Firms To Watch: Capital markets: PRC firms

Sundial Law Firm, based in Shenzhen, regularly assists clients with the private placements of exchangeable bonds.
Based in Hangzhou, T&C Law Firm assists clients in domestic IPOs and listings, share issuance, and various other capital markets assistance.

Capital markets: PRC firms in China

Commerce & Finance Law Offices

The Commerce & Finance Law Offices capital markets team is particularly well-experienced in cross-border IPO work, and the practice also spans stock issuances, red chip issuances, bond issuances and other capital markets transactions which it acts for both issuers and underwriters. The team includes a number of highly regarded capital markets specialists across its offices in China including Beijing-based Xin KongGang WuXiaoman Zhang, and Shanghai-based Haiyan Zhu who regularly advises banks on green financing bond issuance.

Responsables de la pratique:

Xin Kong; Gang Wu; Xiaoman Zhang; Haiyan Zhu


Autres avocats clés:

Jinqing Xiao; Yuanmeng Ma; Wei Chen; Bo Wang; Jie Gong; Haitao Jiang; Vincent Shen; Wen Liu


Principaux clients

Morgan Stanley


China International Capital Corporation Limited


ZKH Group Limited


CICC


China Resources National Corporation


The Export-Import Bank of China


GS, MS, CICC, JPM


Zhongtai Securities Co., Ltd.


Zhejiang Expressway Co.,Ltd.


UBS Huatai


Laekna,Inc.


China Ruyi Holdings Limited


Taiwan Cement Corporation(TCC)


Bilibili Inc.


China Industrial Securities International Financial Group Limited


Principaux dossiers


  • Acted as counsel to underwriter for the Hong Kong Listing of J&T Express and provided Chinese legal services for the sponsor and underwriters Morgan Stanley, CICC and BOFA.
  • Provided legal advice to China International Capital Corporation Limited regarding its role as the financial adviser for the 26.43 billion yuan acquisition of assets by Yankuang Energy Group Company Limited.
  • Assisted the ZKH Group Limited to successfully complete its IPO on the New York Stock Exchange.

Fangda Partners

The Fangda Partners capital markets team is widely regarded as a market-leading capital markets firm with a solid track record in both debt and equity capital markets including IPOs, follow-on offerings, H-share convertible issuance and corporate bonds issuance. It is a popular choice for TMT, healthcare, biotech and internet companies. Working closely with its Hong Kong office, the team regularly acts as both Mainland China and Hong Kong counsel, handling equity transactions for issuers, underwriters and other market participants.  In Beijing, Xueyan Jiang and Christine Chen focus on ECM and DCM transactions, respectively, while Dong Wu is noted for asset-backed securities transactions. Jeffrey Ding is highly recommended for assisting clients with listings on the Hong Kong Stock Market. Helen Zhao regularly supports Chen on cross-border bond issuances. Shanghai-based Michael Qi is another notable individual.

Responsables de la pratique:

Leo Lou; Xueyan Jiang; Christine Chen; Dong Wu


Autres avocats clés:

Jeffrey Ding; Helen Zhao; Yan Yan; Zhuan Jiang; Michael Qi; Jianbo Wei; Brian Liu


Les références

‘The team and personnel are highly professional.’

Principaux clients

Arab Republic of Egypt


Volkswagen International Finance N.V.


Volkswagen Aktiengesellschaft


Deutsche Bank Aktiengesellschaft


CSSC (Hong Kong) Shipping Company Limited


CLCT MTN Pte. Ltd, HSBC Institutional Trust Services (Singapore) Limited (in its capacity as trustee of CapitaLand China Trust)


Gambol (301498)


Aisen Semiconductor


QuantumPharm Inc.


WuXi XDC Cayman Inc. and WuXi Biologics (Cayman) Inc.


REPT BATTERO


Goldman Sachs (Asia) L.L.C.


Morgan Stanley Asia Limited


Merrill Lynch (Asia Pacific) Limited


China International Capital Corporation Hong Kong Securities Limited


China International Capital Corporation Limited


China MCC 17 Group Co., Ltd.


HSBC Qianhai Securities Co., Ltd.


China Foreign Economic and Trade Trust Co., Ltd.


Chongqing Ant Consumer Finance Co., Ltd./ Shanghai International Trust Co., Ltd.


Haier Financial Factoring (Chongqing) Co., Ltd.


Principaux dossiers


Haiwen & Partners

The ‘efficient and professional’ capital markets team at Haiwen & Partners acts for a range of investment banks and PRC companies in listings,securities offerings and related restructuring transactions. Beijing-based practice head Wei Gao has strong experience in public M&A and assists listed clients with completing A-Share issuance. Ning Du counts major SOEs and PE firms as his key clients. Huang Lixin works from both Beijing and Hong Kong, and is regularly instructed on offshore bond issuance, which concerns both English law and PRC law. Also in Beijing, Yao Wang, a real estate expert, regularly work on asset-backed securitisation matters.

Responsables de la pratique:

Wei Gao


Autres avocats clés:

Jackson Tang; Ning Du; Lixin Huang; Yao Wang; Min Xu; Liping Li; Yao Wang


Les références

‘Haiwen is responsive and helpful. The partners and their team are very attentive, efficient and friendly.’

‘Efficient and professional.’

Principaux clients

Deutsche Bank AG


Santander US Capital Markets LLC


China Petroleum and Chemical Corporation


China International Capital Corporation Limited


GLP China Holdings Limited


China Merchants Bank Co., Ltd., London Branch


Goldman Sachs International


Newborn Town Inc.


China Baoyuan Investment Co., Ltd.


Chenqi Technology Limited


Principaux dossiers


  • Advised Sinopec on its private placement of RMB12 Billion A-shares.
  • Advised China Resources Pharmaceutical Commercial Group Co., Ltd on a capital increase project.

Han Kun Law Offices

The Han Kun Law Offices is praised for its ‘quick response rate, strong collaborative ability, and rich theoretical and practical experience‘. The team acts for a wide range of financial institutions and international corporations and is particularly activer in the TMT sector. The team is jointly headed by Shenzhen-based Jason Wang, Jianhui Liand Bing Xue, Shanghai-based Ping Xu, and is supported by Hong Kong-based Dafei Chen and Tao Li. Wang regularly assists technology companies on their IPOs and listings on stock exchanges in Shenzhen and the United States. Xue is experienced in assisting clients in IPOs and listing on the Hong Kong Exchange Main Board and the NASDAQ. Charles Li and Jin Wang recently acted as PRC counsel on JD.com’s convertible senior notes offering, which was valued at $2bn.  Haoxiang Wang is recommended for convertible senior loan transactions.

Responsables de la pratique:

Jason Wang; Bing Xue; Ping Xu; Jianhui Li; Tao Li; Dafei Chen


Autres avocats clés:

Charles Li; Haoxiang Wang; Jin Wang; Kevin Duan; Yijun Chao


Les références

‘The team is professional and responsible, understands the company and the industry, and responds promptly.’

‘Han Kun has always upheld the concept of customer first with its outstanding professionalism and profound legal knowledge.’

‘Quick response rate, strong collaborative ability, and rich theoretical and practical experience.’

Principaux clients

J.P. Morgan


Goldman Sachs (Asia) LLC.


Credit Suisse Securities (USA) LLC


UBS Securities Hong Kong Limited


BofA Merrill Lynch


Meituan (美团)


Innovent Biologics


iQIYI


Tencent Music Entertainment Group


NIO Inc.


Lotus Technology Inc.


AsiaInfo Technologies Limited


KE Holdings Inc.


