TMT: PRC firms in China

Fangda Partners

A first-rate full service firm, Fangda Partners‘ TMT practice advises on high-profile and complex transactions across a range of disciplines. Though it is most well regarded for its work in corporate transactions, the team also assists with data protection, IP and regulatory issues. It works with market-leading unicorns, established multinational companies and funds on M&A, private and capital markets transactions. Splitting her time between the Hong Kong and Beijing offices, Amanda Zhou leads the practice; private equity and venture capital transactions are Zhou’s areas of specialism. From Shanghai, Doris Tang focuses on capital markets, often aiding underwriters and technology start-ups looking to list on the Hong Kong Stock Exchange.

Practice head(s):

Amanda Zhou

Other key lawyers:

Doris Tang; Jeffrey Ding; Michael Qi; Patrick Li; Tianyi Chen

Testimonials

‘Based on his thorough understanding of clients and industry practices, they provide consistent, effective legal services in a timely manner.’

‘Fangda Partners stays very up to date with the latest internet-related economic developments and actively participates business law services for new economic areas. The in-house team is very professional and shares the workload in a way that plays to their strengths, with experts taking responsibility for their respective areas of expertise, enabling them to deliver professional and efficient legal services.’

‘They do a better and more genuine job in terms of coordinating with specialists from their offices outside mainland China to provide dedicated contacts for legal services, in order to improve the overall quality and efficiency of service. They are able to focus on the content of the work and conduct very in-depth research into the specific industry fields to provide added-value services on top of the general legal services to which clients are accustomed.’

‘They create specific working groups team for specific vertical fields, for example by putting together a number of experts who are particularly familiar with investment and financing projects for the medical field. They respond rapidly and go beyond simply being responsible by demonstrating ownership of issues. They are excellent at PE/VC investment and financing services, but also have other general service teams, so they are able to provide one-stop solutions.’

‘Fangda Partners has very strong capabilities for dealing with complex deals and is able to bring together resources from teams specialising in different industries to provide coordinated services.’

‘Michael Qi supports our projects and is involved at every step of the project framework design and relevant negotiations stages, maintaining consistently high standards throughout. He also has a wealth of experience of project management and superb negotiation skills.’

Key clients

Taobao China Holding Limited

Alibaba Group

Warburg Pincus, General Atlantic, Ocean Link and Mr. Yao Jinbo

TPV Technology Limited

Alibaba Group

China International Capital Corporation Limited

Xpeng Inc.

Credit Suisse Securities (USA) LLC, Morgan Stanley & Co. LLC and Jefferies LLC.

Sequoia Capital China

Ever Harmonic Global Limited

Work highlights

  • Acted for Alibaba as its deal counsel in its participation in the establishment of China Unified Broadcasting Network Co., Ltd.
  • Advising Warburg Pincus, General Atlantic, Ocean Link and Mr. Yao Jinbo on the take-private of 58.com.  
  • Acted as PRC counsel for TPV Technology in its acquisition by Huadong Technology.

Global Law Office

Global Law Office can offer a truly complete service to funds, banks and companies active in all areas of the TMT sector, with the firm’s deep bench of specialist partners able to assist with matters ranging from corporate transactions and commercial agreements through to dispute resolution and regulatory compliance. Beijing houses many of the key partners; Maggie Meng focuses on assisting clients with navigating China’s rapidly developing data protection and privacy regulations, while managing partner Jinrong Liu ‘s expertise spans M&A, VC investments and antitrust. In Shanghai, Vincent Wang assists multinational companies with their entry into the Chinese market. Steven Yu and Meph Jia Gui complete the senior management team.

Practice head(s):

Jinrong Liu; Steven Yu; Vincent Wang; Meph Jia Gui; Maggie Meng

Other key lawyers:

Huawei Lin; Xueliang Mao; Zhibin Li

Key clients

Luxvisions Innovation Technology Limited

LuxShare

XIAOMI Corporation

Minsheng Education Group Company Limited

Zoomlion Heavy Industry Science and Technology Co., Ltd.

