Dacheng Advises Shenzhen Fenda Technology Co., Ltd. on Major Assets Restructuring
Recently, the major assets restructuring plan of Shenzhen Fenda Technology Co., Ltd. gained approval from CSRC. The company was advised by attorneys Zhang Xiangfa and Zhao Ya from Dacheng’s Gaungzhou office. 

Shenzhen Fenda Technology Co., Ltd. (“Fenda Technology”, stock code: 002681) is a leading company in electro-acoustic products, mobile audio technology and healthcare appliance products in China. It had its IPO and was listed on the Shenzhen Stock Exchange in June 2012. 

Ruihua Certified Public Accountants LLP acted as auditor for the major assets restructuring project, Beijing Zhongtianhua Asset Appraisal Co., Ltd. acted as asset appraisal agency and attorneys from Dacheng’s Guangzhou office provided legal counsel for Fenda Technology. The team included attorneys Zhang Xiangfa, Zhao Ya and Ma Jingjing, with Zhang and Zhao signing attorneys’ opinion letters. The team was responsible for conducting due diligence, issuing attorneys’ opinion letter, assisting Fenda Technology in devising the transaction plan, participating in negotiations, drafting and reviewing all legal documents required in the transaction, and participating in the review meeting held by M&A and Restructuring Committee of CSRC. 

The quality and efficient services Dacheng has rendered guaranteed the smooth progression of the transaction and won recognition from the client and other intermediaries.