Firms To Watch: Regional coverage: Jiangsu Province: Nanjing

C&T Partners is a solid name to note for pre-IPO financing and IPO transactions.

Regional coverage: Jiangsu Province: Nanjing in China

Nanjing is one of the key cities in Eastern China and the Yangtze River Delta region. Eastern China has a relatively high level of economic and social development and regional openness and cooperation. It is densely populated and is the most economically developed region in China. The rapid economic growth of the city has had a strong impact on the development of the Jiangsu and neighbouring Anhui provinces. The main industries of Nanjing include electronics, automobiles, manufacturing and petrochemicals, with shipping as a fast-growing sector. The Third Circuit Court of the Supreme People’s Court is located in Nanjing and has jurisdiction over five provinces including the cities of Jiangsu, Shanghai, Zhejiang, Fujian and Jiangxi. There is a steady flow of major cross-administrative division cases and other complex cases. There are well over two thousand law firms in Jiangsu province, which includes a mix of Beijing- and Shanghai-headquartered full-service and boutique firms as well as local firms.

AllBright Law Offices

Established in 2010, Allbright Law Offices‘ Nanjing office leverages its network of offices in eastern China, and advises clients in Shanghai, Tianjin, Zhejiang and Jiangsu provinces. The team focuses on dispute resolution, real estate, capital markets and securities, IP, and international trade. Its recent instructions also saw the group advising on a steady flow of overseas IPOs, cross-border M&A transactions, multibillion-RMB bond issuances, financing, and high-profile restructuring and insolvency matters. Yukun Zhang and Qing Xi are noted for corporate, capital markets and restructuring matters while practice head Tongmu Ni is highly regarded for commercial disputes, and counts government agencies, state-owned enterprises, domestic and foreign listed companies among his clients.

Practice head(s):

Tongmu Ni

Other key lawyers:

Yukun Zhang; Qing Xi; Zuan Sun

Key clients

NanJing Aquamagic Park Co., Ltd.

Nanjing Zhongxing Real Estate Development Co., Ltd.

Nanjing Jiangbei New Area Public Assets Investment and Development Co., Ltd.

Nanjing Jiangbei New Area Public Assets Investment and Development Co., Ltd.

A trust company in Anhui

Huatai Securities Co., Ltd.

Nanjing Yangzi State-owned Investment Group Co., Ltd.

Guo Rui Technology Co., Ltd.

Jiangsu International Trust Co., Ltd.

Work highlights

  • Acted for Jiangsu International Trust Co., Ltd. on the establishment of  Jiangsu Trust-Xinbaosheng No. 173 (Hua Finance Management) collective fund trust plan, with a trust value of RMB10bn.
  • Assisted Huatai Securities with the issuance of multiple corporate bonds, including the issuance of Huatai Securities Co., Ltd. in the first to fourth phases of the 2020 public issuance of corporate bonds to qualified investors, with a total issuance of RMB20bn.

Dentons

Dentons is particularly noted for its dispute resolution capability, with the team handling a broad range of complex commercial disputes. It also advises on capital markets, insolvency and bankruptcy, labour and employment,  real estate and construction, banking and finance, and data compliance matters. Managing partner Yongming Shen leads the 125-partner team which includes Ting Lu, who recently handled a number of high-value project financing transactions and disputes arising from the construction of an oil and gas collection and purification station; Pei Xu who focuses on domestic and foreign M&A and financing transactions; Bin Zuo who is a key name for restructuring and insolvency matters; and Chao Xu who is noted for contentious matters.

Practice head(s):

Yongming Shen

Key clients

China Energy Construction Group Jiangsu Electric

Power Design Institute Co., Ltd.

China Energy Construction Group Jiangsu Power

No.1 Engineering Company

Shuangdeng Group Co., Ltd.

Jiangsu Rituo Photovoltaic Technology Co., Ltd.

Jiangsu Keneng Electronic Engineering Consulting Co., Ltd

Suzhou Jinfu Technology Co., Ltd.

