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GLO advises Skyworth Digital on its asset acquisition via share issue
2016-04-20

On 12 April 2016, the deal of asset acquisition via share issue by Skyworth Digital Technology Co., Ltd (“Skyworth Digital”, a China listed public company, trading code: 000810) was unconditionally approved by China’s CSRC.

 

Global Law Office acted as the legal counsel to Skyworth Digital and provided a full range of legal services for this project. Global’s team was led by our partner Mr. Zhang Yu, and the other team members include Mr. Lu Shuguang and Ms. Li Meihua. In addition, Mr. Liu Jinrong, Ms. Kang Qiuning, and Ms. Ye Hua provided strong support to this project and dealt with the application to the MOFCOM for approval of the Strategic Investor’s qualification.

 

This is another important project in which Global Law Office worked with Skyworth Digital after China’s first reverse merger case in which a red chip Hong Kong listed public company spins off part of its China business to list on A share market—Skyworth Digital Holding Ltd, a Hong Kong listed public company, achieved the spin-off and listing of its domestic set-top box business (valued at RMB 3.5 billion) in A share market.