New Oriental Education& Technology Group Inc. (EDU.US)

BlueCity Holdings Limited

Beijing Mediwelcome Medical Technology Co., Ltd.

China Resources Microelectronics Limited

MGI Tech Co., Ltd.

China Merchants Capital Investment Co., Ltd.

Baidu Capital

China Internet Investment Fund

Princeton Digital Group (“PDG”)

Tage Zhixing

SIG

Beijing Waterdrop Mutual-aid Technology Co., Ltd.

HP Inc.

Microsoft Corporation

Asia Investment Capital

Work highlights

  • Advised CR Micro on its private placement on the STAR market.
  • Advised Luxvision Innovation Technology Limited on the acquisition of shares of Hong Kong listed company Cowell e Holdings Inc., for a total cash consideration of HK$2.1bn  
  • Advised Xiaomi Corporation on the acquisition of ZIMI International Incorporation.

Han Kun Law Offices

Han Kun Law Offices is a powerhouse in the TMT sector, focusing on advising foreign and domestic companies, funds and banks on various types of corporate transactions. Capital markets is one of the firm’s strengths; in a recent highlight, Charles Li and Jin Wang led a team that acted as underwriters counsel in JD Logistics’ (a tech-driven supply chain solution provider) listing on the Hong Kong Stock Exchange. Dafei Chen, having previously worked at international firms, advises US companies on their acquisition of Chinese start-ups. Founding partner Yijun Chao is best known for his private equity and venture capital expertise. Beyond its transactions work, the team handles litigation, regulatory compliance and IP. Junior partner Zaiguang Lu is another name to note, having assisted with IPOs on the US and Hong Kong Markets, as is Adrian Lv.

Other key lawyers:

Charles Li; Yijun Chao; Dafei Chen; David Li; Zaiguang Lu; Adrian Lv

Testimonials

‘I think that Han Kun Law Offices deliver outstanding performance for both PE/VC investment projects and TMT company-related capital market projects. Han Kun Law Offices’ lawyers speak very good English and have a very international perspective, as well as putting the client first.’

‘Zaiguang Lu has extremely solid legal knowledge, as well as strong business thinking skills, enabling him to provide clients with realistic and feasible solutions. If a project reaches a point where legal and commercial considerations make it difficult to decide on the next move, Mr Lu is always able to break the stalemate, put himself in the client’s position to analyse the issues, and provide a solution. Secondly, he is very hardworking and focused. Mr Lu and his team of lawyers all respond very quickly to client messages.’

Key clients

Tencent

Baidu

JD.com

Meituan

58.com Inc.

Ericsson

Naver

Lenovo

NIO

Li Auto Inc.

Vipshop

Tencent Music

AsiaInfo

Verizon

21Vianet

Work highlights

  • Advised Baidu on its $3.6bn acquisition of JOYY Inc.’s PRC domestic video-based entertainment live streaming business.
  • Advised Meituan on its $9.6bn financing.
  • Advised KE Holdings Inc. on its $2.1bn U.S. initial public offering and listing on the New York Stock Exchange.

Zhong Lun Law Firm

The cross-practice team at Zhong Lun Law Firm occupies a dominant position in the internet and telecoms sectors, working with funds, investment institutions and private companies on M&A, equity and debt financing, restructuring, data protection and transfer, and intellectual property issues. One of the firm’s particular strengths is assisting multinational companies on their operations in China; as a recent example, Jihong Chen advised Microsoft on the impact of changes in the region’s cryptography laws. Victor Yu and firm chairman Anthony Zhao are the team’s key corporate specialists, while Xinlu Zhang and Qiming Yao make up the leadership team alongside Yu. Associate Summer Huang regularly works with Blackstone Group.

Practice head(s):

Victor Yu; Xinlu Zhang; Qiming Yao

Other key lawyers:

Jihong Chen; Anthony Zhao; Summer Huang; Jay Si

Testimonials

‘They communicate very well with clients and are able to effectively ensure progress progress.’

