Jing-Jin Electric Technologies Co., Ltd. (“JJE”; Stock Code: 688280.SH) completed its IPO and listing on the Science and Technology Innovation Board of the Shanghai Stock Exchange (SSE STAR Market) on October 27, 2021. The company offered 147,555,000 shares at RMB 13.78 per share, raising approximately RMB 2.0333079 billion or RMB 1.8547369 billion after the deduction of the issuance cost (exclusive of value added tax).

JJE is a Chinese leading supplier of electric drive systems for new energy vehicles engaged in the R&D, production and sales of electric drive systems, and the provision of relevant services. The company has developed independent core technologies and created a complete product layout for drive motor, controller and transmission assemblies. The company has delivered overall electric drive system solutions to customers, earned trust from domestic and foreign new energy vehicle makers for its superior product performance, outstanding system-level supply capacity, leading R&D level and efficient technical services, and become one of China's few suppliers for core parts of new energy vehicles that can endlessly get mass production orders for electric drive systems from world-renowned automakers. The company has persisted in independent R&D and innovation, established an international R&D team and a global organizational structure, and built R&D and production bases in Beijing, Shanghai, Zhengding, Heze, Yuyao and Detroit.

Jingtian & Gongcheng has served JJE for years. As the legal adviser to the IPO, Jingtian & Gongcheng's legal team has provided full-process legal services to JJE, including red chip restructuring, shareholding reform, designing the special voting right, making application documents and answering feedback from the regulator, earning high praise from the client and relevant partners for its professionalism, high efficiency and creativity.