Li Auto Inc. (理想汽车)


Zhihu(知乎)


Autohome (汽车之家)


Principaux dossiers


  • Advised on JD.com, Inc.’s US$ 2.0 billion convertible senior notes offering as the PRC counsel of the joint bookrunners.
  • Advised Lotus Tech on its business combination with L Catterton and public listing in the US through a De-SPAC arrangement, and its total of approximately US$880 million of private investment in public equity (“PIPE”) financing and convertible notes.
  • Advised the Joint Sponsors and the Underwriters in connection with the initial public offering and listing of J&T Global Express Limited on the Main Board of the Hong Kong Stock Exchange.

Jingtian & Gongcheng

The Jingtian & Gongcheng's capital markets department is praised for its ‘good professional reputation, especially in the areas of overseas listing and financing of Chinese companies and IPO of technological innovation enterprises’. The team enjoys an established reputation in the area of Hong Kong IPO and has continued to handle a steady flow of Hong Kong listings in the past year. Its recent caseload also includes US IPOs, and domestic and overseas bond issuance.  Practice head Zhenhua Xiang splits his time between Beijing and Hangzhou, advising clients on a full range of IPO matters, including pre-IPO financing, project filing, and enquiry issues. Within the strong team, Xiang Gao handles IPOs, bond issuance, restructuring of listed companies and securities compliance matters. In Shanghai, Yang Lv, ‘a friendly and meticulous lawyer who has a deep understanding of the legal issues and development trends in the industry’, supports the practice on a wide range of ECM mandates.

Responsables de la pratique:

Zhenhua Xiang


Autres avocats clés:

Xiang Gao; Zhengzheng Hu; Xuan Zhou; Wenbo Lin; Zejia Chen; Yimin Chen; Yang Lv; Siqi Fu


Les références

‘The law firm can make full use of its internal resources to collaborate and provide clients with a variety of legal service solutions.’

‘Jingtian & Gongcheng’s capital market team in China has a good professional reputation, especially in the areas of overseas listings and financing of Chinese companies and IPO of technological innovation enterprises.’

‘Jingtian & Gongcheng demonstrated high professionalism and teamwork in capital market business while maintaining good communication channels with the company and contributing professional insights in financing plans and preparation of relevant documents.’

Principaux dossiers


King & Wood Mallesons

The King & Wood Mallesons finance and securities team counts multinational companies, financial institutions and Chinese issuers as its main clients which it advises on A-Share, H-Share, red chip, ADR and GDR offerings. The team continues to act for issuers and underwriters in their domestic and overseas IPOs. Leveraging its full-service offering across an impressive network of offices, the team has been particularly active in TMT, healthcare, automotive, manufacturing and energy sectors. Among the sizeable team with experienced practitioners in Beijing, Guangzhou, Shanghai, Nanjing, Hangzhou and Chengdu, Mulong Gong, Yongliang Zhang, Lixin Wang, and Ning Zhou are highly recommended. Gong has‘very rich industry experience in the fields of A-shares, H-shares, US stocks, and Hong Kong stocks’, while Zhang specialises in securities, international investments, and public M&A. Working from Guangzhou, Wang is experienced in assisting clients in IPO and listing on the Shenzhen Stock Exchange., and Zhou regularly assists listed companies in M&A transactions. Shanghai-based Xiaohong Zhao acts in matters involving multi-currency green bonds.

Responsables de la pratique:

Mulong Gong; Yongliang Zhang; Lixin Wang; Ning Zhou; Jin Peng; Peng Mu; Zheng Su


Autres avocats clés:

Xiaohong Zhao; Yifeng Jiang; Mingyuan Zhang; Rui Zhou; Junyu Chen; Xia Feng; Yujia Pan; Jianxue Wang; Weina Tian; Jianping Wang; Jie Han


Les références

‘The team is very good and attaches great importance to customer needs and feedback.’

‘As one of the premier law firms in the capital markets, King & Wood Mallesons can provide a comprehensive range of services.’

‘ Mulong Gong and Rui Zhou are both outstanding. They have very rich industry experience in the fields of A-shares, H-shares, US stocks, and Hong Kong stocks, and the projects they undertake are of extraordinary significance to Chinese companies.’

Principaux clients

ZEEKR Intelligent Technology Holding Limited


Zhejiang Yongtai Technology Co., Ltd.


UBTECH Robotics Co., Ltd.


Sichuan Kelun-Biotech Biopharmaceutical Co., Ltd.


Morgan Stanley Asia Limited


China International Capital Corporation Hong Kong Securities Limited


Guangdong Mingyang Electric Co., Ltd


Jiujiang Defu Technology Co., Limited


Sailvan Times Co., Ltd.


Postal Savings Bank of China


Principaux dossiers


Zhong Lun Law Firm

Zhong Lun Law Firm houses one of the market’s largest capital markets teams, it is widely recognised as a powerhouse with a solid track record of handling IPO, refinancing of listed companies, and mergers and restructuring of listed companies. Leveraging its footprint in Hong Kong, the mainland China team works closely with practitioners from its Hong Kong office on overseas listings and SEHK listings. The highly experienced team includes the highly regarded Zhoujun Tang who leads the capital markets practice, Mingjun Chang who is experienced in assisting clients in completing their IPO and listing on the Hong Kong Stock Exchange; and Shanghai-based William Jia who advises both issuers and sponsors on Hong Kong and US IPOs. Also in Shanghai, Anthony Zhao recently acted as lead counsel to an issuer on its strategic PIPE financing from the Qatar Investment Authority. Roy Zheng, Kefeng Li, and Jingli Mu are also key names to note.

Responsables de la pratique:

Mingjun Chang; Xiaodan Guo; William Jia; Qiming Yao


Autres avocats clés:

Zhoujun Tang; Anthony Zhao; Yufan He; Kejun Guo; Roy Zheng; Wenhao Ding; Jingli Mu; Kefeng Li; Cynthia Yuan; Jingli Mu; Lintao Wu; Zhuo Wang; Xiong Li


Les références

‘Solid theoretical background and rich practical experience, excellent ability to solve complex problems, creative working methods, and strong communication skills.’

‘The team members are well-equipped and have excellent professional qualities and professional standards. They can respond to our company’s needs in a timely manner and provide high-quality, efficient and timely legal services with solid professional knowledge, rich practical experience and extensive social connections.’

‘The team is not only familiar with investment and financing terms and proficient in legal provisions, but also has a deep understanding of the operation of the financial market, and has a deep understanding of the actual situation and needs of our company, and provides us with tailor-made and precise legal advice and solutions.’

Principaux clients

Aerospace Intelligent Manufacturing Technology Co., Ltd. (stock code:300446)


New Hope Liuhe Co., Ltd.


Jiulong Zhongchuan Mining Co., Ltd.


Shenghe Resources Holding Co., Ltd.


New Hope Investment Group Co., Ltd.


QiaoYin City Management Co., Ltd.


Guangzhou Frontop Digital Creative Technology Co., Ltd.


CITIC Securities Company Limited


Qumei Home Furnishing Group Co., Ltd


Chengdu Vantron Technology Co., Ltd.


Jiangsu Meike Solar Energy Technology Co., Ltd


Jiangsu Zerun Technology Co., Ltd


Chengdu Qianfeng Electronics Group Co., Ltd


Chongqing Haite Energy Co., Ltd


Wuhan Bus Manufacturing Co., Ltd.


Sichuan HABOAT ELECTRIC Co., Ltd


Sichuan Fansaoguang Food Group Co., Ltd


Best Technology (Group) Co.,Ltd


Jiayin Hospital (Group) Co.,Ltd


Guangzhou Guanggang Gases & Energy Company Limited


Guangzhou Anyka Microelectronics Co., Ltd.


Guangdong Fuqiang TechnologyCo., Ltd.