‘Zhong Lun’s team has deep expertise in the TMT space but, just as important, they are remarkably responsive and clear in their communications.’

‘Jihong Chen is the reason my company works with Zhong Lun. His knowledge of the law and his thoughtful & creative approach to problem-solving is an exceptional combination.’

‘They have exceptional strengths for multinational companies entering the Chinese market, including issues such as how to deal with the increasingly strict Chinese regulatory environment without violating regulations, and providing advice that is workable in the real world, enabling foreign-owner companies to develop their businesses in China.’

‘Outstanding professional abilities.’

‘The team members have extensive experience in fields including high-tech, telecoms, data centres and networks. They are able to give advice to support telecoms data compliance, as well as supporting business partnerships for data centre leasing, network leasing and high-tech product testing projects. The team has a very clear hierarchy and is set up in a very sensible way.’

Jay Si has a wealth of experience for areas including centre construction and internet services, and personally participated in all the contract drafting and negotiation work for large data centre leasing and construction. He is very familiar with the operating procedures of telecoms carriers and is very helpful in areas such as corporate data centre use and telecoms compliance.’

‘Jay Si has been immersed in the telecoms sector for a long time and is used to working in English, as well as being very familiar with foreign clients in terms of their thinking and the particular difficulties that affect them. In recent years, he has also worked to support clients in the medical and health big data and medical industries, enabling him to integrate these two areas of expertise, making him the ideal partner for emerging markets and potential projects.’

Key clients

Ascendent Capital Partners

Blackstone Group

L Catterton Asia

NetEase, Inc.

Zai Lab Limited

Tencent Holdings Ltd.

Amazon (China) Investment Co., Ltd.

Microsoft Corporation

State Grid Corporation of China

Cisco System, Inc.

Daimler Greater China Ltd.

Audi (China) Enterprise Management Co., Ltd.

Schneider Electric (China) Co. Ltd.

Huawei Technologies Co., Ltd.

Schindler (China) Elevator Co. Ltd.

NVIDIA

ServiceNow

Kerry Properties Ltd.

AllinMD Orthopaedics

Chinadaas

Ascendent Capital Partners

Blackstone Group

Tencent

L Catterton Asia

Vertex Ventures

Grand Flight Investment

Lightspeed China

Softbank Vision Fund

Celadon Partners

Sogou Technology Development Co., Ltd.

Beijing Sogou Information Service Co., Ltd.

Netgear (Beijing) Net Technology Co., LTD

Shenzhen Xinhao Photoelectric Technology Co., LTD.

Dongguan Jingbo Optoelectronic Co., LTD

XRSPACE

Synertec Corporation Limited, a multi-disciplined engineering consulting firm in Australia, which is listed on ASX

Bissell Homecare Inc.

State Grid Overseas Investment Co. Ltd.

A.O. Smith (China) Water Heater Co., Ltd.

China Eastern Airlines

Greentown Ideal Life Technology Co., Ltd.

Keppel Land China

Terminus (Beijing) Technology Co., Ltd.

Microsoft

HSBC

Roche

Continental

Universal Pictures

Air Products

Walmart

Trek Bikes

Keyloop

Work highlights

  • Advised NetEase on its offering and secondary listing in Hong Kong.
  • Advised the joint bookrunners on Lufax Holding’s the IPO and listing on NYSE.
  • Advised Tencent on cybersecurity, data protection and telecoms supervision compliance regarding its key products and services.

Anjie Law Firm

AnJie Law Firm stands out for the breadth of services it provides, advising on regulatory compliance, data protection and antitrust issues in addition to corporate work. The firm’s client base is similarly broad, including foreign and domestic tech companies, publishers, radio stations and financial institutions.. When it comes to telecoms, Samuel Yang is one of the most respected names on the market; he represents a number of international carriers such as AT&T on their operations in China, in addition to being an expert in data protection. Hans Cai and Ying Song, who lead the team alongside Yang, focus on private equity and antirust matters respectively.

