Recently, Jiangsu Zenergy Battery Technologies Group Co., Ltd. (“Zenergy”, stock code: 3677.HK) successfully completed a new share placement on the Main Board of the Hong Kong Stock Exchange. A total of 45.921 million new shares were issued in this placement, raising approximately HKD 504 million. Fangda Partners acted as Zenergy’s PRC legal counsel and provided comprehensive legal services throughout the placement and assisted Zenergy in completing its filing procedures with the China Securities Regulatory Commission (CSRC).

Zenergy is a leading lithium-ion battery manufacturer in China and a national high-tech enterprise specializing in the research, development, production, and sale of lithium-ion power batteries and energy storage batteries. The company focuses on power battery products, energy storage battery products, and aviation battery products, providing integrated solutions covering battery cells, modules, packs, clusters, and battery management systems.

The Fangda team providing legal services for this transaction was led by partners Jeffrey DING and Brian LIU. Team members included SHI Shengjie, FAN Fan, Merlin SONG and Charlie MENG. Fangda Partners previously acted as Zenergy’s PRC legal counsel in connection with its initial public offering (IPO) and listing on the Main Board of the Hong Kong Stock Exchange.