On 4 April, 2018, Contemporary Amperex Technology Co., Limited ( hereinafter referred to as "issuer" or "CATL"), who had applied for initial public offering of shares, approved to be listed by the Stock Exchange of China Securities Regulatory Commission. As an issuer's lawyer, Llinks provided legal services for Ningde Contemporary's IPO project. This is another representative project of Llinks Innovation Legal Service Group Servicing Innovative Enterprises.
On 30 March 2018, the General Office of the State Council forwarded the "Circular on Several Opinions on Launching Pilot Projects for Issuing Domestic Shares or Depositary Receipts within the Innovative Enterprise" of the China Securities Regulatory Commission. The domestic capital market has entered the pilot period under new policy, docking innovative companies. As a representative innovative enterprise, the issuance and listing of the A-share stock of CATL has won a wide market attention.
CATL was established in 2011 and has grown into a leading supplier of power battery systems in the world. Its 2017 operating revenue was approximately RMB 20 billion. According to GGII statistics, CATL ranked the world's No. 1 power battery system sales in 2017. CATL has long-term strategic cooperation with well-known automobile companies including Yutong Group, SAIC, Beiqi Group, Geely Group, FJMG, CRRC, Dongfeng Group and Chang'an Group, and so on. CATL has entered the supply systems of international first-class vehicle enterprises, including BMW, Benz, Volkswagen and so on.
The Llinks Innovation Legal Service Group is a multi-disciplinary service group established by all of Llinks professionals, relying on Llinks integrated platform to actively serve domestic and foreign innovative companies, industry groups, investment institutions, asset management agencies, investment banks and other partners. We will share professional experience with our clients in securities, equity investment, fund investment, information security compliance, and risk prevention and control that are most concerned with in the field of innovation. We are committed to provide our clients with the most advanced legal exploration based on our capabilities of focus, creativity, and rapid response.