Hangzhou has a vibrant economy and in 2018 Forbes named it one of its top 10 innovative Chinese cities. It is well positioned to serve a multi-faceted economy, in areas such as the internet, capital markets, high-tech, innovation and entrepreneurship, and is known as the capital of e-commerce in China. The city has industrial parks and development zones, which has facilitated its growth. Hangzhou is home to e-commerce giant Alibaba Group Holding and China’s largest beverage producer Hangzhou Wahaha Group. Cybersecurity, data compliance and intellectual property are areas of niche focus for a large number of firms, as well as capital markets, foreign investments and private wealth management. The Hangzhou Internet Court plays a key role in the legal market and handles e-commerce and internet-related high-profile disputes. Hangzhou legal market generally serves Jiangsu and Zhejiang provinces and fields a large number of Beijing and Shanghai headquartered firms, as well as a number of well-regarded local and regional firms.
Regional coverage: Zhejiang Province: Hangzhou in China
King & Wood Mallesons
King & Wood Mallesons‘ Hangzhou office is a key destination in the East China region, together with its Shanghai, Suzhou and Nanjing offices. Its diverse client roster features SOEs, listed companies and a large number of high-tech start-ups; and the team has leading capital markets, corporate and M&A, cross-border investment, private equity and venture capital, and commercial disputes practice. The Hangzhou team also regularly assists its Beijing and Shanghai colleagues with big-ticket M&A and IPO transactions for major clients based in the Zhejiang province. Hangzhou office head Guojun Ye handled a steady flow of restructuring, reorganisation and domestic/offshore IPOs for numerous companies in the chemical, logistics, automotive, medical, real estate, gaming and other industries. Jin Liang and Ming Yang are also highly regarded for securities and capital markets and state-owned equity transfer as well as inbound and outbound investment, and Yingzhi Shan specialises in securities and private equity financing.
Practice head(s):
Guojun Ye
Other key lawyers:
Jin Liang; Yun Han; Ming Yang; Yingzhi Shan; Zhenjiang Li; Hui Ren
Testimonials
‘Yingzhi Shan and his team have rich experience‘.
‘The team is able to comprehensively consider legal compliance, tax compliance and capital markets, and assists the company to adjust the overall equity structure‘.
Key clients
Zhejiang Energy Group Co Ltd.
Zhejiang Communications Investment Group Co., Ltd.
Zhejiang Agricultural Holding Group Co., Ltd.
Wuchan Zhongda Group Co., Ltd.
CaiTong Securities Co., Ltd.
Zhejiang China Commodities City Group Co., Ltd.
Alibaba Group
Zhongan Group (ZhongAn Real Estate (00672.HK) and China New City
Tahoe Group Co., Ltd.
Ningbo Bank Co., Ltd.
Younger Group Co., Ltd.
YTO Express Co., Ltd.
Shengyue Network Technology (Shanghai) Co., Ltd（Shanda Games)
Zhefu Holding Group Co., Ltd.
Greenland Holdings Co., Ltd.
Venus Medtech (Hangzhou) Inc.
Ruhnn Holding Limited
Zhejiang Crystal-optech Co.,ltd.
Zhejiang Supcon Technology Co., Ltd.
Yinyi Group
高瓴 Investment
Hangzhou Culture & Creative Co., Ltd. (微拍堂)
Zheshang Securities Co., Ltd.
Zhejiang Zheshang Securities Asset Management Co., Ltd.
Wankai New Materials Co., Ltd.
Suzhou YourBest New-type Materials Co., Ltd.
Dongnan Electronics Co., Ltd
Goldman Sachs (Asia) L.L.C
Jiangsu Eastern Shenghong Co., Ltd.
FountainVest Partners (Asia) Limited
Cathay Capital
CGVC
Zhejiang Fuzhe Equity Investment Fund Management Co., Ltd
Work highlights
- Advised ZJMI Environmental Energy Co., Ltd. (603071.SH) on the spin-off from Wuchan Zhongda Group Co., Ltd. (600704.SH) and the initial public offering and listing on the main board of Shanghai Stock Exchange.
