2022.10.18
On October 18, 2022, Transwarp Technology (Shanghai) Co., Ltd. (Transwarp, stock code: 688031) was listed on the STAR Market of the Shanghai Stock Exchange, meeting the second criterion for an IPO on the STAR Market. 30,210,600 ordinary shares were issued at a price of RMB 47.34 per share, raising a total amount of approximately RMB 1.43017 billion.
Established in June 2013, Transwarp is aimed at developing enterprise-level big data infrastructure software through the full life cycle of data, such as data integration, storage, governance, modeling, analysis, mining and circulation. Transwarp was one of the first companies in China to focus on the R&D of big data infrastructure software, and big data infrastructure platforms.
JunHe acted as legal counsel to the issuer in this project. JunHe has been acting as counsel to Transwarp since 2014 and has rendered legal services in areas such as private placements, IPOs on the STAR Market, intellectual property, dispute resolution and daily operations. JunHe has assisted the company in completing private placement from round A to round E, participating in the design of the transaction structure, and the drafting and negotiation, execution and closing of the transaction documents. They assisted Transwarp in its transformation into a company limited by shares by formulating an employee stock incentive plan, and issued legal opinions and other application documents for the IPO. They assisted the company to complete pre-listing tutoring acceptance, completed the IPO application, reviewed the meeting of the IPO Committee and replied to feedback from the SSE and the CSRC. JunHe have represented Transwarp in handling their debt and labor disputes and have advised the company on patent related matters and matters relating to business operations, information disclosure and data compliance.
This project was led by partners ZHAO, Min and LI, Chenliang.
Mr. LI, Chenliang was responsible for the IPO on the STAR Market, private placement and the provision of permanent legal services. Mr. TAO, Xudong was also responsible for the IPO on the STAR Market.
Mr. ZHAO, Min was responsible for litigation related matters and Mr. MAO, Jian was responsible for patent related matters. Ms. DONG, Xiao (Marissa) was responsible for data compliance matters.