Xuzhou Zhenxin Venture Capital Co., Ltd.

Hartalega Sdn. Bhd.

Poly Jiangsu Real Estate Development Co., Ltd.

Shenzhen International Ports Development (Shenzhen) Limited

China Great Wall Asset Management Co., Ltd. Jiangsu Branch

Ping An Bank Co., Ltd. Nanjing Branch

Nanjing Greentown Real Estate Co., Ltd.

Nanjing Baoneng Urban Development Co., Ltd.

Nanjing Dongyuan Real Estate Development Co.,Ltd.

Xinhuanet Co., Ltd.

Minmetals Real Estate East China Regional Company

Beijing Longhu Real Estate Co., Ltd.

Jinmao Suwan Enterprise Management (Tianjin)Co., Ltd.

Nanjing Zhengrong Dexin Real Estate DevelopmentCo., Ltd.

The People’s Bank of China Nanjing Branch

China Everbright Bank Co., Ltd. Nanjing Branch

HSBC Bank (China) Company Limited Nanjing Branch

Hang Seng Bank (China) Limited Nanjing Branch

Jiangsu Guoxin Investment Group Limited

Guoyuan Securities Company Limited

Zijin Trust Co., Ltd.

Suning Financial Services (Shanghai) Group Co.,Ltd.

Suning. Com Group Co., Ltd.

Shanghai Mosheng Asset Management Co., Ltd

Work highlights

  • Acted for China Everbright Bank Nanjing Branch on its participation in its RMB1bn debt restructuring of Sanpower Group.
  • Advised Poly Jiangsu Real Estate Development on its acquisition of Nanjing Yifeng Real Estate Company and Yangzhou Yirui held by Nanjing Yiju Construction Co.

Grandall Law Firm

Grandall Law Firm fields a number of highly regarded practitioners who regularly handle complex capital markets, cross-border M&A and contentious matters. Guoqiang Ma focuses on financing and M&A transactions; managing partner Xiangming Liu is experienced in IPOs, cross-border investments and M&A transactions; Shijun Zhou and Jie Che excel in insolvency and restructuring, and litigation and arbitration, respectively; and Kuilin Qiu recently acted for Wangsu Science and Technology in a series of patent infringement disputes against Guizhou BaishNCloud Technology including successfully invalidating all the patents involved in the other party’s cases, forcing the other party to drop the cases in Guiyang Intermediate People’s Court, and obtaining a favourable ruling at first instance before the Nanjing Intermediate People’s court.

Work highlights

  • Acted for Wangsu Science and Technology in a series of patent infringements against Guizhou BaishNCloud Technology including successfully invalidating all the patents involved in the other party’s cases, forcing the other party to drop the cases in Guiyang Intermediate People’s Court on its own initiative, and obtaining a favourable ruling at the first instance of Nanjing Intermediate People’s court.

Jiangsu Fides Law Firm

Jiangsu Fides Law Firm is well equipped to handle a broad mix of corporate, capital markets (with a niche focus on securities litigation), real estate and construction, employment, IP and dispute resolution matters. The team is led by founding partner Yang Chen, who has a solid track record of handling mass labour disputes with significant national influence. Fusong Huang is recommended for real estate and construction, and IP matters; Liang Zhou focuses on disputes arising from financing and M&A transactions as well as construction disputes; and Hongjun Ma specialises in private wealth and family matters.

Practice head(s):

Yang Chen

Other key lawyers:

Liang Zhou; Fusong Huang; Hongjun Ma

Key clients

Jiangsu Delong Nickel Industry Co., Ltd.

Postal Savings Bank of China Co., Ltd. Jiangsu Branch

Jiangsu Provincial People’s Congress Organ Service Centre

Jiangsu International Tendering Corporation

PICC Property and Casualty Co., Ltd. Suqian Branch

Ping An Bank Co., Ltd. Nanjing Branch

Suyin Wealth Management Co., Ltd.

Xuzhou Jinhong Steel Group Co., Ltd.