Practice head(s):

Samuel Yang; Hans Cai; Ying Song

Testimonials

AnJie Law Firm is one of the leading local firms in data protection matters. They have a strong team led by Samuel Yang.

Sam Yang is one of the leading figures in data protection and TMT-related matters. Sam’s in-depth knowledge and previous in-house experience provide him with excellent commercial insight, which he shares and passes on to his clients.’

Key clients

DHL

British Telecom

AT&T

Swiss Re

CASIO

China Life

Panasonic

WT Microelectronics

VeriSign Inc.

BOE

5Y Capital

Long Hill Capital

Enlight Growth Partners (EGP)

Panda Capital

ShuKun

AiHuiShou

Silicon Intelligence

Sinovation Ventures

Matrix Partners China

Robot++

Work highlights

  • Advised BOE Technology Group in the merger review notification of its acquisition of Chengdu CEC Panda Flat Panel Display Technology and Nanjing CEC Panda Flat Panel Display Technology.
  • Acted for 5Y Capital in its series C investment in XtalPi.
  • Advised AiHuiShou on its series E+/ series F financing.

DaHui Lawyers

DaHui Lawyers has a strong presence in the technology and telecoms sectors, regularly working with innovative companies in the AI, big data, fintech and autonomous vehicle industries on business structuring and compliance issues as they develop. The also has a media offering and advises large multinational conglomerates on their operations in China. Founding partner Richard Ma leads the practice and specialises in assisting US and UK investors looking to make investments in the Chinese market. Cloud Li is a member of the firm’s M&A and funds practices, advising on the formation of sector-focused funds and acquisitions of domestic tech companies. Associate Dimitri Phillips is also recommended for both contentious and corporate matters.

Practice head(s):

Richard Ma

Other key lawyers:

Cloud Li; Brendon Wu; Jenny Li

Key clients

Airbnb

Alibaba Group Inc.

Altek

Ant Group

ARM

Aruba Networks

The Boeing Company

ByteDance

CBS Corporation

Cirium (Flight Global)

CloudFlare

Comcast Communications

Dulwich College

Elsevier Limited

Eton College

Evernote Corporation

Hannover Fairs

Haufe Group

Helix Leisure

Hewlett Packard Enterprise

Ideanomics

Intel

J&T Express

LexisNexis Legal Professional & Risk Solutions

Macmillan Publishers

Merck Group

Messe München Group

Mobike

NBA

NBC Universal

Netflix

Newegg

OPPO

Primex

Princeton University Press

Reckitt Benckiser

Reed Business Information (RBI)

Reed Exhibitions

RELX Group

Research Square (AJE)

Samsung Electronics

Schaeffler

Siam Cement Group (SCG)

Signify

Simon & Schuster

SingEx Exhibitions Pte. Ltd

Springer Nature

Tencent

Tesla

Veraxen Ltd

Vonage

Warburg Pincus

Work highlights

  • Advised Yellow River on JHD’s merger with a SPAC.
  • Advised Sequoia in establishing a strategic joint venture to offer a localized version of GitLab’s global services within the PRC.
  • Advised RELX Group on a variety of market entry, regulatory and compliance, and M&A activities.

Dentons China

Dentons China‘s client base includes an impressive array of international and domestic tech companies, in addition to funds and financial institutions, which it advises on date protection, corporate transactions and regulatory compliance. The firm has a particular niche in economic sanctions and export controls; Kevin Cai has been advising a number of Chinese companies on the implications of being listed on the List of Communist Chinese Military Companies by the U.S. Department of Defense, or the Entity List by the U.S. Department of Commerce. Jiamao Cheng leads the corporate practice assists with cross-border M&A projects.

Practice head(s):

Jiamao Cheng

Other key lawyers:

Kevin Cai; Shengdi Mao

Key clients

Under Armour, Inc.

