China Netcom Technology Mandatory General Offer

Vivien Teu & Co LLP (in Association with Llinks Law Offices) acted as the Hong Kong legal adviser of 51RENPIN.COM INC. (the “Offeror”) in respect of its mandatory general offer to acquire all the issued shares in the capital of China Netcom Technology Holdings Limited (HKEX stock code 8071) (the “Company”).  In connection with this transaction, Vivien Teu & Co LLP further advised the Offeror in respect of the acquisition of ordinary and convertible preferred shares from the chairman of the Company and a subscription of ordinary shares of the Company.

51RENPIN.COM INC. is one of the leading financial technology company in the China and is wholly owned by Hangzhou Enniu Network Technology Co., Ltd, providing debt management, financing and technology services. 51RENPIN.COM INC. created an app which manages credit card statement and has the most users of all the China’s mobile internet finance companies. 51RENPIN.COM INC. further introduced its peer-to-peer lending platform in 2015.

The deal was led by Partner Dennis Fong and senior associate Norman Lee, supported by associate Brian Ng and trainee Scott Wong.

 

张慧雯律师事务所有限责任合伙 (通力律师事务所香港联营所)就51RENPIN.COM INC.(“要约方”)对中彩网通控股有限公司(香港交易所股份代号8071)(“公司”)所有已发行股票作出强制性有条件现金要约提供法律意见。本所也就要约方收购公司主席之普通及可换股优先股以及认购本公司普通股向要约方提供意见。

51RENPIN.COM INC.由杭州恩牛网络技术有限公司拥有的科技金融企业,是中国领先的科技金融服务集团。其业务范畴包括负债管理、金融及科技服务。首次设计了一个一键智能管理信用卡账单的“51信用卡管家”APP,成为管理最多中国信用卡账单的移动互联网金融公司。51RENPIN.COM INC.并于2015年推出P2P网贷平台。

本项目由本所合伙人方纬谷律师和高级律师李乐民领导,并由律师吴康政及实习律师黄嘉铭协助。