HSG LASER CO.,LTD.


Guangdong GlobalSino Technology & Innovation Co., Ltd.


China Publishing & Media Holdings Co., Ltd.


Fengh Medical Co., Ltd.


Aidite (Qinhuangdao) Technology Co., Ltd.


Hanshow Technology Co., Ltd.


Mobvoi Inc.


Beijing Health Guard Biotechnology Inc.


Chengdu Li Wei Jia Technology Co., Ltd.


Brilliance Shineray Chongqing AUTOMOBILE Co., Ltd.


Chongqing E-Pet Technology Co., Ltd.


Chongqing Wuzhou Century Culture Media Co.,Ltd.


Chongqing Pellets BIOTECH Co., Ltd.


Xi’an Tian He Defense Technology Co., Ltd.


Chongqing Zoann Environmental Services Co., Ltd.


Chongqing Hongjiu Fruit Co., Limited


Chongqing Caterpillar E-commerce Co., Ltd


Harbin Haihong Jiye Technology Development Co., Ltd


Chongqing Zhongxinyuan Technology Development Co., Ltd


Runben Biotechnology Co., Ltd.


EnChannel Holdings (Guangzhou) Co., Ltd.


Biotyx Medical (Shenzhen) Co., Ltd.


Blackstone Group


Ascendent Capital Partners


L Catterton Asia


Kingdee International Software Group Company Limited


Farizon Auto


Atour Lifestyle Holdings Limited


Principaux dossiers


  • Advised Kingdee International on its strategic PIPE financing from Qatar Investment Authority.
  • Advised Kingdee International on its strategic PIPE financing from Qatar Investment Authority.
  • Advised Beijing Health Guard Biotechnology Inc. on its listing on HKEX.

Global Law Office

Global Law Office handles domestic and international debt and equity capital markets transactions, including listings on the Hong Kong, Singapore and New York stock exchanges.  The team acts for investment banks, multinational enterprises, and major Chinese companies, and fields practitioners in its Beijing, Shanghai, Shenzhen and Chengdu offices. Managing partner Jinrong Liu, Xin Zhang, Wen Li  and Wei Qin are key names to note in its Beijing office, Cheng Li who is experienced in advising clients on IPO and listing on the Hong Kong Stock Exchange and corporate restructuring, and Yu Zhang who has notable experience in A-share listing and material asset reorganisation, are the key names to note in its Shenzhen and Shanghai offices, respectively. Recent caseload saw the team advising on a number of non-performing assets securitisation projects, a range of bond issuance and advising on a Hong Kong IPO and listing on SSE STAR market. Cheng Li is experienced in advising clients on IPO and listing on the Hong Kong Stock Exchange and corporate restructuring. Miller Wang and Haishan Sun are also names to note.

Responsables de la pratique:

Jinrong Liu; Xin Zhang; Wei Qin; Cheng Li; Yu Zhang; Wen Li


Autres avocats clés:

Miller Wang; Haishan Sun; Jihong He; Qin Zhu; Faye Song; Wei Qin; Chengwei Liu


Principaux clients

China Resources Microelectronics Limited (688396.SH)


China International Capital Corporation Limited (CICC)


Haitong International Capital Limited


GuotaiJunan Securities Co., Ltd.


AustAsia Group


Inner Mongolia Yitai Coal Co., Ltd.


China Construction Bank


New Development Bank


Asian Infrastructure Investment Bank


HSBC Bank (China) Company Limited


SINO IC LEASING Co., Ltd. (SICL)


Towngas Smart Energy Company Limited


Beijing Infrastructure Investment Co. Ltd.


ZTO Express (Cayman) Inc.


China Rongtong Resources Development Group Co., Ltd.


Mercedes-Benz International Finance B.V.


China Gas Group


GLP China Holdings Limited


ABC


CDB


SPD Bank


Nanjing Bank


Chang An Bank


Chang An Trust


CMS


Zhongrong International Trust Co. Ltd.


CITICS


Road King Infrastructure Limited


China International Capital Corporation Limited


Lionbridge Financing Leasing (China) Co., Ltd.


LVGEM (China) Real Estate Investment Company Limited


RK Properties


Taikang Asset Management Co., Ltd.


Zhongtian My Home Group


Yankuang Group


Huatai Securities Asset Management


Chongho Bridge Microfinance Management Co., Ltd.


Manulife-Sinochem Life Insurance Co. Ltd.


Industrial and Commercial Bank of China (“ICBC”)


MCC Tiangong Group Corporation Limited


Fuzhou 360 Network Small Loan Co., Ltd.


China Cinda Asset Management Corporation


PICC Asset Management Co.,Ltd


Principaux dossiers


  • Acted on the HKD 5.6 Billion Privatization of Yitai Coal.
  • Advised AIIB and AfDB on Egypt’s debut panda bonds issuance.
  • Acted as the legal advisor for Cinda Ruiyuan No. 1 Urban Village Renovation Asset-Backed Special Program & Cinda Ruiyuan No. 2 Asset-Backed Special Program (Renewable).

JunHe LLP

JunHe LLP has a strong experience in both DCM and ECM transactions, often assisting clients with bond issuance and IPOs both domestically and internationally. Based in Beijing, Tiejun Shi has notable experience of handling issuance of H shares, A shares, red chips and domestic and overseas GEM stocks. In Shanghai, Xudong Tao is experienced in acting as Hong Kong and United States counsel to underwriters in the placement of new H-Shares on the Hong Kong Stock Exchange Main Board. In Guangzhou, Xiaoli Huang often assists clients in completing IPOs on the Shenzhen and Hong Kong stock exchanges. Recent highlights include advising Canadian Solar International on its STAR Market listing, and acting for Bank of China HSBC on the issuance of RMB3.5bn sustainable panda bonds in Egypt. Chunyang Shao, Yongqiang Yu and Yi Wang are also recommended.

Responsables de la pratique:

Tiejun Shi; Huiqing Qu; Chenliang Li; Yan Chen; Ke Zhang


Autres avocats clés:

Chunyang Shao; Yongqiang Yu; Yi You; Yi Wang; Xudong Tao; Xiaoli Huang; Jiwei Yao; Huiqing Qu


Les références

JunHe’s lawyers are familiar with the latest rules of the capital markets. At the same time, they can also do everything personally for the clients, consider the clients’ commercial demands, balance the interests of all parties, and ultimately form an ingenious solution.’

Yi You is one of the few lawyers who is proficient in tax rules and has rich experience. In our communication with brokers, accountants and other intermediaries, Lawyer You can always provide ingenious and comprehensive plans and provide clear solutions for the company’s subsequent capital operations.’

Principaux clients

China Merchant Bank


China Orient


Bank of China


HSBC


Yuexiu Property


Canadian Solar Intl Ltd


Huatai Group


4Paradigm


State Grid Overseas Investment Ltd


Atour


JC International Finance & Leasing Co., Ltd


JP Morgan Chase Bank


Golden Saches


Chongqing Rural Commercial Bank


ZX Inc.


DPC Dash


Qyuns


Principaux dossiers


  • Advised CSI Solar on its STAR Market listing.
  • Advised Legend Capital on its Secondary Offering of ADSs in Atour.
  • Advised Bank of China HSBC on the issuance of RMB3.5bn sustainable panda bonds.

