time.
Yaoji Technology is committed to three major businesses: poker card production and sales, mobile gaming, and internet marketing. As one of the six well-known brands in the poker card industry in China announced by the China Educational Equipment Industry Association, Yaoji Technology enjoys a good reputation in the domestic and international poker card markets. Meanwhile, Yaoji Technology is rooted in its traditional main business while continuously expanding and extending its business in the mobile gaming and internet fields. Currently, it has developed multiple high-quality original online games and built a complete internet marketing chain covering data analysis, performance marketing, performance optimization, short video content production, and content marketing.
The total amount of funds raised by Yaoji Technology in this issuance of convertible bonds is 583 million yuan, mainly intended for the construction of a production base with an annual output of 600 million pairs of poker cards. The implementation of this fundraising investment project will help Yaoji Technology solve production capacity bottlenecks and further expand its market share.
As the issuer's legal counsel and a long-term partner of Yaoji Technology, Llinks has provided professional legal services for Yaoji Technology's issuance of convertible bonds this time, following its assistance to Yaoji Technology in completing its listing on the Shenzhen Stock Exchange in 2011, non-public issuance in 2016, and a series of important acquisitions and strategic investments since its listing.
