On August 24, 2015, CPT Technology (Group) Co., Ltd received the Official Reply on Approving CPT Technology (Group) Co., Ltd for Issuing Public Corporate Bonds to Qualified Investors issued by China Securities Regulatory Commission (vide ZJXK [2015] No. 1956), which approves the company to issue corporate bonds to qualified investors, with the total face value of not more than RMB 1.6 bln.

Fuzhou-based senior partners Li Qingqing and Ye Zhiwei, along with the team members attorneys Tang Lingdan and Li Yanmei advised on the project, including but not limited to due diligence towards CPT Technology (Group) Co., Ltd and its subsidiaries, preparing legal opinions, reviewing and revising the prospectus, underwriting agreement and other documents for this offering. Dacheng did its job efficiently and professionally during the whole offering.

CPT Technology (Group) Co., Ltd was known as Mindong Electric (Group) Co., Ltd, which was listed on SZSE in November 1993 (stock code: “000536”). In 2009, the company received the official reply of CSRC on major asset restructuring, approving the company’s purchase of, in the mode of issuing shares, 75% of the equities in four LCM companies respectively under Chunghwa Picture Tubes Ltd,. Chunghwa Picture Tubes Ltd and Tatung Company became the actual controllers of the company. In January 2011, the company was renamed as “CPT Technology (Group) Co., Ltd” (the stock name was changed to “CPT Technology”). The restructured company is mainly engaged in R&D, design, manufacture, sale and after-sales services of new flat panel display devices, LCD, modules and parts.