Tian Yuan Law Firm

Jointly led by Guanxiong Wu and Yan Liu, the Tian Yuan Law Firm securities and capital markets department excels in handling ‘highly complex and important deals’. The team advises on the full range of capital markets transactions with particular strength in domestic issuance. Working closely with the firm’s Hong Kong office, it increasingly advises on Hong Kong IPO and overseas issuances. Its caseload also features a mix of overseas listings, refinancing and privatisation of listed companies, and bond issuance.  Liu assists clients on both ECM and DCM matters; Zhu recently advised a top manufacturing company, which was listed on the Hong Kong Stock Exchange, in its privatisation project. Xiaohui Zhu has a special focus on representing state-owned enterprises in investment and restructuring projects. Founding partner Lihua Wang and Guanxiong Wu are also highly respected for their solid track in the capital markets field, with experience handling a broad range of domestic and overseas issuances.

Responsables de la pratique:

Guanxiong Wu; Liu Yan


Autres avocats clés:

Lihua Wang; Xiaohui Zhu; Chengli Cui; Yu Piao; Xiangping Wang; Yuntao Ma


Les références

‘Tian Yuan Lawyers are excellent at allocating personnel according to project needs, ensuring efficient and timely completion of tasks while providing responsive feedback to client requests.’

‘The Tian Yuan Capital Markets team excels in securities and capital market services, equipped with experienced senior partners and lawyers who deliver outstanding legal support on significant projects.’

‘Tian Yuan Law Firm provides practical and hands-on advice in capital markets, backed by a team experienced in handling highly complex and important deals.’

Principaux clients

Guangzhou Automobile Group Co., Ltd.


Guoyuan Securities Co., Ltd.


China National Chemical Engineering Co., Ltd.


Beijing Kunlun Wanwei Technology Co., Ltd.


37 Interactive Entertainment Network Technology Group Co., Ltd.


Anhui Military Industry Group Holding Co., Ltd., Anhui Great Wall Military Industry Co., Ltd.


Shijihengtong Technology Co., Ltd.


Dalian Wanda Commercial Management Group Co., Ltd.


Longxing Chemical Co., Ltd.


Zhejiang Hengda New Materials Co., Ltd


Beijing Jiaman Apparel Co., Ltd


Haitong International


Principaux dossiers


  • Assisted with Will Semiconductor’s Swiss listing via USD445m GDR issuance.
  • Served as corporate counsel for Horizon Construction Development’s global offering of approximately 365 million shares raised a net amount of HK$1.5176 billion.
  • Acted as the special Chinese legal counsel for the privatization project of Jiangnan Group Co., Ltd., a Hong Kong-listed company that is one of the top 500 private enterprises in China.

AllBright Law Offices

Headquartered in Shanghai, AllBright Law Offices is particularly well-versed in assisting clients with domestic and international IPOs and corporate bond issuance. The team, led by senior partner Guoquan Shen, includes a number of highly experienced capital markets specialists. Among them, Zhenyu Pei handles an increasing number of listings on the Science and Technology Innovation Board and multibillion-RMB bond issuance; Congjun Wen is experienced in assisting technology clients with their listings on stock markets in the US. Mingwen Li regularly acts for clients in the healthcare and pharmaceutical industries on domestic listings and handles a steady flow of high-value equity investment and bond issuance. Lele Xi excels in structured financing and asset securitisation matters.

Responsables de la pratique:

Guoquan Shen


Autres avocats clés:

Zhenyu Pei; Congjun Wen; Mingwen Li; Fan Wang; Lele Xi


Principaux clients

Haitong Securities Company Limited


Everbright Securities Co., Ltd.


Xi’an West Testing Technology Co., Ltd.


Fujian Nanwang Environmental Technology Co., Ltd.


Shanghai Sinan Satellite Navigation Technology Co., Ltd


Shanghai Fubei Pet Products Co., Ltd.


Shanghai Baixinan Biotechnology Co., Ltd.


Shanghai Nanfang Model Biotechnology Co., Ltd.


Wuxi Lingge Machinery Technology Co., Ltd.


Changshu Tongrun Auto Accessory Co.


Zhibao Technology Co., Ltd


Suzhou Chengxin Information Technology Co., Ltd.


Changshu Tongrun Auto Accessory Co.


Shandong Energy Group Co Ltd


Huadian Jintai (Beijing) Investment Fund Management Co., Ltd.


Hangzhou City Investment Service Group Co., Ltd.


Hangzhou Yuhang City Development Investment Group Co., Ltd.


Chengdu Kuanzhai Wenchuang Industry Investment Group Co., Ltd.


Principaux dossiers


Beijing Grandway Law Offices

The Beijing Grandway Law Offices capital markets team is particularly strong in assisting clients with domestic IPOs, bond issuance and securities litigation. The firm has an impressive network of offices across China and practitioners in Beijing, Shanghai, Shenzhen, Hangzhou offices. In Beijing, The highly regarded Liguo Zhang has a wealth of knowledge in A-share market. Based in Shenzhen, Tao Zhou often negotiates with both the Shenzhen and the Shanghai Stock Exchange committee on applications to issue shares to specific entities. In Shanghai, Xin Zang is experienced in helping clients with IPO and listing on the Shenzhen Stock Exchange. Hangzhou-based Qi Hu and Shanghai’s managing partner Rui Zhu are other names to note for domestic IPOs and bond issuance. Shenzhen-based Lin Sun is also a key name to note.

Responsables de la pratique:

Liguo Zhang; Lin Sun; Changlong Yin; Xiaojing Huang


Autres avocats clés:

Tao Zhou; Xin Zang; Yiran Cao; Qi Hu; Rui Zhu; Ming Chi


Les références

‘Grandway Law Offices provides consistently professional and timely legal advice, always considering the client’s perspective and offering pertinent solutions.’

‘The Grandway team is highly responsive, handling all issues, big and small, with efficiency and a deep understanding of the capital markets.’

‘The lawyers are not only well-versed in law but also bring invaluable industry and business insights that set them apart from other firms.’

Principaux clients

Shanghai C&D INNOSTIC Medical Technology Group Co., Ltd.


Cloudwalk Group Co., Ltd. (688327.SH)


Ningbo Shanshan Co.,Ltd.(600884.SH)


Zhejiang leapmotor Technology Co., Ltd(09863.HK)


Changzhou Wujin Zhongrui Electronic Technology Co., Ltd.(301587.SZ)


Zhejiang Dahua Technology Co., Ltd.(002236.SZ)


Suzhou Tianmai Thermal Technology Co., Ltd.


Jilin University Zhengyuan Information Technologies Co.,Ltd.


Shenzhen SEICHI Technologies Co., Ltd. (688627.SH)


GuangDong Xinbao Electrical Appliance Holdings Co.,Ltd(002705.SZ)


Guangdong Enpack Packaging CO.,LTD(002846.SZ)


Guangdong KinLong Hardware Products Co.,Ltd.(002791.SZ)


KEHUA DATA CO.,LTD.(002335.SZ)


Guangdong Lyric Robot Automation Co.,Ltd.(688499.SH)


Bellen Chemistry Co., Ltd.


Great Eagle (Xi’An)Aviation Engineering Co., Ltd.


Sinolong New Materials Co., Ltd.


Anhui Defu Steering System Inc.


Changzhou 3X Motion Technologies CO., LTD.


Nanjing Huadian Energy Saving and Environmental Protection Co.,Ltd.


Shenzhen Core Medical Technology Co., Ltd.


Radrock (Shenzhen) Tech Co., Ltd.


Guangdong Sohoo Technology Co., Ltd.


Xiamen Hithium Energy Storage Technology Co., Ltd.


Guotai Junan Securities Co., Ltd.


GHT Co., Ltd.


Shenzhen ZQgame Co., Ltd.


Ledman Optoelectronic Co., Ltd.


Super Telecom Co., Ltd.


Shenzhen Highpower Technology Co., Ltd.


Zhuhai Enpower Electric Co., Ltd.


Walvax Biotechnology Co., Ltd.


