Recently, SDIC Juli Investment Management Co., Ltd. ("SDIC Juli") completed a strategic investment of nearly RMB 300 million in Moon (Guangzhou) Biotech Co., Ltd. ("Moon Biotech").
The investor SDIC Juli is a subsidiary of State Development and Investment Group Co., Ltd. ("SDIC"). Moon Biotech, a platform-based biotechnology company focusing on microbial discovery and biomanufacturing, has built a complete industrial technology system from discovery, screening, transformation to application of microorganisms, and established the world's largest microbial strain bank and gene element bank with the highest biodiversity, and preserved more than 260,000 microbial strains with independent intellectual property rights. Relying on high-standard strain resources, in-depth microbiome research and data mining, as well as a leading synthetic biology technology platform, the company efficiently develops and provides first-class bio-based products and solutions for bio-agriculture, biomedicine, microbial protein and other subdivisions.
Moon Biotech operates in diversified sectors covering bio-agriculture, biomedicine, microbial protein and other subdivisions. The company has undergone multiple rounds of financing in its history, and the imminent implementation of the new Company Law brought complexities and unique challenges in respect of due diligence and transaction documents. JunHe, as the legal counsel to SDIC Juli, participated in the entire investment process. JunHe’s team conducted comprehensive legal due diligence on Moon Biotech and issued the due diligence report. During the drafting, modification, and negotiation of transaction documents, JunHe’s team engaged in multiple rounds of coordination, communication, and amendments with respect to the contractual terms with all parties, and provided full support for the closing of the transaction. JunHe's team with its consistently efficient and meticulous work style, as well as its dedicated and professional service attitude, earned the recognition of the client and the transaction counterparty.
Partners TAO, Xudong and CUI, Wenhui led JunHe’s team for this project, and Partner YAO, Jiwei (Jervis) undertook the major work, with professional support from Partner XING, Jingjing.