Mergers & Acquisitions and Joint Ventures
Advised Alibaba in connection with its offshore strategic investment in Yi23, an online dress leasing company.
Advised Alibaba in connection with exit of its offshore strategic investment in a map APP company.
Advised a PRC buyer consortium (led by a leading PRC PE and an A-share listed company) in connection with the proposed overseas acquisition of a leading U.S. pharmaceutical company in an amount of approximately USD$2 billion in a sale bidding and the proposed share swap of shares of an A-share listed company.
Advised Geely Auto (00175.HK) in connection with its proposed merging with Volvo Group and restructuring of business.
Advised PAG in connection with its acquisition of a controlling stake in Yinde Gases (02168. HK).
Advised CAA (Creative Artist Agency) and CMC on CMC’s offshore investment in CAA China and CAA China’s follow-up investment in China.
Advised Oaktree Capital in connection with sale to Citic Capital of Axilone Group, a global premium cosmetics packaging provider.
Advised Catalent Group in connection with sale of its health care product manufacturing business in China to an industry buyer in Hong Kong.
Advised Face ++ in connection with its acquisition of an AI algorithms company WestAlgo.
Advised Dianrong.com in connection with its acquisition of a controlling stake in an online small loan company.
Advised Central Huijin Investment in connection with its RMB4 billion acquisition of a 38% stake in New China Life Insurance.
Advised Eastern Airline in connection with its establishment of a joint venture engaging in provision of certain airline related services partnering with China Telecom and JuneYao Group.
Advised a reputable U.S. company in connection with its proposed establishment of a joint venture in China engaging in entertainment TV shows partnering with SMG.
Advised BNY Mellon Asset Management, a top 11 global asset manager, to establish a fund joint venture company in China.
Advised CVRD, one of the world’s largest iron ore producer and exporter, to establish an iron ore pellet manufacturing joint venture in China.
Private Equity/Venture Capital Investments
Advised Hillhouse Capital in connection with its investment in (and then exit of) two subsidiaries of Midea, engaging in the business of manufacture of dish-washing machine and refrigeration equipment.
Advised Hillhouse Capital in connection with its minority investment in Tudou.com.
Advised Goldman Sachs in connection with its minority investment in Sky Flying, an advertising company.
Advised a reputable U.S. Dollar fund in connection with its minority investment in a leading autopilot company Momenta.
Advised Sequoia Capital in connection with its investment in Hoolai gaming company.
Advised New Horizon Capital in connection with its investment in Wanda Cinema Chain.
Advised Tencent in connection with its investment in a community e-commerce company Xiaohongshu.
Advised Qixing Capital in connection with its strategic investment in a social e-commerce company Peanut Diary.
Advised certain venture capital in connection with its several minority investments in the industry sectors of e-commerce of jewelries, on-line education and training, artiest agency and media, etc., and provided consulting services post the investments.
Advised certain venture capital in connection with its several proposed minority investments in the industry sections of e-commerce of leftover stock, food, appliances and information platform of restaurants.
Advised HBM Healthcare Investments in connection with its investment in Cathay Biotech (688065) prior to Cathay’s initial public offering.
Advised GHS Investment Management in connection with its investment in a medical care software company.
Advised the founder of a portfolio company in connection with its settlement with a reputable offshore U.S. Dollar fund regarding a dispute related to earn-out.
Capital Market
Advised Tencent Group in the U.S. IPO of Tencent Music Entertainment Group.
Advised SinoMedia Holding Limited, a Chinese leading privately-owned CCTV media advertising operator, in its initial public offering and listing on the Hong Kong Stock Exchange.
Advised the underwriters in Bona Film Group’s initial public offering and listing on the NASDAQ Stock Exchange, the first Chinese film company’s overseas listing.
Advised Pang Da Automobile Trade Co., Ltd., the largest Chinese automobile distributor at the time, in its A-share initial public offering, the world’s largest initial public offering for automobile dealers at that time.
Real Estate Investments and Acquisitions
Advised Sincere Group in connection of its sale of a controlling stake to Singapore City Developments Limited (CDL) in an amount of RMB4.39 billion.
Advised J.P. Morgan in connection with its establishment of joint venture (acquisition of a controlling stake) for logistics facilities investment in China partnering with New Ease, which investment consists of logistics facilities of approximately $600 million located in Shanghai, Nanjing, and Suzhou, Wuhan, Changzhou and Fuzhou.
Advised certain international reputable REITs in connection with its proposed acquisition of several giant commercial and office real properties located in Beijing, Shanghai, Shenzhen and Guangzhou and of several logistics facilities located in Foshan, Suzhou, Wuhan, Hangzhou, Jiaxing, Haining, Tianjin, Chongqing, Chengdu and Guiyang.
Advised Zhejiang Jiangong Real Estate Group in connection with its sale of Euro America Financial City (EFC) Tower 6, a Premium Grade A office building located in the Hangzhou Future Sci-Tech City CBD, to Gaw Capital (the largest deal of office buildings in Hangzhou in recent years).
Advised a foreign investor in connection with sale of its equity interests in the joint venture real estate company to the Chinese party.
Advised Beijing Hualian Department Store in connection with its acquisition of a controlling stake in Beijing Willow Shopping Center.
Advised a financial institution in connection with its proposed acquisition of Shanghai HNA Tower.
Advised a local PRC government platform company in connection with its proposed establishment of a mega theme park with an international reputable IP in the area of Yangtze River Delta.
Advised a PRC company in connection with its proposed establishment of a mega theme park with an international reputable IP in the area of Pearl River Delta.
Advised the underwriter in connection with a PRC real estate company’s proposed issuance of REITs to be listed on Singapore Exchange with the underlying assets of first-rate international hotels located in Shanghai, Zhengzhou, Hefei and Xi’an.
Advised investment banks in connection with the restructuring of Hengda Real Property prior to its initial public offering and listing on the Hong Kong Stock Exchange.
Advised a Taiwan listed real estate company on the legal matters such as cross-border cash pooling related to operation and investment of its subsidiaries in China.
Restructuring and General Corporate
Advised Neoglory in connection with its corporate restructuring and restructuring of debts in an amount about of RMB 40 billion.
Advised Sincere in connection with its debt restructuring and corporate restructuring.
Advised Peanut Diary in connection with compliance issues of its business model (Peanut Diary was penalized by Guangzhou AIC a fine in an amount of about RMB 74,565,766 for its engagement of pyramid scheme via Peanut Diary APP).
Advised a fund manager in connection with self-check compliance due diligence over the manager and several funds under its management.