Fangda represented China Mobile in its RMB 4 billion equity investment in China Electronics
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Fangda Partners represented China Mobile Communications Group Co.,Ltd. (“China Mobile”) in its equity investment in China Electronics Limited Company as part of CEC Group’s mixed ownership reformation and strategic investment. The transaction involves an investment amount of RMB 4 billion by China Mobile. The transaction was signed in August 2021. The Fangda team on this deal was led by corporate partner Yingjie Wang and assisted by Wang Kai and Li Guanying. Fangda handled legal due diligence and negotiation and revision of legal documentations. China Mobile is one of the largest telecommunication service providers in China, and this project is one of the pilot programs for SOE mixed ownership reformation.
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