NANJING LES INFORMATION TECHNOLOGY CO.,LTD


Hengbo HOLDINGS Co., Ltd.


Beijing Paratera Tech Corp.,Ltd.


Ningbo Jifeng Auto Parts Co., Ltd.


China Bester Group Telecom Co., Ltd.


Ningbo Changya New Material Technology Co., Ltd.


Changchun Zhuoyi Biological Co., Ltd.


Jiangsu Lidao New Material Co., Ltd.


Beijing Jindayu Environmental Technology Co., Ltd.


Zhejiang Gengu Cable Co., Ltd.


Avic International Leasing Co.,LTD.


Sichuan Taozi Health Technology Co., Ltd.


C-lin Electrical Co., Ltd.


Ningbo Fangzheng Automobile Mould Co.,Ltd.


Shenzhen Hai Robotics co.,Ltd.


Ningbo Sinppa Tools Co.,Ltd.


Nanjing Healthnice Pharmaceutical Technology Co., Ltd.


Zhejiang Nurotron Biotechnology Co., Ltd.


Hangzhou Heshun Technology Co., LTD


Ningbo Peiyuan Co., Ltd.


Principaux dossiers


  • Handled the IPO of Changzhou Wujin Zhongrui Electronic Technology Co., Ltd.
  • Provided full-range legal services for the IPO of Shanghai C&D INNOSTIC Medical Technology Group Co., Ltd.

DeHeng Law Offices

The DeHeng Law Offices securities team is a popular choice for IPOs, domestic and overseas listings, asset securitisation, bond issuance, and regulatory compliance matters. Beijing-based practice head Jianjun Xu is experienced in assisting clients with listing on the Hong Kong Stock Exchange Main Board. Zhiwei Hou is highly experienced in cross-border bond issuances, including Lotus bonds. Meanwhile, in Shenzhen, Zhenguo Liu regularly advises on IPO and listing on the Shenzhen, Shanghai, and Hong Kong stock exchanges, and works closely with Yongsheng Tang who counts tech, biotech, renewables and construction companies as his main clients.

Responsables de la pratique:

Jianjun Xu


Autres avocats clés:

Zhenguo Liu; Zhiwei Huo; Yongsheng Tang; Xianan Wang; Xinghui Yang;Yanyan Zhao


Principaux clients

Hubei Yihua Chemical Industry Co., Ltd.


Shanghai Longcheer Technology Co., Ltd.


Shanghai Ruking Technology Co., LTD


Suzhou Planning & Design Research Institute Co., Ltd


Shandong Keyuan Pharmaceutical Co., Ltd.


CHENG DU Zheng HENG Autoparts Co., Ltd.


DDC Enterprise Limited


Lobo EV Technologies Ltd.


Anhui Sentai Wpc Group Share Co., Ltd.


EZGO Technologies Ltd.


Sunleem Technology Incorporated Company


VMAX New Energy Co., Ltd.


Shaanxi Yanchang Petroleum (Group) Co., Ltd.


China Three Gorges Corporation


China Yangtze Power Co., Ltd.


Guangzhou Jointas Chemical Co., Ltd.


Tinavi Medical Technologies Co., Ltd.


Qilun Group Inc.


Baowu Carbon Technology Co., Ltd


Shenzhen Xinxinteng Technology Co.,Ltd.


Advanced Fiber Resources (Zhuhai), Ltd.


Guangdong Leadyo IC Testing Co.,Ltd.


Jiawei RenewableEnergy Co.,Ltd.


Advanced Fiber Resources (Zhuhai), Ltd.


Dongfang Water Intelligent Technology Co., Ltd.


Guangxi Lantian StomatologicalHospital Group Co.,Ltd


Suzhou K-Hiragawa Electronic Technology Co., Ltd.


Jiangsu Leadmicro Nano Technology Co., Ltd.


Shanghai Electric Wind Power Group Co., Ltd.


Shanghai Haoyuan Chemexpress Co., Ltd


Jiangsu Sanfame Polyester Material Co., Ltd.


Fisherman Information Technology Co., Ltd.


Beijing Infosec Technologies Co., Ltd.


Shaanxi Engineering International Financial Leasing Co., Ltd.


Xi’an Hi-Tech Venture Capital Co., Ltd.


Yan’an New Area Investment Development (Group) Co., Ltd.


Yan’an Economic and Technological Development and Construction Investment Co., Ltd.


Hualan Group Co., LTD


Ningbo Gongyun Group Co., LTD


Shanghai Yanan Pharmaceutical Yangpu Co., LTD


Shanghai allinfinance. Services Co., LTD


Shanghai Donghua meizuan diamond Co., LTD


Shanghai Ewarom Co., LTD


Shanghai int- medical Equipment Co., LTD


Shanghai kdl China Enterprise Development Group Co., LTD


Shanghai Imdmedical Material Technology Co., LTD


Air China Limited


CHIA TAI Investment Co., Ltd.


Zhengda Egg Chicken Breeding (Beijing) Co., Ltd.


China Everbright Group


Poly Energy Holding Co., Ltd.


Hanhua Financial Holding Co., Ltd.


Beijing LongRuan Technologies Inc.


ShiJiaZhuang Kelin Electric Co., Ltd.


Xi’an Peri Power Semiconductor Converting Technology Co., Ltd.


Sichuan Province Yibin Wuliangye Group Co., Ltd.


China Communications Construction Company Limited


CCCC Dredging (Group) Co., Ltd.


Beijing Energy Group Co., Ltd.


Shenzhen Capital Group Co., Ltd.


Jianxin Financial Asset Investment Co., Ltd.


Huishang Bank Co., Ltd.


Chongqing Fumin Bank Co., Ltd.


Tangshan Haitai New ENERGY Technology Co., Ltd.


Caxa Technology Co., Ltd.


Xinjiang Lanshan Tunhe Chemical Co., Ltd.


Guangzhou PackGene Biotechnology Co., LTD


China Construction Bank Co., LTD(Shanghai Hongkou branch; Agricultural Bank of China Limited(Shanghai Xuhui branch; Bank of Communications Co., LTD(Shanghai Minhang branch)


Suzhou Auzone Biotechnology Co., LTD


Principaux dossiers


  • Assissted Shanghai Longcheer Technology Co., Ltd. (stock code: 603341.SH) successfully listed on the main board of the Shanghai Stock Exchange.
  • Advised Underwriters on DDC Enterprise Limited’s $33.15 m NYSE IPO.
  • Providing legal services for Shaanxi Yanchang Petroleum (Group) Co., Ltd. to issue RMB 15 billion corporate bonds, RMB40bn of medium-term notes in the interbank market and RMB3bn corporate bonds.

Jia Yuan Law Offices

Jia Yuan Law Offices handles domestic IPOs, non-public offerings, equity and debt financings. Working closely with its Hong Kong office, it also advises on listings on the New York and Hong Kong Stock Exchanges and refinancing matters. The team advises clients from a wide array of industries including energy, high-tech, financial services, and pharmaceuticals. Jiansheng Yi recently assisted an energy investment company in its IPO on the Shenzhen Stock Exchange. Beijing-based Wen Zhang is experienced in advising on listings on the Hong Kong Stock Exchange and restructuring of listed companies as is Shenzhen-based Liangjuan Wen. Founding partner Yu Yan is also highly recommended for domestic and overseas IPOs.

Responsables de la pratique:

Jiansheng Yi; Wen Zhang; Liangjuan Wen; Yuan Wang; Pei Wei; Yangyuan Fu


Autres avocats clés:

Yu Yan; Ding Li


Principaux clients

Shaanxi Energy Investment Co Ltd


Baimtec Material (BIAM)


Zhejiang Expressway


Air China


Tiantu Capital


Shanxi Installation Group


Hangzhou SF Intra-city Industrial CO., Ltd.


