Gleiss Lutz advises Sunshine Lake Pharma on IPO in Hong Kong

Stutt­gart — Gleiss Lutz has advi­sed Chinese Suns­hine Lake Pharma Co., Ltd. on the German law aspects of its IPO on the Hong Kong Stock Exch­ange and the priva­tiza­tion of its subsi­diary YiChang HEC.

In connec­tion with the IPO of Suns­hine Lake Pharma, Gleiss
Lutz has prepared a legal opinion on its prin­ci­pal German subsi­diary, HEC Pharm GmbH.

The priva­tiza­tion was effec­ted through a merger of YiChang HEC with Suns­hine Lake Pharma by way of acqui­si­tion, wher­eby new H shares of Suns­hine Lake Pharma were offe­red as compen­sa­tion for the acqui­si­tion of the H shares of the rele­vant share­hol­ders of YiChang HEC. The priva­tiza­tion and the IPO were condi­tio­nal upon each other. Upon comple­tion, YiChang HEC was delis­ted and Suns­hine Lake Pharma was listed on the Hong Kong Stock Exch­ange, with the share­hol­ders of YiChang HEC beco­ming share­hol­ders of Suns­hine Lake Pharma through a share swap as part of the privatization. 

Suns­hine Lake Pharma is a verti­cally inte­gra­ted phar­maceu­ti­cal company enga­ged in the rese­arch and deve­lo­p­ment, manu­fac­tu­ring and commer­cia­liza­tion of phar­maceu­ti­cal products, with a focus on inno­va­tive medi­ci­nes. The company is also active in the areas of modi­fied new drugs, gene­rics and biosimilars. 

Advi­sor to Suns­hine Lake Pharma: Gleiss Lutz

Led by Dr. Michael Burian (Part­ner, Frank­furt) and Dr. Yixiao Li (both M&A, Stuttgart).
Dr. Anselm Chris­ti­an­sen (Part­ner, Stutt­gart), Sonja Hilgert (Berlin),
Alex­an­dra Brücher (all M&A, Stutt­gart), Dr. Stephan Aubel (Part­ner,
Capi­tal Markets Law, Frank­furt), Dr. Enno Burk (Part­ner), Christoph
Schoppe, Dr. Xiao Chen (all Health­care & Life Scien­ces, all Berlin),
Dr. Jacob von Andreae (Part­ner), Aylin Hoffs (Coun­sel, both
Foreign Trade Law, both Düssel­dorf), Dr. Ocka Stumm (Part­ner), Dr.
Johan­nes Heck (both Tax Law, both Frank­furt), Jose­fine Chakrabarti
(Coun­sel, Employ­ment Law, Berlin), Maxi­mi­lian Leisenheimer
(Real Estate Law, Frank­furt), Dr. Simon Wagner (Coun­sel, Commercial,
Stutt­gart), Simon Clemens Wegman (Data Protec­tion Law, Berlin).