Shandong Bohui Group Co., Ltd.

Alibaba Group

Dinghui Investment Management (Tianjin) Company Limited

Zhejiang Doer Biologics Corporation

Shanghai Huzan Information Technology Co., Ltd.

Semiconductor Manufacturing International Corporation

Shenzhen BGI Health Technology Co., Ltd.

Beijing Lenovo Co., Ltd

Anker Innovation Technology Co., Ltd

Qualcomm Wireless Communication Technologies (China) Co., Ltd.

Zhejiang Cainiao Supply Chain Management Co., Ltd.

AutoNavi Software Company

A famous investment Company

Beijing Xiaomi Technology Co., Ltd

A Famous EU E-commerce platform Company

Work highlights

  • Advising Dinghui Investment Management (Tianjin) Company Limited on its first round of financing.
  • Advising Semiconductor Manufacturing International Corporation (SMIC) after it was included in the List of Communist Chinese Military Companies by the U.S. Department of Defense.
  • Advising Anker Innovation Technology Co., Ltd on data protection compliance.

Haiwen & Partners

Haiwen & Partners‘ primary focus is the corporate aspects of the TMT sector, as the firm advises many major names on capital markets transactions, private equity buyouts and venture capital investments. Over the course of 2020 capital markets was a particularly busy area, with the team assisting issuers and sponsors with IPOs and secondary listings, often on the Hong Kong Stock Exchange. M&A specialist Yu Cao has developed a niche in the media and entertainment sector, working with international and domestic film studios. Practice head Peng Fu‘s experience spans the TMT and health sectors, where he advises on corporate and IP issues.

Practice head(s):

Peng Fu

Other key lawyers:

Hao Bian; Yu Cao; Wenzhen Dai; Ning Du

Key clients

Kuaishou Technology

Merrill Lynch (Asia Pacific) Limited, CLSA Capital Markets Limited, Goldman Sachs (Asia) L.L.C. and underwriting syndicate

Lens Technology

Tencent Holdings Limited

Huya Inc.

Baidu (China) Co., Ltd.

China Mobile

V FUND Investment

Sengoic

Minglamp Technology (Leading Smart Holdings Limited (Cayman)

Work highlights

  • Acted as PRC legal advisor to Kuaishou Technology in connection with its listing on the Main Board of The Stock Exchange of Hong Kong Limited.  
  • Advised a group of sponsors on Baidu’s secondary listing on the Hong Kong Stock Exchange.

Hylands Law Firm

Hylands Law Firm has developed a reputation as a go-to firm in the media and entertainment sector, advising production companies on film and television projects; media corporations on M&A transactions; and artists on IP disputes and licensing. Rong Yu specialises in regulatory and IP protection, leading the team alongside corporate specialist Shan Tao.

Practice head(s):

Rong Yu; Tao Shan Tao

Other key lawyers:

Yingzi Liu; Wei He

Key clients

Beijing Lekaihua Film Co., Ltd.

Huayi Brothers Media Corporation

Alibaba Pictures Group

Youku Information Technology (Beijing) Co., Ltd.

Beijing Cultural and Creative Industries Development Service Co., Ltd.

Shanghai Aimmedia Pictures Co., Ltd.

Beijing Benjia Culture Media Co., Ltd.

Work highlights

  • Advised Beijing Lekaihua Film Co., Ltd. on its film project, “Shaolin Temple: The Legend of Debao”.

Jingtian & Gongcheng

Jingtian & Gongcheng‘s strength lies in its corporate practice; the group works with leading TMT companies such as as Bytedance, Baidu and JD; financial institutions as sponsors; and innovative domestic companies on a range of M&A, capital markets and venture capital investment projects. Jinjin Chen is a key name in this regard, often assisting with the listing of tech start-ups on the Hong Kong and US stock exchanges. Beyond corporate transactional work, the firm also assists with copyright infringement and unfair competition disputes, as well as data protection and antitrust matters. Zhenhua Xiang and Huang Yongqing lead the dedicated TMT team.

