Marketingforce Management Ltd. ("Marketingforce" or the "Company", HKEX: 02556) recently completed two new share placements, with the JunHe team acting as the Company's PRC legal counsel. Marketingforce issued a total of 21,105,800 shares through the two new share placements, raising approximately HKD 1.315 billion. 

With the rapid development of large domestic AI models this year, market sentiment has been boosted in the AI industry and AI SaaS is a promising prospect. The JunHe team advised Marketingforce on the new share placement throughout the entire process, assisted with the China Securities Regulatory Commission filing and cooperated with the Company and the other intermediaries in successfully implementing the project. 

Marketingforce was established in 2009 and is a global leader in AI SaaS intelligent marketing cloud platforms. The Company focuses on digitalization and intelligence and provides comprehensive digital services while integrating advanced multimodal large models. It has developed AIGC products such as AI-generated text/images/videos, intelligent customer service, and intelligent marketing decision-making systems. These products offer clients full-chain, all-scenario intelligent services that integrate "efficient customer acquisition across areas, precise demand identification, automated marketing management, and customer conversion through e-commerce."

Partners WANG, YiSHANG, Shiming (George) and WAN, Shang led the JunHe team, and partner LAO, Chengzhe provided support for the internal control matters.