Saint-Gobain (China) Investment Co., Ltd.

The Cathay Funds (US)

Alibaba Group Holding Ltd.

China Export & Credit Insurance Corporation

China Jiangsu International Economic and Technical

Cooperation Group, Ltd.

China National Petroleum Corporation

Zijin Trust Co., Ltd.

Jiangsu Agricultural Financing Guarantee Co., Ltd.

Jiangsu Suning Bank Co., Ltd.

China CITIC Bank Corporation Limited

Bank of Jiangsu Co., Ltd.

China Mobile Group Jiangsu Co., Ltd. Nanjing Branch

Jiangsu Changqing Agrochemical Co., Ltd.

Jiangsu Nandasoft Technology Co., Ltd.

China Galaxy Securities Co., Ltd.

Jiangsu Phoenix Property Investment Co., Ltd.

Jiangsu Provincial People’s Government

Suzhou Personnel Examination Institute

Yangzhou University

Work highlights

  • Successfully represented Bank of Jiangsu in an employment litigation dispute.

Jincheng Tongda & Neal

Jincheng Tongda & Neal‘s Nanjing office focuses on banking and finance, securities and capital markets, private equity and venture capital, M&A and restructuring, corporate governance and compliance, disposal of non-performing assets, real estate and construction, IP, and commercial disputes. The team includes practice head Fei YeYuhao Xie and Wei Hong who are key names for private equity investment, securities and capital markets and commercial insurance; Jianhua Wu who specialises in disputes, white-collar criminal law and compliance, and IP matters; and patent attorney Xiaojun Wang who has notable experience in IP, international trade and compliance matters.

Practice head(s):

Fei Ye

Key clients

Nanjing Metro Group Co., Ltd. 南京地铁集团有限公司

Bank of Nanjing Co., Ltd. 南京银行股份有限公司

Chenzhou Industry Investment Group Co., Ltd. 郴州市产业投资集团有限公司

Bank of Communications Limited 交通银行股份有限公司江苏省分行

Jiangsu Branch of Shanghai Hualong Securities Co. LTD 上海华龙证券股份有限公司江苏分公司

Nanjing Culture Investment Holding Group Co. LTD 南京市文化投资控股集团有限责任公司

China Great Wall Asset Management Co., LTD. Jiangsu Branch, 中国长城资产管理股份有限公司江苏省分公司

Huadian Jiangsu Energy Co., LTD 华电江苏能源有限公司

Nanjing Railway Construction investment Co. LTD 南京铁路建设投资有限责任公司

Nanjing Urban Construction Investment Holding (Group) Co. LTD 南京市城市建设投资控股(集团)有限责任公司

Work highlights

  • Assisted Nanjing Metro with successfully issuing an RMB10bn green corporate bond.
  • Acted for the Bank of Nanjing Co., Ltd. on the issuance of RMB14.5Bbn tier 2 capital bonds.
  • Advised Yangzijiang Fund on its investment exceeding RMB2bn in Xincheng Equity Fund, which was the first debt-to-equity fund operated by Yangzijiang Fund and Huaxia Bank.

King & Wood Mallesons

Established in 2017, King & Wood Mallesons' Nanjing team is a popular choice for leading household names in industries including financial services, fintech, healthcare and life sciences, media and entertainment, construction and energy. The team regularly cooperates with colleagues within its network of offices across China and is growing its capital markets, corporate investment and financing, private equity and debt restructuring presence where it handles a steady flow of multibillion-RMB transactions. It also hired a number of partners and counsels from Grandall Law Firm in 2020. Managing partner Mingyuan Zhang 'can maintain good communication with clients and has strong professional capabilities'; Liufang Shi, a former commercial court judge, is highly regarded for commercial disputes; and Janet Gu excels in advising financial institutions and intermediaries, and recently assisted with a number of special loans matters to companies seriously affected by Covid-19. Sharon Ma is active in Belt and Road initiatives, greenfield investment and government relations and external activities.

