Yingke Law Firm Successfully Promoted the Mexican Cross-Border Investment Project of Man Wah Holdings Limited (HK 01999)

Zhai Caijuan lawyer team of Yingke Law Firm successfully promoted the Mexican cross-border investment project of Man Wah Holdings Limited (HK 01999), the listed company announced on January 18, 2022.

A wholly-owned subsidiary of Man Wah Holdings Limited (HK 01999) (buyer) signed a land purchase agreement with HOFUSAN Industrial Park Co., LTD. (seller) on January 18, 2022. The buyer agreed to purchase from the seller a land with the total area of 338,921.73 square meters in the HOFUSAN Industrial Park located in Monterrey, Nuevo Leon, Mexico, for the construction of the plant.

The main purpose of this project is to deal with the risk of global ocean freight fluctuations, reduce logistics costs and expand the North American market, to meet the needs of the North American market and enhance the group’s share in the North American market.

Man Wah Holdings Limited (the “company”, “company” or “Man Wah”, together with its subsidiaries, the “group” or “we”). Man Wah was founded in 1992. The group is headquartered in Hong Kong. In the United States, Man Wah Holdings Limited) was founded in 1992. The group is headquartered in Shatin District, New Territories, Hong Kong. It has many subsidiaries, branches and affiliates in the United States, Britain, China and other global core economic regions and cities. Its main business involves the R & D and sales of sofa, mattress, panel furniture and furniture accessories.

Lawyer Zhai Caijuan is the global partner of Yingke Law Firm, the partner of Yingke China, the vice chairwoman of Yingke China board, and partner of Yingke Guangzhou. She is also a member of Guangdong Province talent pool for lawyers handling foreign-related matters, the secretary general of the 11th securities law committee, a director and mediator of Guangzhou International Commercial Mediation Center, and a member of IBA and member of IPBA. She specializes in litigation and non-litigation legal services on domestic and foreign mergers and acquisitions, capital market, foreign investment, private equity, foreign-related private business and other investment and financing fields. Her representative clients are a wholly-owned subsidiary of Poly Developments and Holdings, Yango Group Co.,Ltd, Media Group Co.,Ltd, Zhongliang Holding Group, Ban Loong Holdings Limited, China Energy Development Holdings Limited and other enterprises.