Practice head(s):

Zhenhua Xiang; Yongqing Huang

Other key lawyers:

Zhengzheng Hu; Xiang Gao; Yuanpeng Lang; Jinjin Chen

Key clients

Xiaomi Corporation

Bytedance

Missfresh

iQIYI

Ximalaya

Medbanks

Hive Box

360

VIPSHOP

MicroIdea

Sequoia Capital

Suning Group

Jintuo Capital

Starquest Capital

Yao Capital

Zhen Fund

Shanghai International Port Group (SIPG)

YOUIBOT

Beijing Yuanxin Technology Group Co., Ltd.

Shenzhen Zhiliu Technology

Lightspeed China Partners

Capital Today

Sky9 Capital

Laiye Corporation

Pinduoduo Inc.

Dingdong (Cayman) Limited

Vesync Co., Ltd

Legend Biotech

Icon Culture Global Company Limited

Shanghai Awinic Electronic Technology Co., Ltd

Actions Technology Co., Ltd.

VCREDIT Holdings Limited

HBM Holdings Limited

Activation Group Holdings Limited

Cheshi Holdings Limited

Sino-Entertainment Technology Holdings Limited

CCB International Capital Limited

CLSA Limited

Merrill Lynch (Asia Pacific) Limited

Universal Music Publishing Group China

Turan Movie Inc.

Perfect Youth OST

Ant Group Co., Ltd.

Byte Dance

Haidilao International Holding Ltd,

Yihai International Holding Ltd

Joy Spreader Interactive Network Technology Co. Ltd

Yusys Technologies,Ltd

Wanda Film Co.

Sinqi Pharmaceutical Co.

Grace Fabric Technology Co. Ltd

3Sbio inc.

Doumob Technology Co.

China Transinfo

Sequoia

Matrix Partners

PreIPO & Private Stock

Redhill Capital

Alphatecture Venture Fund Limited Partnership

Miracle Plus

Oceanpine Capital

Work highlights

  • Advised Bytedance Technology on a RMB 1.1bn investment in IReader Technology Co., Lt
  • Advised Yalla Group Limited on its IPO.
  • Advised Missfresh Limited on its Series F Financing.

King & Wood Mallesons

Capital markets is the speciality of King & Wood Mallesons‘ TMT offering; the firm regularly assists tech companies with all aspects of their IPOs, both on the Chinese markets and internationally. On the M&A side, Han Xue advises on transactions in the telecoms, e-commerce, fintech and education sectors. Hanyu Zhang is another corporate specialist, advising on onshore and offshore investments of USD funds and RMB funds, in addition to restructuring issues. The leadership team is comprised of Xiaohong Zhao and Richard Nie in Shanghai; Rocky Lee and Ji Sun in Beijing; and Shenzhen-based Rui Zhou.

Practice head(s):

Xiaohong Zhao; Richard Nie; Rocky Lee; Rui Zhou; Ji Sun

Other key lawyers:

Hanyu Zhang; Han Xue

Key clients

GDS Holdings Limited

Qi An Xin Technology Group Inc.

Capitalonline Date Service Co., Ltd.

Mininglamp Group S

Bohao Internet

Silead Inc.

Work highlights

  • Advised Qi An Xin Technology Group Inc on its IPO.
  • Advised GDS Holdings Limited on its secondary listing.
  • Advised Capitalonline Date Service Co., Ltd. on its listing.

Rui Bai Law Firm

A member of the PwC global network of law firms, Rui Bai Law Firm works extensively with multinational clients looking to enter the Chinese market, providing advice in relation to regulatory compliance, employment and data protection. The group also has a thriving transactional practice which includes Jing Wang who focuses on cross-border M&A and strategic joint ventures. Head of Corporate Barbara Li oversees the TMT group and is consulted by international and Chinese companies, financial institutions and PE funds to advise on investment transactions, cybersecurity compliance and digital transformation in cutting-edge sectors such as AI, big data and blockchain.

