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Reed Smith Enlisted by China Sun Group
Reed Smith has been brought on as U.S. corporate and securities counsel for China Sun Group High-Tech Co., which supplies raw materials for rechargeable Lithium-ion batteries in China.
In its role, Reed Smith will handle U.S. securities filings, compliance work and transactions in the U.S., and will ensure China Sun Group’s compliance with the Securities and Exchange Commission.
According to a press release, China Sun is emerging as one of the world’s leading suppliers of anode materials for lithium ion batteries. The company has made several moves recently to increase its production capacity in order to meet the growing demand for the green technology.
“We are thrilled at the opportunity to work with China Sun Group, especially at this juncture in which it is poised to capture a significant market share in the growing demanding for Li ion battery materials,” said Los Angeles-based attorney Allen Z. Sussman, a partner in Reed Smith’s Corporate & Securities Group.
Sussman will serve as China Sun’s lead outside counsel, and will head the legal team that will guide the company’s disclosure and compliance obligations under SEC and stock exchange rules, as well as its ongoing corporate governance issues, complex securities law matters and capital-raising transactions.
Reed Smith frequently handles cross-border transactions for Chinese companies and foreign companies doing business in China. The firm established a presence in China in 1980 and has become one of the largest law firm’s serving the Asia-Pacific region.