The H-share listed company iMotion Automotive Technology (Suzhou) Co., Ltd. (“Company” or “iMotion Technology”) successfully completed an issuance of 4,427,000 shares on the Main Board of The Stock Exchange of Hong Kong Limited (HKEX) on December 2, 2024, with proceeds primarily allocated for enhancing R&D for advanced intelligent driving and automated driving and for cockpit integrated solutions and products.
iMotion Technology focuses on the mass-market implementation of advanced driver assistance systems (ADAS). With cutting-edge autonomous driving algorithms, exceptional hardware-software integration capabilities, and extensive engineering expertise, the Company builds core technological advantages to deliver accessible, high-value intelligent mobility solutions.
As a pioneering law firm for legal services in the new energy sector, Fangda Partners continues to provide comprehensive and exceptional legal support to industry clients, including new energy vehicles (NEV) manufacturers, battery producers, autonomous driving hardware makers and service providers, and supply chain players. Fangda Partners has helped iMotion Technology and other Chinese enterprises achieve key milestones and long-term business goals, witnessing their significant achievements in capital markets and becoming a loyal partner in their development.
Fangda Partners acted as the PRC legal counsel to the placing agent, providing comprehensive legal services for the transaction, including the filing with the China Securities Regulatory Commission. The Fangda team was led by partners Jeffrey Ding and Brian Liu. Team members included Shi Shengjie, Jacky Yang, Jasper Gao, and Kerry Huang.
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