$XTALPI(02228.HK)Sidley Austin LLP represented Jingtai Holdings in its third placement, led by partners Ding Meng and Yu Jiahui. The firm had previously represented Jingtai in its IPO and first two placements, demonstrating a high level of trust and continued collaboration.

Value of Legal Services

• Integrating Capital and Technology: Lawyer Ding Meng's background in physics (Ph.D. in Physics from MIT, former Silicon Valley tech expert with experience in R&D at IBM and AMD) and capital markets experience enable him to deeply understand Jingtai's technology-driven model. He provides targeted legal strategies in areas such as issuance structure, investor selection, and information disclosure.

• Enhancing Legal Compliance and Market Confidence: The placement involved institutional investors, raising significant capital (approximately HKD 2.65 billion). Thorough legal compliance helped boost market confidence.

• Strategic Continuity: Sidley's ongoing support for Jingtai across multiple stages of capital market activities highlights its role as a core legal partner in the company's growth strategy.