Recently, Llinks has provided comprehensive legal services, including declaring the concentration of undertakings to the anti-monopoly bureau of the Ministry of Commerce according to the regular procedure, for the new joint venture project between Contemporary Amperex Technology Co., Limited (hereinafter referred to as "CATL"), a leading company in the power battery industry, and Dongfeng Motor Co., Ltd. (hereinafter referred to as "Dongfeng Motor") of the Dongfeng Group.
As the world's leading power battery provider, CATL ranked first in the world in 2017 for its power battery sales. As CATL was known as the "Unicorn" representative of the subdivision industry, its IPO project was approved by the China Securities Regulatory Commission's Issuing Committee in early April this year.
Dongfeng Motor, a subsidiary of the Dongfeng Group, specializes in research and development, and industrialization of electric vehicles and related products. As a platform for the development and industrialization of Dongfeng Motor Vehicles, it has become a main force in the domestic electric vehicle industry.
After a lot of market researches and several rounds of communications with the Anti-Monopoly Bureau of the Ministry of Commerce, this declaration of concentration of undertakings has successfully passed the review of the Anti-Monopoly Bureau of the Ministry of Commerce a few days ago.
In addition to providing legal services for the aforementioned joint venture projects of CATL and Dongfeng Motor, Llinks also provided service regarding the declaration of concentration of undertakings for the joint venture of CATL and SAIC Group and professional legal advice for cooperation projects between CATL and Greentech. Along with the rapid development of the new energy automotive industry, enterprises have been paid attention increasingly on the declarations of concentrations of undertakings in active cooperation, mergers and acquisitions and investment activities. At the same time, Llinks also actively assists clients in dealing with different appeals in the fields of new energy automotive industry chain (including core parts and components such as "battery, motor and motor controller "and complete vehicles) effectively and efficiently on the basis of our rich experience in these areas.
Llinks Innovation Legal Service Group is a cross-disciplinary service group composed of Llinks professionals, relying on Llinks's integrated platform， to serve domestic and foreign innovative enterprises, industry groups, investment institutions, asset management agencies, investment banks and other cooperation enterprises. We will share professional experience with our clients in fields such as securities, equity investment, fund investment, information security compliance, risk prevention and control where the innovation enterprises have utmost concerns. We are committed to provide our clients with the cutting-edge legal explorations based on our capabilities of focus, creativity, and rapid response.