Haitong International Finance Holdings Limited


Xi’an High Voltage Apparatus Research Institute Co.


Dekon Food and Agriculture Group


Principaux dossiers


Jincheng Tongda & Neal

Experienced in acting on IPOs and listings on domestic and international stock exchanges, the capital markets team at Jincheng Tongda & Neal is singled out for its ‘exceptional legal expertise and knowledge, strong analytical and problem-solving skills’. 2024 saw the team handling a number of listings on the Science and Technology Innovation Board. Yinhong Liu heads the team from its Shenzhen office, and handles a broad mix of M&A, reorganisation, listing, and financial services regulatory matters. In Beijing, Xiaodong Zheng advises on cross-border acquisitions of listed companies and IPOs.

Responsables de la pratique:

Yinhong Liu


Autres avocats clés:

Xiaodong Zheng; Guohua Wu; Yan Chen; Hua Zhao; Jiangxia Lu; Cheng Wang


Les références

‘The team comprises lawyers with deep technical experts across the capital market. They can provide client with a unique tailored approach legal solution. ’

‘Exceptional legal expertise and knowledge, strong analytical and problem-solving skills’

Principaux clients

Chijet Motor Company, Inc.


COMBA Telecom Systems Holdings Limited


Persistence Resources


Zhejiang Kayo Motor Co., Ltd.


Aero Energy


Changchun Jieyi Automobile Technology Co., Ltd.


Hubei Kangnong Seed Co., Ltd.


Shaanxi Huada Technology Co., Ltd.


Jiangsu Lobo Electric Vehicle Company Limited


HBIS Resources Co., Ltd.


Zhengzhou Metro


First Capital Securities Co., Ltd.


Shinhan Bank


Taizhou Huaxin Pharmaceutical Investment Company Limited


Bank of Nanjing


Nanjing Municipal Transportation Group


Zhejiang Starry Pharmaceutical Co.,Ltd.


China Jinmao Holdings Group Co., Ltd., CITIC Securities Co., Ltd., and Huaxia Fund Management Co., Ltd


Principaux dossiers


Kangda Law Firm

Kangda Law Firm‘s well established capital markets team is praised for its 'customised solutions based on a deep understanding of the client's business and corporate governance practices.' The team is jointly led by Hua Jiang, Xuechen Wang, and Aidong Lou who is recommended for debt and equity offerings. Lou acts for both domestic and international companies and recently assisted an electronics company with its IPO and listing on the Growth Enterprise Market of the Shenzhen Stock Exchange. Guangzhou-based Wang assisted a Chinese technology company on its listing on the Third New Board in Beijing.  Xiaoyang Kang is recommended for A-Share stock issuance.

Responsables de la pratique:

Hua Jiang; Aidong Lou; Xuechen Wang


Autres avocats clés:

Xiaoyang Kang; Guanghui Jiang; Huifang Bao; Qiwei(William) Zhang


Les références

‘In addition to providing basic and professional legal services, Kangda’s legal team can also provide first-hand interpretation of capital market trends and major legal and regulatory revisions through remote text and video material sharing, on-site training and other methods.’

‘The Kangda team provides customized solutions based on a deep understanding of the client’s business and corporate governance practices, rather than simply mechanically interpreting laws and regulations and focusing too much on compliance.’

Principaux clients

Shandong Zhangqiu Blower Co.,Ltd.


SMI Supply Chain Management Co., Ltd.


Shandong Taifeng Intelligent Control Co., Ltd.


Suzhou VEICHI Electric Technology Co., Ltd.


Guangzhou GVS Co., Ltd.


Guosen Securities Co., Ltd.


Wise Living Technology Co., Ltd.


CITIC Securities Co., Ltd.


Solbar Ningbo Protein Technology Co., Ltd.


Guangdong Shunrong Testing Technology Co., Ltd.


Guosen Securities Co., Ltd.,


Zhengzhou Suda Industrial Machinery Service Co., Ltd.


Sinochem Capital Innovation Investment Co., Ltd.


Jiayou International Logistics Co., Ltd.


Zhejiang XIDAMEN New Material Co., Ltd.


Hebei Yangyuan Zhihui Beverage Co., Ltd.


Tianjian Electronics Co., Ltd.


Honggong Technology Co., Ltd.


Shenzhen TENWAYS Sports Technology Co., Ltd.


China International Financial Co., Ltd.


Fujian Haitong Development Co., Ltd.


Hubei International Trade Group Co., Ltd.


Principaux dossiers


  • Appointed as the issuer’s lawyer to provide professional legal services for the Guangzhou GVS Co., Ltd. IPO project on the Beijing Stock Exchange.
  • Assisted Wise Living Technology woth the listing on the main board of the Hong Kong Stock Exchange.
  • Advised Tianjian Electronics Co., Ltd., a leading consumer electronics company focusing on the production of various electronic components and technologies, on its strategic endeavour to launch an IPO and secure a listing on the Growth Enterprise Market (GEM) of the Shenzhen Stock Exchange.

Llinks Law Offices

Shanghai-headquartered Llinks Law Offices is well-versed in advising on domestic IPOs, follow-on offerings, back door listings, corporate debt and convertible debt offerings. The team also advises on the issuance of debt financing instruments for non-financial enterprises and IPOs on National Equities Exchange and Quotations. Grant Chen leads the team. Chen recently advised a technology company in its successful listing on the Shanghai Stock Exchange Main Board. Christophe Han is experienced in assisting underwriters and issuers with IPOs and listings on the Hong Kong Stock Exchange. Wayne Chen acts on both ECM and DCM matters, having recently advised a healthcare technology company on the issuance of Private Enterprise Innovation Bonds.

Responsables de la pratique:

Grant Chen


Autres avocats clés:

Christophe Han; Calista Huang; Wayne Chen


Les références

Llinks Law Offices’ Capital Markets team is renowned for its in-depth expertise and deep understanding of the Mainland China market. Their proficiency in business is not only reflected in their precise grasp of legal provisions, but also in their ability to provide innovative solutions to adapt to the ever-changing market environment. Team members have diverse backgrounds, which enables them to examine issues from different perspectives and provide clients with comprehensive legal advice.’

Christopher Han is known for his deep understanding of capital market laws and innovative legal strategies, he can quickly and accurately grasp the core issues of the case and provide practical solutions.’

Their service quality is very high, ensuring that the interests of their clients are maximized whether in the strategic planning or execution of the case.’

Principaux clients

China Molybdenum Co., Ltd.


Xiamen ITG Group Corp.,Ltd.


Gotion High-tech Co., Ltd.


Contemporary Amperex Technology Co., Limited


Unifrax Asia-Pacific Holding Limited


Chipscreen Biosciences


Hongyuan Pharmaceutical Technology Co., Ltd


Suzhou HYC Technology Co.,Ltd


Zhejiang Zhongke Magnetic Industry Co., Ltd.


Hua Hong Semiconductor Ltd


Sungrow Power Supply Co., Ltd


Principaux dossiers


  • Advised Wise Living Technology Co., Ltd on its listing on the Main Board of The Stock Exchange of Hong Kong Limited.
  • Advised Goldlink Capital (Corporate Finance) Limited on the transfer of listing of BEST LINKING GROUP HOLDINGS LTD. from GEM to the Main Board of The Stock Exchange of Hong Kong Limited.
  • Advised Hua Hong Semiconductor Limited, a Hong Kong-listed company, on the listing of the Science and Technology Innovation Board of the Shanghai Stock Exchange and the raising of RMB21.2 billion funds.