Practice head(s):

Barbara Li

Other key lawyers:

Vivienne Jin; Jing Wang

Testimonials

‘Availability, immediate support, and speed.’

‘The firm has conducted a great deal of research into the data privacy field that has become an issue over the last few years.’

‘Barbara Li has been heavily involved in the data privacy and protection fields for many years and provides clients in China and abroad with outstanding services for this area. Her exceptional foreign language [i.e. English] abilities and rigorous attitude enable her to achieve high levels of client satisfaction.’

Key clients

Wolters Kluwer

TransAsia Lawyers

A boutique focusing on the tech and internet sectors, TransAsia Lawyers‘ TMT practice is truly full service; the team is as capable of assisting with corporate transactions as it is with data protection and intellectual property. Due to its market-leading expertise in navigating the regulatory landscape, the firm has a particular strength in advising international companies on their Chinese operations. Practice head Philip Qu ‘is extraordinary for his telecoms and commercial acumen’, advising on investment structuring, IPOs and M&A transactions. Kevin Guo acts as PRC counsel to Amazon Web Services, providing advice on licensing agreements, joint ventures and restructuring.

Practice head(s):

Philip Qu

Other key lawyers:

Kevin Guo; Justina Zhang; Eric Johnson; Jane Liu

Testimonials

‘The firm provides solutions that are workable. They are able to consult with government authorities to get clarity on regulations that are not clear so that clients can get clarity on how to comply with regulations. They provide good strategies on how to deal with client issues. They make themselves available in order to speak to our own clients, in order to explain our firm’s position to our clients. ’

‘We have had a strong relationship with Philip Qu and Jane Liu. Both are top-notch. Jane is hardworking and responds even during holidays for emergency situations. They come up with good strategies on how to meet regulatory challenges that we face. They provide guidance, sometimes to the extent of handholding, since we are operating in an environment that is unfamiliar to us. We have worked with them on various issues involving technology and telecommunications and they consistently meet our expectations on the high level of service they provide, sound advice, and workable solutions.’

‘Marvellous team for their in-depth understanding and expertise in the telecoms industry sector, from legislations, law enforcement practice, market dynamics. Their team are truly highly skilled, diverse and technologically savvy workforce!

 ‘Philip Qu is extraordinary for his telecoms and commercial acumen. A very sharp lawyer, caring external counsel and a specialist who covers the full TMT gamut. Also I have been constantly impressed by his practical advise which is truly fit for purpose for in-house counsel and also the whole organisation.’

Key clients

XAG

SINA / Weibo

English First

Legendary East

Amazon Web Services (AWS)

Factset

Motion Picture Association

Universal Music Group

Work highlights

  • Advised XAG on its CNY1.2bn Series C and C+ financing.
  • Advised Amazon AWS on its China operational structure, re-structuring, license application, regulatory matters, and JV partnership.
  • Acted for Ainemo in its acquisition by existing major shareholder Baidu.

AllBright Law Offices

AllBright Law Offices‘ department has strong expertise in a number of sectors, most notably big data, blockchain, ecommerce and internet banking. Capable in many areas, the firm is particularly strong in data issues, regularly assisting large companies with comprehensive internal compliance projects and international data transfers. Weiming Wu leads the team and assists with M&A, investment and financing within the tech industry. Wang Li is another important team member and focuses on capital markets transactions.

Practice head(s):

Weiming Wu

Other key lawyers:

Wang Li; Huan Li

Testimonials

‘Weiming Wu’s team is distinguished by their level of professional experience and perfect customer service. The team not only provides the basics of legal services, but also makes use of the law to consider issues from the client’s perspective and empower businesses. By creating a comprehensive and professional legal framework, the team provides outstanding legal support for operational and compliance requirements throughout the lifecycle of a business.’

