In April 2024, IKD Company Co., Ltd., (stock code "600933," hereinafter referred to as "IKD") completed the issuance of stocks to specific investors (hereinafter referred to as "this issuance"). Llinks, acting as the issuer's legal counsel, provided comprehensive legal services for this issuance by IKD.
IKD, a leading domestic supplier specializing in precision aluminum alloy die-casting for automobiles, focuses on automotive lightweighting, energy conservation, new energy, electrification, and intelligent driving, providing solutions for lightweight aluminum alloy products to the global automotive market.
The total amount raised in this issuance by IKD is approximately RMB 1.2 billion, intended for the project of new energy vehicle structural components and power system components. The implementation of the investment projects from this fundraising will help IKD further improve its overseas new energy vehicle industry supply system, deepen its international market layout, expand its presence in the layout of new energy vehicle structural components and power system components, and enhance comprehensive and in-depth cooperation with globally renowned multinational automotive component manufacturers and new energy vehicle OEMs worldwide.
Llinks, as the issuer's legal counsel, after advice on IKD's listing on the main board of the Shanghai Stock Exchange in 2017 and its public issuance of convertible corporate bonds in 2022, once again provided professional legal services for this issuance of stocks to specific investors by IKD.