China Commercial Law Co

China Commercial Law Co is a popular choice for handling IPO on the Shenzhen Stock Exchange. Leveraging the concentration of hi-tech companies in Shenzhen, the team advises on a broad range of financing, IPO, management buyout and financing matters, and is increasingly advising clients from wider industries including logistics and renewable energy. Demonstrating this,  The team advised Guangzhou Cotton Tree Technology and Innovation Company on the non-public offering of RMB600m shares and assisted Shezhen Yidao Information on its RMB1.22bn IPO on the Shenzhen Stock Exchange. Junhui Guo has notable experience in IPO, refinancing, major asset reorganisation of listed companies, and M&A transactions, and recently advised Shenzhen Innovation Investment Group on the issuance of RMB8bn of ordinary corporate bonds. Wenbiao Huang and Yuejie Yang are further names to note.

Responsables de la pratique:

Wenbiao Huang


Autres avocats clés:

Junhui Guo; Yuejie Yang; Shunzhi Xu


Principaux clients

Zhong Jia Guo Xin Holdings Company Limited


Banyan Tree Group


Scanner Optics Co., Ltd.


CECEP Techand Ecology&Environment Co.,Ltd.


Sussure Environmental Technology Limited


SHENZHEN SALUBRIS PHARMACEUTICALS CO., LTD


Principaux dossiers


Dacheng

Dacheng is singled out for its ‘rich industry experience and project experience‘. The sizeable team which has an impressive network of offices across China, has a strong securities practice. The team is regularly instructed on IPOs, and refinancing in domestic and overseas markets. Based in Beijing, Joanna Liu assists listed companies with restructuring and reorganisation projects, and termination of VIE and red-chip-related structure issuers. Qing Guo, a specialist in asset securitisation, regularly advises on credit asset securitisation projects. Meanwhile, in Shanghai, Frank Qu is experienced in issuing non-performing asset-backed securities and bond issuance, and Enshun Wang recently advised a wholly foreign-owned enterprise in an IPO on the STAR Market and advised on a number of restructurings of listed companies.

Responsables de la pratique:

Xugang Yu; Shoushuang Li; Jing Liu; Wangsheng Lu; Jing Lin; Renwen Geng; Qing Guo


Autres avocats clés:

Frank Qu; Enshun Wang; Wenping Xu; Hanlin Wang


Les références

The team’s professional ability of the capital market is excellent, the ability to find and solve problems is particularly prominent, and the industry experience and project experience are very rich.’

Principaux clients

北京爱奇艺互联科技有限公司Beijing IQIYI Internet Technology Co., Ltd.


株洲市国有资产投资控股集团有限公司Zhuzhou State-owned Assets Investment Holding Group Co.,Ltd.


海南爱奇艺信息技术有限公司Hainan IQIYI Information Technology Co., Ltd.


北京奇艺世纪科技有限公司Beijing IQIYI Science & Technology Co., Ltd.


北京爱奇艺科技有限公司Beijing IQIYI Science&Technology Co.,Ltd.


中信信托有限责任公司CITIC Trust Co.,Ltd.


中信银行股份有限公司China Citic Bank Corporation Limited


中信证券股份有限公司CITIC Securities Company Limited


中信建投证券股份有限公司China Securities Co.,ltd.csc Financial Co.,ltd.


中国农业银行股份有限公司Agricultural Bank Of China Limited


三一重工股份有限公司Sany Heavy Industry Co.,Ltd.


中交一公局集团有限公司Cccc Frist Highway Engineering Group Co.,Ltd.


徐工集团工程机械股份有限公司XCMG Construction Machinery Co.,Ltd.


北京金茂绿建科技有限公司China Jinmao Green Building Co. Ltd


广州中旭未来科技有限公司Guangzhou Zhongxu Future Technology Co.,Ltd


瑞华兴业有限公司SHINE WIN INC. LIMITED


浙商银行股份有限公司China Zheshang BANK Co., Ltd.


江苏张家港农村商业银行股份有限公司Jiangsu Zhangjiagang Rural Commercial Bank Co., Ltd.


交通银行股份有限公司和交银国际信托有限公司Bank of Communications Co., Ltd.  and Bank Of Communications International Trust Co.,Ltd


海南国际清算所股份有限公司Hainan International Clearing House Co. LTD


中海企业发展集团有限公司China Shipping Enterprises Development Group Co.


中广核风电有限公司CGN Wind Power Co.


河南民航发展投资集团有限公司Henan Civil Aviation Development Investment Group Co.


江西省金融控股集团有限公司Jiangxi Financial Holding Group Co.


沈阳地铁集团有限公司Shenyang Metro Group Co.Ningbo Xianfeng New Material Co., Ltd. (300163)


Anzheng Fashion Group Co., Ltd. (603839)


Zhejiang Xinhua Chemical Co., Ltd. (603867)


Xiamen Solex High-Tech Industries Co., Ltd. (603992)


Shanghai CEO Environmental Protection Technology Co., Ltd. (688335)


Wells Advanced Materials (Shanghai) Co., Ltd. (301555)


Liaoning Shenhua Holdings Co., Ltd. (600653)


Zhejiang Xiaolun Pharmaceutical Machinery Co., Ltd.


Baosteel Metal Co., Ltd.


Shanghai Technology Venture Capital (Group) Co., Ltd.


Bailian Group Co., Ltd.


Commercial Aircraft Corporation of China, Ltd.


Xiamen Semiconductor Investment Group Co., Ltd.


Taiping Asset Management Co., Ltd.


Unisoc (Shanghai) Technologies Co., Ltd.


Shanghai Yaohua Pilkingyon Glass Group Co., Ltd.


Guangxi Wuzhou Zhongheng Group Co., Ltd. (600252)


Shanghai Construction Real Estate Co., Ltd.


Chongqing Spring Technology Co., LTD


重庆思普宁科技股份有限公司Chongqing Yuxin Pingrui Electronic Co., Ltd.


重庆瑜欣平瑞电子股份有限公司Yide (Chongqing) Private Equity Fund Management Co., Ltd.


毅德(重庆)私募基金管理有限公司China Merchants Ecological Environmental Protection Technology Co., Ltd.


招商局生态环保科技有限公司Huaneng Chongqing Tongliang Energy Sales Co., Ltd.


华能重庆铜梁能源销售有限责任公司Chongqing Grain Group


重庆粮食集团有限责任公司Sichuan Yingang Yitong Camshaft Technology Co., Ltd.


四川银钢一通凸轮科技股份有限公司Chongqing Tenghai Industry and Trade Co., Ltd.


重庆腾海工贸有限公司Chongqing Yongchuan Urban Development Group Co., Ltd.


重庆永川城市发展集团有限公司Chongqing Qianxin New Energy Co., Ltd.


重庆千信新能源有限公司Zybio Inc.


中元汇吉生物技术股份有限公司China Merchants Chongqing Communications Technology Research & Design Institute Co., Ltd.


招商局重庆交通科研设计院有限公司Qiande Biomedical Technology (Chongqing) Co., Ltd.


乾德生物医疗技术(重庆)有限公司Luzhou Huixing Investment Group Co., Ltd.


泸州汇兴投资集团有限公司Suining Yucheng Construction Co., Ltd.


遂宁裕城建设有限公司Huaneng Chongqing Energy Sales Co., Ltd.


华能重庆能源销售有限责任公司


Principaux dossiers


  • Assisted XCMG Construction Machinery Co., Ltd. issuing Targeted Asset-Backed Notes of Phase I, Phase II and Phase III in 2023.
  • Acted for Wells Advanced Materials (Shanghai) Co., Ltd. (301555.SZ)’s IPO issuance and listing on the on the ChiNext Board.

