2026.05.07
On April 25, 2026, Zhejiang Biyi Electric Appliances Co., Ltd. (stock abbreviation Biyi Shares, stock code 603215) disclosed their 2024 Annual Report on the Issuance of A-Shares to Specific Targets. The company issued A-shares to specific targets and listed them on the Shanghai Stock Exchange. The total funds raised from this issuance was RMB 482,474,885.74. These funds will be used for the construction of the China-Italy Industrial Park Smart Kitchen Appliance Construction Project (Phase II). This issuance will help the issuer enhance its core competitiveness, assist in the expansion and upgrading of the company's products and promote the development of industry technology.
Biyi Shares is a high-tech enterprise focused on the design, manufacturing and sales of small cooking appliances for the kitchen, such as air fryers, air ovens, deep fryers and grills.
JunHe was the legal advisor for this issuance and provided comprehensive legal services throughout the process. This included conducting due diligence, issuing lawyer work reports and legal opinions, and responding to feedback from the regulatory authorities. The JunHe team communicated efficiently and cooperated closely with the company and the various intermediaries, effectively promoting the smooth progress of this project. They received unanimous recognition and high praise from the company and all the participating parties.
The lead partners for this project were FENG, Ai and YOU, Yi. The handling partner was SHEN, Na and the internal review partner was LIU, Xin.