- Advised Youngor Group on its acquisition of 40% equity of UNDEFEATED, a fashion brand in US and advised on the daily operations and business of its PRC subsidiary.
- Acted for the fund manager of Huhangyong Hanghui REITs on the listing of Zheshang Securities Huhangyong Hanghui High-speed Closed Infrastructure Securities Investment Fund.
T&C Law Firm
T&C Law Firm is a Hangzhou-headquartered firm with a solid regional offering spanning capital markets, real estate and construction, TMT, commodity trade, international trade, IP, insurance and dispute resolution. It also has a patent and trade mark prosecution team. Managing partner Guoliang Jiang advises on corporate and commercial, fund formation and commercial disputes; Li Sun excels in civil and commercial disputes, restructuring and M&A transactions; Lixin Wang is well regarded in the construction and international trade space, and has ‘high efficiency in handling cases‘; and Jie Huang handles securities issuance and listing, and commodity trade dispute resolution. The team continues to expand and welcomed Wei Zhan and Chen Chen who joined from Alibaba and Ant Financial, respectively.
Practice head(s):
Guoliang Jiang; Lixin Wang; Li Sun
Other key lawyers:
Jie Huang; Ming Chen; Shuai Zhao; Fang Lu; Chen Chen; Wei Zhan
Testimonials
‘Lixin Wang is responsible, proficient in foreign-related business. He is patient with the parties, and has high efficiency in handling cases‘.
‘Fast response and strong team, comprehensive strength‘.
‘The team excels in equity investment, private equity, and capital markets, with professional legal level and fast service response‘.
Key clients
JH Bank Co., Ltd. Wucheng Branch
Shanghai New Huangpu Investment Management Co., Ltd.
Shanxi Dafu Real Estate Development Co., Ltd.
China Syndication Co., Ltd.
Jixin Energy (Zhejiang Free Trade Zone) Co., Ltd.
Hangzhou Samdi Technology Co., Ltd.
Zhejiang Saimo Intelligent Technology Co., Ltd.
Hangzhou Lingke Internet Network Technology Co., Ltd.
Hangzhou Zhongman Industrial Co., Ltd.
Zhejiang Menhardum Holding Co., Ltd.
Hangzhou Xiaoshan International Airport Co., Ltd.
Hangzhou Songcheng Group Holdings Co., Ltd.
Songcheng Performance Development Co., Ltd.
Hangzhou West Lake Scenic Area State-Owned Capital Investment & Operation Co., Ltd.
Hangzhou West Lake Xixi Tourism Construction Management Group Co., Ltd.
Ningbo Branch of China Export & Credit Insurance Corporation
Nanjing Haimao Real Estate Co., Ltd.
China Resources Land (Changzhou) Ltd.
Zhejiang Mingli Medical Technology Co., Ltd.
Ningbo Zhenyu Technology Co., Ltd.
Bank of Jinhua Co., Ltd.
Zhejiang Chouzhou Commercial Bank Co., Ltd.
Shanghai Xinpusheng Commercial Factoring Co., Ltd. (上海新浦晟商业保理有限公司)
Shanghai New Huangpu Investment Management Co., Ltd. (上海新黄浦投资管理有限公司)
Zhejiang Changxing Financial Holding Co., Ltd. (浙江长兴金控控股股份有限公司)
China Syndication
Hangzhou Jiayu Culture Media Co., Ltd. (杭州嘉育文化传媒有限公司)
Hangzhou Yun Chang Cultural and Creative Co., Ltd. (杭州云畅文化创意有限公司)
Hangzhou Samdi Technology Co., Ltd. (杭州杉帝科技有限公司)
Hangzhou Realy Tech Co., Ltd.
Zhejiang Saimo Intelligent Technology Co., Ltd. (浙江赛摩智能科技有限公司)
Hangzhou Link Network Technology Co., Ltd. (杭州凌克网络科技有限公司)
Hangzhou Yiliang Cloud Technology Co., Ltd.( 杭州猿宝互联网科技有限公司)
Tantan Cultural Development (Beijing) Co., Ltd.
Greentown Real Estate Group Company Ltd.
Bluetown Property Construction Group Co., Ltd.
Shanghai Bluetown Property Construction Management Co., Ltd.
