China (National) (asialaw)

Work highlights

Advised Shanghai Pudong Development Bank in arranging an Rmb16 billion ($2.2 billion) acquisition loan facility to finance the acquisition of Zhuhai Wanda Commercial Property Management Group by a consortium led by PAG, ADIA and Mubadala.

Represented China Construction Bank Corporation and Bank of China in successfully forming a syndicate to issue the first cross-border loan of Rmb4 billion ($557 million) to Syngenta Group (Hong Kong) Holdings.

Key clients

BNP Paribas, HSBC, Morgan Stanley, Standard Chartered Bank

Work highlights

Acted as the PRC legal adviser for the underwriter to advise Meituan on completing the $2.5 billion offshore bond issuance. This transaction is the largest issuance in the offshore bond market for Chinese-funded enterprises in the past three years, and it is also the first bond issuance by a Chinese-funded TMT company under Rule 144A/Regulation S in the past two years.

Acted as the PRC legal adviser for the sole sponsor and underwriter on QuantumPharm’s completing of the listing of the first stock listed under Hong Kong Chapter 18C.

Key clients

Huatai Financial Holdings (Hong Kong), Morgan Stanley, Shanghai Xiaofang Pharmaceutical

Work highlights

Represented Mercedes-Benz to file a leniency application with the State Administration for Market Regulation for a suspected cartel arrangement among multiple automakers with respect to the non-compete for recyclability, recoverability and the use of recyclates and the taking-back of end-of-life vehicles.

Represented China Resources Pharmaceutical Commercial Group as counsel in the strategic alliance with Pfizer, securing exclusive mainland China commercialisation rights to four oncology drugs and the transfer of Pfizer’s associated sales force while navigating complex antitrust, pricing, customs, and bonded zone compliance issues.

Key clients

BHP Group, Chongqing Zongshen New Intelligent Manufacturing Technology, JIC Capital

Work highlights

Represented China Railway Signal & Communication International (CRSC) as counsel in reviewing tender documents and negotiating the engineering, procurement, and construction contract to secure the winning bid. This project is the CSRC’s first in Algeria's country market and also the first for CSRC in the field of overseas urban rail transit electromechanical EPC contracting.

Represented Jinko Solar as counsel in the formation of a joint venture with Saudi Arabia’s Public Investment Fund to develop a landmark 10GW high-efficiency module project. This is Jinko Solar's largest overseas investment project to date and may become the largest overseas manufacturing base for China's photovoltaic cell and module industry.

Key clients

China Nuclear Power Engineering, SANY Renewable Energy

Work highlights

Advised Grifols on completing the sale of a 20% stake in Shenzhen Stock Exchange-listed company Shanghai RAAS to Haier Group and established a long-term strategic cooperation with Haier Group and Shanghai RAAS.

Acted as legal counsel for JCET Group in the acquisition of an 80% equity stake in SanDisk Semiconductor (Shanghai) for approximately $624 million. This transaction serves as a prime example of Chinese high-tech enterprises expanding globally and collaborating with multinational corporations in the context of global supply chain transformation.

Key clients

Advent International, CP Pharmaceutical (Qingdao), Sinopec Capital

Work highlights

Represented Veritas, the exclusive licensee of the Real Madrid Foundation in China, in an unfair competition lawsuit involving exclusive cooperation rights with Real Madrid. The JunHe team explained the plaintiff's rights foundation from multiple levels and perspectives, ultimately gaining the court's support.

Represented Golfzon in a series of intellectual property lawsuits against counterfeiters in various cities in China. Golfzon obtained court support for evidence preservation and obtained a litigation injunction from the Liaoning High People's Court.

Key clients

Beijing Qihoo Technology, Genco Holdings Group, Zhejiang Jinke Tom Culture Industry

Work highlights

Advised Genor Biopharma on achieving a transaction worth over $400 million through the NewCo Model, which is a new approach for the overseas expansion of pharmaceutical products, balancing short-term gains with long-term expectations from a commercial perspective, and it is gradually attracting the attention of domestic pharmaceutical companies and foreign funds.

Represented Migu Company as claimant in the Beijing Internet Court against Wuhan Image and Chongqing Drama Fan Company for infringing Migu’s exclusive network-distribution rights to a Japanese drama on Renren Video.

Key clients

Biocytogen Pharmaceuticals, Guangzhou Jiayue Pharmaceutical Technology, Jacobio Pharmaceuticals Group

Work highlights

Acted as the legal adviser to Bohua Capital on fully participating in the preparation, establishment and fundraising of the Cultural Tourism Fund and the Angel Fund.

Advised Wuxi Innovation Investment Group on its Series B investment in Jiangsu Hengrui Medicine.

Key clients

CICC Capital, PAG, Primavera Capital Group

Work highlights

Represented Geely in the EU anti-subsidy investigation. This case is a rare instance of a self-initiated EU action with significant political implications.

Advised a leading company in the new energy industry in China on conducting risk assessments on the export control and economic sanction compliance programme, which covered a wide range of business segments.

Key clients

China Machinery Industry Construction Group, Sungrow Power Supply

Work highlights

Acted as the insolvency administrator of the consolidated reorganisation of Yanggu Xiangguang Copper and 19 other companies with Rmb60 billion ($8.4 billion) debt involved. This case is one of the largest bankruptcy reorganisation cases in China in terms of the total amount of claims filed this year.

Acted as the bankruptcy administrator of the reorganisation of Shanghai Dongying Real Estate, a residential apartment developer.

Key clients

Dongying Fangyuan NonFerrous Metals, Guangdong Rongtai Industry

Work highlights

Advised a well-known international sports organisation on tax matters in relation to a cooperative arrangement with a Chinese company.

Advised a well-known hotel group management company on reducing tax compliance risks. The project involves not only domestic intellectual property and tax issues but also intellectual property arrangements in regions such as Hong Kong and Singapore.