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Advised Xiezhong International Holdings Limited on its privatisation

Advised Xiezhong International Holdings Limited (“Xiezhong International”) (stock code: 3663) on its privatisation by way of a scheme of arrangement, and the proposal for privatisation has been approved by its shareholders in the court meeting and the extraordinary general meeting, and approved by the Grand Court of the Cayman Islands. The shares of Xiezhong International have been withdrawn from listing on the Hong Kong Stock Exchange since 4:00 p.m. on 7 July 2021.

Xiezhong International through its subsidiaries is principally engaged in the development, production and sales of automotive HVAC systems and a range of automotive HVAC components, the provision of technical testing and related services and the operation of 4S dealership stores in the PRC.

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