Huangshan Bluetown Property Construction Management Co., Ltd.
Zhejiang Greencounty Industrial Development Co., Ltd.
Deqing County De’an Highway Construction Co., Ltd.
Hangzhou Zhiyi Real Estate Development Co., Ltd.
Hangzhou Bingte Technology Co., Ltd.
Zhejiang Greencounty Infrastructure Management Co., Ltd.
Zhejiang Shinsun Health Property Service Limited
Work highlights
- Advised Hangzhou Zhongman Industrial Co., Ltd. & Zhejiang Menhardum Holding Co., Ltd. on the largest case of unfair infringement, with a total amount of up to RMB20m.
- Advised Hangzhou Xiaoshan International Airport Co., Ltd. as one of the creditors of HNA Group on the bankruptcy reorganisation.
- Represented Ningbo Branch of China Export & Credit Insurance Corporation in an import and export credit insurance contract dispute against Ningbo Yiyuan Lighting Technology Co.
Zhong Lun Law Firm
Zhong Lun Law Firm‘s Hangzhou team, which is led by Yueqi Chen, was recently bolstered by the arrivals of capital markets specialist Huade Cheng from Tian Yuan Law Firm and Xinfan Chen, who focuses on infrastructure projects, from a local firm. Li Hao, who excels in traditional and new energy resources projects, led on several big-ticket transactions in the energy sector with recent work including advice to Beijing United Rongbang New Energy Technology on its RMB2.35bn acquisition of the equity of 11 wind power projects owned by Shanghai Sineng Investment and acting for China Energy Engineering Group Guangdong Electric Power Design Institute on the EPC project of the Xuwen offshore wind power project in Zhanjiang City, Guangdong Province. Other notable practitioners include Fangrong Wu who focuses on real estate financing and acquisition as well as contentious matters; Zhenyu Zhang who handles bond issuance and IPO transactions; and recently promoted partner Yu Yao who is the key name to note for private equity and investment funds, and capital markets transactions. Shengjie Zhang left the firm.
Practice head(s):
Yueqi Chen
Other key lawyers:
Liping Wang; Zhenyu Zhang; Li Hao; Yueqi Chen; Liangchen Li; Yu Yao; Fangrong Wu; Huade Cheng; Xinfan Chen
Testimonials
‘The team communicates very well‘.
Key clients
Hangzhou Nuogang Real Estate Co., Ltd. ( Zhejiang Jiangong Real Estate Development Group Co., Ltd. )
Anhui Huainan Pingwei Power Generation Co., Ltd.
Bank of Hangzhou Co., Ltd.
Beijing United Rongbang New Energy Technology Co., Ltd.
China Energy Engineering Group Guangdong Electric Power Design Institute Co., Ltd.
China Energy Engineering Group Northeast No.1 Electric Power Construction Co., Ltd.
China Power Hefei Energy Co., Ltd.
China Resources Power Investment Co., Ltd.
GLP New Energy (Shanghai) Co., Ltd.
Hangzhou Branch of Hengfeng Bank
Xinte Energy Co., Ltd.
Yiwu Greentown Jiaotou Real Estate Development Co., Ltd.
Zhejiang Energy Natural Gas Group Co., Ltd.
Zhejiang Kangyu Real Estate Co., Ltd. (Huaxia Sunshine Real Estate Group)
Zhejiang State-owned Capital Operation Co., Ltd
Zheneng Equity Investment Fund Management Co., Ltd.; Zhejiang Zheneng Green Energy Equity Investment Fund Partnership (Limited Partnership)
Work highlights
- Advised Hangzhou Nuogang Real Estate Co., Ltd. (Zhejiang Jiangong Real Estate Development Group on the development, construction and investment promotion of EIC commercial complex projects of Zhejiang Jiangong Real Estate Development Group.
- Represented Zhejiang Kangyu Real Estate Co., Ltd. (Huaxia Sunshine Real Estate Group) in a series of disputes arising from the pre-sale contract for commercial housing against 22 owners.
- Advised Beijing United Rongbang New Energy Technology Co., Ltd. which is affiliated with a company listed on the Hong Kong Stock Exchange on an acquisition of the target company equity of 11 wind power projects owned by Shanghai Sineng Investment Co., Ltd.
