Han Kun Advises China Structural Reform Fund on its Investment and Participation in CITIC Dicastal's Mixed-ownership Reform
December, 2019 - Beijing, Mainland China
Recently, CITIC Dicastal Co., Ltd. successfully completed its restructuring reform in Beijing upon the execution of transaction documents and closing procedures. This transaction is the first mixed-ownership and employee stock ownership reform to be approved by the PRC Ministry of Finance. CITIC Dicastal is the world's leading aluminum wheel and lightweight component manufacturing company, whose production and sales volume of aluminum wheels have ranked first in the world for ten consecutive years. China Structural Reform Fund participated in the reform of CITIC Dicastal, together with six other Chinese and foreign investors and employee stock ownership platforms.
Han Kun acted as the legal counsel for China Structural Reform Fund in the transaction and was fully involved in the review, revision and negotiation of the transaction documents and other ancillary documents, and the provision of legal advice and analysis for the transaction.
