Han Kun represents UCAR in successfully dismantling its Red Chip Structure and listing on the National Equities Exchange and Quotations
2016-07-22
UCAR Inc. ("UCAR") has successfully dismantled its Red Chip structure and listed on the National Equities Exchange and Quotations ("NEEQ"). Han Kun, as the legal counsel, provided legal services to UCAR for the company's dismantling of its Red Chip Structure and listing application.
As the operating entity of the famous internet chauffeured car service app "Shenzhou Zhuanche", UCAR is the first Internet chauffeured car service company listed on the capital markets. During the application process for the NEEQ listing, UCAR successfully attracted investments from many domestic and overseas investment institutions and completed two rounds of strategic investments.
Han Kun primarily assisted with designing the Red Chip reorganization plan, legal due diligence, share structure reform, drafting transaction documents and providing legal opinions.