Allbright Law Offices
Allbright Law Offices has established practice groups spanning real estate and construction, corporate and commercial, banking and finance, and dispute resolution. It is a popular choice for capital markets transactions, and the team regularly advises clients on multibillion-RMB pre-IPO financing and IPO transactions as well as major restructurings of listed companies. Senior partner Xiaohong Zhang is the key name to note.
Practice head(s):
Xiaohong Zhang
Key clients
Assure Tech (Hangzhou) Co., Ltd.
Zhejiang Qianjiang Biochemistry Co., Ltd.
Zhejiang SSAW Boutique Hotel Management Co., Ltd.
Joy Kie Corporation Limited
Grandall Law Firm
Grandall Law Firm handles a steady flow of matters spanning capital markets, corporate and M&A, restructuring and insolvency, investment funds, and private equity. Tianfeng Shen is highly regarded for A-share issuances, pre-listing restructuring and insolvencies. Managing partner Huarong Yan has notable expertise in the technology, telecoms and internet fields.
Practice head(s):
Huarong Yan
Other key lawyers:
Tianfeng Shen
Key clients
CETC
Zhejiang Transportation Investment Group Co. LTD
Hangzhou Daily Newspaper Group Co. LTD
Zhejiang Energy Group
Zhejiang Seaport Investment Operation Group
Proya Group
Jiangsu Nuotai Aosino Biopharmaceutical Co., LTD
Hangzhou Guangli Microelectronics Co., LTD
Huadian Jiangsu Energy Co., LTD
Ningbo Ruyi Joint Stock Co., ltd
Zhuzhou CRRC Times Electric Co., LTD
Work highlights
- Advised Jiangsu Nuotai Aosino Biopharmaceutical on its listing on the Science and Technology Innovation Board.
Jingtian & Gongcheng
Capital markets powerhouse Jingtian & Gongcheng entered the Hangzhou market in November 2019, and field 9 partners that handle a broad mix of corporate and M&A, financing, IPO and bond issuance, securities compliance and litigation as well as bankruptcy and insolvency matters. Zhenhua Xiang, Ye Fang and Zhenxiang Wang are the key names to note. The team hire corporate partner Honghe Zhu from Dentons in 2021.
Practice head(s):
Zhenhua Xiang
Other key lawyers:
Ye Fang; Zhenxiang Wang
Key clients
Zhejiang Zheshang Asset Management Co., Ltd.
JIC Leasing Company Limited
Zhijiang New Industry Co., Ltd.
Zheshang Jin Hui Xintuo Co., Ltd.
Taizhou Asset Management Co., Ltd.
Yinglianshi Comic & Animation Culture Development (Beijing) Co., Ltd.
Zhejiang Xianju New Area Development Co., Ltd.
京东方科技集团股份有限公司(BOE Technology Group Co., Ltd.)
奇瑞汽车股份有限公司（Chery Automobile Co., Ltd.
浙江台华新材料股份有限公司（Zhe Jiang TaiHua New Material Co., Ltd.）
北京电子城投资开发集团股份有限公司(Beijing Electronic Zone Investment and Development Co., Ltd.)
芜湖海螺型材科技股份有限公司(Wuhu Conch Profiles and Science Company Limited)
安徽海螺水泥股份有限公司(Anhui Conch Cement Company Limited)
青木数字技术股份有限公司 （Qingmu Digital Technology Co., Ltd.
桐昆集团股份有限公司（Tongkun Group Co.,Ltd.）
台州市水务集团股份有限公司（Taizhou Water Group Co.,Ltd.)
芜湖伯特利汽车安全系统股份有限公司（Bethel Automotive Safety Systems Co., Ltd.
Work highlights
- Advised CECEP in the declaration of creditor rights in the reorganization procedure of HNA Group Co., Ltd. and its affiliated companies.
- Assisted BOE Technology Group with successfully completing a private issuing of A shares, raising total funds of approximately RMB20.333bn.
