Carey Olsen advises on JinkoSolar's STAR Market IPO
凯瑞奥信 (Carey Olsen) 为晶科能源在科创板的首次公开募股提供法律服务
Carey Olsen's corporate team in Hong Kong SAR has advised JinkoSolar Co. Ltd., the main operating subsidiary of one of China's largest solar module manufacturers, JinkoSolar Holding Co Ltd (JinkoSolar), on its initial public offering (IPO) on the Shanghai Stock Exchange's Sci-Tech innovation board (STAR Market).
凯瑞奥信在香港特别行政区的公司事务团队为晶科能源股份有限公司 (JinkoSolar Co. Ltd.) 在上海证券交易所科创板（以下简称“科创板”）的首次公开募股（以下简称“IPO”）提供法律服务。晶科能源股份有限公司是作为中国最大型太阳能组件制造商之一的晶科能源控股有限公司（以下简称“晶科能源”）旗下的主要运营子公司。
The IPO, which raised gross proceeds of US$1.58 billion, will support JinkoSolar's plans for expansion, particularly in relation to its manufacturing, and research and development facilities in Haining, Zhejiang Province, China.
Working alongside onshore counsel KWM Shanghai, the Carey Olsen team advising JinkoSolar on all British Virgin Islands and Cayman Islands legal and regulatory aspects of the STAR Market listing was led by partner Michael Padarin, assisted by legal manager Eason Huang.
Michael said: "We are delighted to have been involved in JinkoSolar's Shanghai stock market debut. The STAR Market is growing in popularity all the time and is a perfect fit for high-tech companies such as JinkoSolar with long research and development cycles."
JinkoSolar distributes its solar products, solution and services to a diversified utility, commercial and residential customer base in more than 160 countries, including the likes of China, the US, Japan, Germany, the UK, Chile, South Africa, India, Mexico, Brazil, Italy, Spain, France and the United Arab Emirates.
As of 30 September 2021, the company had built a vertically integrated solar product value chain, with an integrated annual capacity of 31 gigawatts (GW) for mono wafers, 19 GW for solar cells, and 36 GW for solar modules.
此次 IPO 所募集的 15.8 亿美元总收益将用于支持晶科能源的扩展计划，特别是与该公司在中国浙江省海宁市的制造和研发设施相关的计划。
在合伙人彭德贤 (Michael Padarin) 的领导下及法务经理黄伟 (Eason Huang) 的协助下，凯瑞奥信团队与金杜律师事务所上海分所的境内律师合作，就科创板上市所涉及的英属维尔京群岛和开曼群岛的所有法律和监管问题向晶科能源提供法律服务。
彭德贤 (Michael Padarin) 表示：“我们很高兴参与了晶科能源在上海股市的首次亮相。科创板持续发展成为日益受欢迎的上市板块，非常适合像晶科能源这类研发周期长的高科技公司。”
晶科能源为全球 160 多个国家/地区（包括中国、美国、日本、德国、英国、智利、南非、印度、墨西哥、巴西、意大利、西班牙、法国和阿拉伯联合酋长国）的各种公用事业单位、商业和住宅客户群提供太阳能产品、解决方案和服务。
截至 2021 年 9 月 30 日，该公司已建立了一条垂直一体化的太阳能产品价值链，单晶片的综合年产能为 31 吉瓦，太阳能电池为 19 吉瓦，太阳能组件为 36 吉瓦。