Guantao Law Firm

The Guantao Law Firm securities and capital market committee are praised by clients for their, ‘honest, diligent, and outstanding professional standards’. Beijing-based practice head Bo Su advises on the domestic and overseas listings and asset restructurings. Working from Shenzhen, Yaping Huang excels in issuing and converting corporate bonds. In Beijing, Wenliang Zhang often assists clients in acquisition and restructure of listed companies.

Responsables de la pratique:

Bo Su


Autres avocats clés:

Liguo Cui; Yaping Huang; Jingmei Hao; Dongying Sun; Wenliang Zhang; Fan Wang; Rongyuan Xu


Les références

‘The lawyers are diligent, and have outstanding professional standards.’

‘Guantao Law Firm has extensive experience in our state-owned enterprise projects and is able to provide constructive opinions and suggestions. Bo Su and Wenliang Zhang are able to analyse the risks and pros and cons for us from the company’s perspective reasonably and coherently.’

Principaux clients

Shanxi Coking Coal Energy Group Co., Ltd.


BBMG Corporation


Shenzhen Kinwong Electronic Co., Ltd.


Sihui Fuji Electronics Technology Co., Ltd.


Xi’an Triangle Defence Incorporated Company


Shanxi Nonferrous Yulin New Materials Group Co., Ltd.


Youpin Automobile Service Group Co. LTD


U Power Limited


Zhongran Investment Limited Company


Shenzhen Qianhai Yifang Hengrong Commercial Factoring Co., Ltd.


Bank of Dalian Co., Ltd


Shenzhen Stalagnate Private Equity Investment Fund Partnership (Limited Partnership)


SDIC, Haiwang and Lingang VC


Rizhao Transportation Energy Development Group Co. LTD


Nanjing Baose Co., Ltd.


Principaux dossiers


Hai Run Law Firm

Headquartered in Beijing, Hai Run Law Firm has a particular focus on providing clients with legal services concerning issuing and converting bonds. Splitting his time between Beijing and Shanghai, Xiaodong Wang advised on a number of multibillion-RMB non-public offering of shares and IPOs. In Beijing, Kebing Yan has notable experience advising on IPO and listings, and acting for listed companies with refinancing and restructuring, as well as asset securitisation mandates, while Shenghuai Zhang is recommended for domestic issuance and restructurings.

Responsables de la pratique:

Xiaodong Wang


Autres avocats clés:

Kebing Yan; Shenghuai Zhang; Yushuan Zhu


Principaux clients

Huainan Mining (group)co.,ltd.


China Reform Holdings Corporation Ltd


Nanning Rail Transit Co.,Ltd(NNRT)


Wencan Group Co.,Ltd.


Dajin Heavy Industry Co.,ltd.


AIMA Technology Group Co.,Ltd.


Yihang AMC


Singatron Electronic (China) Co., Ltd.


Hefei Hengxin Life Science and Technology Co., Ltd.


China Coal Power Co., Ltd.


Guangzhou Koncen BioScience Co., Ltd.


Xiamen Sinic-Tek Intelligent Technology Co.,Ltd.


Suzhou Parsun Power Machine Co., Ltd.


China Technology Exchange Ltd.


Beijing GO-WELL Electrical Technology Co.,Ltd


Tongguan Mines Construction Co., Ltd. Of Tongling Nonferrous Met


Beijing BRIO Electronic Technologies Ltd.


Yongcheng Coal and Electricity Holdings Group


Principaux dossiers


  • Advised Huaiming Group on its issuance of 11.5 billion yuan series of ultra-short-term financing bonds.
  • Advised Singatron Electronic (China) Co., Ltd. on its initial public offering of A-Shares and listing on the ChiNext of the Shenzhen Stock Exchange.
  • Advised China Reform Holdings Corporation Ltd. on its issuance of RMB9bn series of ultra-short-term financing bonds.

JunZeJun Law Offices

JunZeJun Law Offices' team draws praise for its solid knowledge in complex bond issuance, ABS, refinancing, mergers and acquisitions of listed companies. Yunbo Li is experienced in bond issuance, including RMB Yulan Bond, and Weigang Shi regularly handles listings on the Shanghai and Shenzhen stock exchanges. Founding partner Xiuming Tao is also a key name to note.

Responsables de la pratique:

Xiuming Tao; Yunbo Li; Xiangchun Zhong; Weigang Shi


Principaux clients

Bank of China Limited


BAIC BluePark New Energy Technology Co., Ltd.


Shenzhen Walt New Material Co.


Aerospace Hongtu Information Technology Company Limited


Beijing Huanong Weiye Seed Technology Co.


Shenzhen Haon Automotive Electronic Equipment Company Limited


Qingdao Haojiang Intelligent Technology Co.


Qiaofeng Intelligent Equipment Company Limited


International Capital Market Association


International Securities Lending Association


Principaux dossiers


  • Successfully advised the Bank of China Limited Macau Branch in completing the pricing of the first RMB “Yulan Bond”.

Merits & Tree Law Offices

The Merits & Tree Law Offices team is praised for its ‘high level of attention and responsibility’. It is well versed in a range of capital markers matters, including IPOs in domestic and overseas stock exchanges, refinancing of listed companies; it also advises listed companies on compliance matters. The team is jointly led by Yuepeng Wang in Beijing, and Shanghai-based Bai Cui and Lili Du. Wang recently advised a semiconductor company on its listing on the Shanghai STAR Market. Cui handles IPOs as well as convertible corporate bonds issuance.

Responsables de la pratique:

Yuepeng Wang; Bai Cui; Lili Du


Autres avocats clés:

Ruiming Jiang; Chao Zheng; Tongyun Li; Shouchun Xu; Shanshan Hou


Les références

‘ Merits & Tree Law Offices have shown a high level of attention and responsibility towards our company, providing efficient communication and problem-solving services.’

‘The legal documents issued by Merits & Tree Law Offices are of very high quality, providing great support for the work of the company and other intermediary institutions.’

Principaux clients

Jiangsu Xiechang Electronic Technology Group Co., Ltd.


Wuxi Yelong Precision Machinery Co., Ltd.


Hongyuan Green Energy Co., Ltd.


Yanpai Filtration Technology Co., Ltd.


Suzhou Convert SEMICONDUCTOR Co., Ltd.


Qingdao Bellinturf Industrial Co., Ltd.


Suzhou Shihua New Material Technology Co., Ltd.


Befar Group Co., Ltd.


Changzhou Shichuang Energy Co., Ltd.


Wuhan YZY Biopharma Co., Ltd.


Principaux dossiers


Shihui Partners

Shihui Partners covers both domestic and cross-border matters, most notably Hong Kong IPOs. A diverse client roster, comprised of technology, infrastructure development and healthcare companies. Practice head Jian Zhang is ‘well-versed in the various rules and practical operations of domestic and foreign capital markets', and regularly advises on Hong Kong IPOs. Daqian Zhang provides support on a variety of listings in sectors including advanced manufacturing, renewable energy, and healthcare.

Responsables de la pratique:

Jian Zhang


Autres avocats clés:

Daqian Zhang


Les références

‘Jian Zhang provided us with professional, rigorous and meticulous legal services throughout the process, playing a vital role.  He has outstanding professional ability and is well versed in the various rules and practical operations of domestic and foreign capital markets.’

Principaux clients

JINGDONG Industrials, Inc.


Guming Holdings Limited


ZG Group


Edianyun Limited


Woodpecker International INC


JINGDONG Property, Inc.


Decent Holding Inc.


Jinxin Technology Holding Company


Nanjing Polymer Medical Technology Co., Ltd.


Shandong Hongjitang Pharmaceutical Group Co., Ltd.


China International Capital Co., Ltd.


Principaux dossiers