JunHe LLP
JunHe LLP established its Hangzhou office in 2019 which further enhances its network of offices in the Yangtze River Delta region. The team focuses on securities and capital markets, intellectual property, disposal of non-performing assets, bankruptcy reorganisation and commercial disputes. Office head Xingzhong Zhang and Xunan Chen are noted for advising on capital markets, restructuring, refinancing and the reorganisation of listed companies. Capital markets practitioner Yinchu Xiahou was promoted to the partnership in 2022.
Practice head(s):
Xingzhong Zhang
Other key lawyers:
Xunan Chen; Yinchu Xiahou
Key clients
Hangzhou Coco Healthcare Products Co., Ltd.
Hangzhou Wensli Silk Culture Limited
Shanxi Road and Bridge Construction Group
Jiangsu Yuxing Film Technology Co., Ltd
TotalEnergies
Daimler AG
Stellantis
DeHeng Law Offices
DeHeng Law Offices has offices in Hangzhou and Wenzhou in Zhejiang province. The 20-plus strong Hangzhou team handles a mix of capital markets, intellectual property, tax, international trade and contentious matters, and the sizeable Wenzhou team includes Dingku Jiang, who excels in bankruptcy and restructuring matters and capital markets transactions.
Other key lawyers:
Dingku Jiang (Wenzhou)
Testimonials
‘Dingku Jiang is a truly excellent lawyer with extensive expertise and practical experience in the bankruptcy field.’
Key clients
Zhejiang Oujian Medical Equipment Co., Ltd.
Wenzhou Zhongyuan Construction & Installation Engineering Co., Ltd.
Zhejiang Chaowei New Material Co., Ltd.
Shannong Co., Ltd.
Hetian Group Co., Ltd.
Wenzhou JinYuan Fortune Industrial Development Co., Ltd.
Zhejiang Tianyao Paper Co., Ltd.
Kangde Composites Co., Ltd.
Wenzhou Urban Construction and Development Co., Ltd.
Zhejiang Lima Apparels Co., Ltd.
Fujian Longyan Longhua Chemical Co., Ltd.
Zhejiang Qianjiang Lithium Battery Technology Co., Ltd.
Huainan Jinfeng Yiju Real Estate Investment Co., Ltd.
Henan Shanxin Grain Co., Ltd.
Ezhou Dayang Real Estate Development Co., Ltd.
Duban Engineering Construction Co., Ltd.
Chenglong Construction Group Co., Ltd.
Zhejiang Dingtai Construction Group Co., Ltd.
Zhejiang Pika Wang Group Holdings Co., Ltd.
Wenzhou Zhenjia Electronic Science & Technology Co., Ltd.
Work highlights
- Acted for Yiwu Jincheng Real Estate Development as the bankruptcy administrator on its restructuring procedures.
Guantao Law Firm
Guantao Law Firm works closely with colleagues in the firm’s offices across China. The partner team handles corporate securities, compliance, cross-border investment and trade, intellectual property, bankruptcy reorganisation, private client and dispute resolution. Weimin Gan handles capital markets transactions and is also a patent attorney; James Zou and Michael Ji specialise in international trade, and FDI and contentious matters, respectively; Jiajia Xiao focuses on IPO, restructuring and refinancing transactions.
Practice head(s):
Weimin Gan; Jiajia Xiao; Kan Ma; Michael Ji
Other key lawyers:
James Zou
Key clients
China Pacific Life Insurance Co., Ltd.
Bank of Hangzhou Co., Ltd.
Taizhou Kepuni Communication Equipment Co. Ltd.
Jiangsu Yi Po Technology Limited
Zhejiang Provincial New Energy Investment Group Co., Ltd.
Shanghai Feiyao Investment Management Co., Ltd.
Beijing Zitiao Network Technology Co., Ltd.
Aliyun Computing Co., Ltd.
Beilong Precision Technology Co., Ltd.
Shanghai Feiyao Investment Management Co., Ltd.
Zhejiang Feizhu Network Technology Co., Ltd.
Work highlights
- Advised Taizhou Kepuni Communication Equipment Co. Ltd. on the proposed listing on the Nasdaq Capital market.
- Advised China Pacific Life Insurance on a range of inheritance and tax matters.
- Assisting Bank of Hangzhou with a series of financial products structuring and compliance issues and disputes.