Davis Polk & Wardwell LLP advised Merrill Lynch, Pierce, Fenner & Smith Incorporated and Deutsche Bank Securities Inc. as joint bookrunners and representatives of the underwriters of an offering by ChinaCache International Holdings Ltd. and certain selling shareholders of 6,060,980 American Depositary Shares, each representing 16 ordinary shares of ChinaCache. The offering was priced at the high end of the indicative price range, and the underwriters exercised their over-allotment option to purchase an additional 909,147 ADSs from ChinaCache. Including the over-allotment option, the total proceeds of the offering were US$96 million. The ADSs are listed on the Nasdaq Global Market under the symbol “CCIH.”

Based in Beijing, ChinaCache is the leading provider of Internet content and application delivery services in China. The company provides a portfolio of services and solutions to businesses, government agencies and other enterprises to enhance the reliability and scalability of their online services and applications and improve end-user experience. Its nationwide service platform is designed to handle planned and unplanned peaks without significant upfront and ongoing capital outlay and other investments on the part of its customers.

The Davis Polk team included partner James C. Lin and associates Li He, Hao Yang and Terrence R. O’Donnell. Partner John D. Paton and associate Adam B. Perry provided tax advice. Associate Catherine L. Martin provided 1940 Act advice. Partner Steven S. Weiner and associate Emma Maconick provided intellectual property advice. Counsel Marcie A. Goldstein provided FINRA advice. Xiao Jing Yang and Ping (Clarice) Wei were the legal assistants on the transaction. Members of the Davis Polk team are based in the Beijing, Hong Kong, London, Menlo Park and New York offices.