Practice head(s):

Mingyuan Zhang

Other key lawyers:

Liufang Shi; Sharon Ma; Janet Gu; Zheng Ding

Testimonials

King & Wood Mallesons can deeply understand the needs of their clients. From the company system to the cultural background, from the work process to the government supervision, from the language exchange to the charging model, it can maintain a high degree of tacit understanding with its clients.

King & Wood Mallesons follows the principles of reasonableness, flexibility and transparency in its fees, and fully considers market trends and influences. The firm is willing to openly discuss with clients a win-win charging method based on the project situation. Its unique corporate management system can gather lawyers with professional backgrounds in multiple fields to provide clients with a full range of legal services. The close cooperation of various business departments enables King & Wood Mallesons to design the most creative and pragmatic service products and service models for clients.

The team has solid legal knowledge, a serious and careful work attitude, considerate and detailed service to clients, and reasonable billing, which has brought high-quality legal services to the legal market in Jiangsu and Nanjing.

‘Janet Gu is good at dealing with various types of clients. She can not only provide high-level legal services for foreign clients but also provide pragmatic solutions for local clients.’

The team is knowledgeable and responsive to our needs.

‘Mingyuan Zhang has a high degree of involvement in cases and provides a good and efficient service. He can maintain good communication with clients and has strong professional capabilities.

Janet Gu is responsive.

Key clients

China Baowu Steel Group Corporation Limited (“China Baowu”)

Trina Solar

Xuchang KETOP Testing Research Institute Co., Ltd

CR Chemical Materials Technology Inc.

Huatai Securities Co., Ltd.

China Everbright Limited

Jiangsu Provincial Overseas Cooperation and Investment Co., Ltd.

Asian Development Bank

International Finance Company

Shanghai Baosight Software Co., Ltd.

Work highlights

  • Advised China Baowu Steel Group Corporation Limited on its acquisition of a 51% shareholding interest in Taiyuan Iron & Steel (Group) Co., Ltd.
  • Advised Trina Solar on its initial public offering of A shares and listing on the STAR Market of the Shanghai Stock Exchange and raising of RMB2.53bn.
  • Advised Xuchang KETOP Testing Research Institute Co., Ltd (Stock Code: 003008) on its initial public offering of A-shares and listing on the SME Board of the Shenzhen Stock Exchange and raising of RMB555.6723m.

Zhong Lun Law Firm

Zhong Lun Law Firm‘s broad client base includes government agencies, and medium to large-sized companies in sectors including real estate and construction, financial services, logistics, and shipping. Jianhui Tang and Haitao Wang are noted for debt restructuring and non-performing asset disposal matters; Huaining Sun has particular expertise in environmental compliance matters; and Zhiqiang Wei is highly regarded in the real estate and construction space, handling financing, development and disputes. The team recently welcomed antitrust, IP and data protection specialist Jianhua Guo, who joined from an in-house role at Suning and domestic listing-focused Liang Yang who joined from C&T Partners.

Practice head(s):

Jianhui Tang

Key clients

GCL (Group) Holdings Co., Ltd.

Huaren Construction Group Co., Ltd.

Jiangsu Shuanglou Construction Group Co., Ltd.

China Cinda Asset Management Co., Ltd. Jiangsu Branch

Yufa Construction Group Co., Ltd.

Nanjing Qiqiao Construction and Installation Engineering Co., Ltd.

Anhui Zhongxia Construction and Installation Co., Ltd.

Jiangsu Cangchen Pension Industry Co., Ltd

Gemdale Group Nanjing Real Estate Co., Ltd.

Luneng group

Work highlights

  • Acted for GCL (Group) Holdings Co., Ltd. in a construction contract dispute with China Energy Construction Group Co., Ltd.
  • Advised Jiangsu Shuanglou Construction Group Co., Ltd on the funding of RMB100m for the acquisition of Nanjing Green Advanced Material Technology Co., Ltd.
  • Acting as debtor’s legal counsel for the debt restructuring of Sanpower Group Co., Ltd. and its affiliates.