‘Weiming Wu provides clients with authoritative legal advice that avoids risks to a company’s long-term development. Weiming Wu creates systems of rules for companies that increase compliance and improve services, enabling his law firm to provide not only a single service, but rather an opportunity to continually empower businesses by making the most of the expertise of the team.’

‘Huan Li has a very high standard of legal expertise, as well as a clear grasp of the client’s business needs.’

Key clients

Shanghai Integrated Circuit Industry Investment Fund (Phase II) Co., Ltd. N

Shanghai Aladdin Biochemical Technology Co., Ltd.

Hupu (Shanghai) Culture Communication Co., Ltd.

Shanghai Puhui Digital Technology Service Co., Ltd.

UnionPay Data Services Co., Ltd.

CIIC Guan Aitong (Shanghai) Technology Co., Ltd.

SMIC International Integrated Circuit Manufacturing Co., Ltd.

Hengxuan Technology (Shanghai) Co., Ltd.

Trustbridge Partners

Work highlights

  • Advised on Shanghai Integrated Circuit Industry Fund’s investment in an integrated circuit project equity.
  • Advised Shanghai Aladdin Biochemical Technology Co., Ltd. on its IPO project.
  • Advised SMIC International Integrated Circuit Manufacturing Co., Ltd on its IPO.

Anli Partners

Anli Partners assists companies from the entertainment, tech, culture and media sectors on contentious, transactional and compliance issues. Practice head Raymond Wang and departmental director Wei Luo both specialise in regulatory and data protection issues; the pair collaborate to provide key client Tencent with ongoing compliance advice for many of their most popular products. Shanshan He, dual-qualified in China and Ney York, has developed a niche in autonomous vehicles, often acting as an expert for the Transportation Department.

Practice head(s):

Raymond Wang

Other key lawyers:

Wei Luo; Shanshan He

Key clients

Tencent

Roche Diagnostics (Shanghai) Ltd.

Unilever

Hyatt Hotels Corporation

A.O. Smith

RCT studio Inc.

Deja Vu

Source Technology

myShape

Kingsoft

Zhihu

Lizhi

Work highlights

  • Advised on the compliance analysis of Tencent’s products.
  • Advised RCT on its intellectual property and data compliance projects.
  • Advised Deja Vu on its E-commerce platform.

FenXun Partners

FenXun Partners has a solid TMT offering, advising both users and producers of technology on a range of contentious, commercial and corporate issues, particularly as they relate to the IT, e-commerce and FinTech sectors. Through it’s joint operation with Baker McKenzie, the firm frequently advises a number of international companies on their Chinese operations; in 2020 this included assisting eBay with establishing a joint venture in Hong Kong. Zhenyu Ruan leads the team; his expertise spans joint ventures, licensing transactions, data privacy and regulatory compliance.

Practice head(s):

Zhenyu Ruan

Testimonials

The team is extremely responsive and diligent, and provides top notch client service.’

Zhenyu Ruan is responsive and diligent in providing commercially workable solutions in a complex environment of data laws in China.’

Key clients

Abercrombie & Fitch

Cathay Financial Holding

China Eastern Airlines

Ctrip

eBay

Google

Renaissance Learning

Sportswear S.p.A.

Work highlights

  • Advised Cathay Financial Holding and its China subsidiary, Cathay United Bank (China) on establishing Ant Consumer Financing Co., Ltd. in Chongqing China with Ant Financial and five other Chinese investors.
  • Advised eBay Marketplaces on the establishment of a joint venture in Hong Kong with Orange Connex (International) Holdings Limited.
  • Advised HengTen Networks Group Limited on its acquisition of the entire issue share capital in Virtual Cinema Entertainment Limited.

JunHe LLP

Capital markets is JunHe LLP‘s specialist area, and the firm advises both Chinese tech companies and sponsor banks on IPO projects on the Chinese and US Stock exchanges. In 2020, Jing Wan and Yi Wang advised Credit Suisse as sponsor on smart electric vehicle manufacturer XPeng’s IPO on the NYSE. Practice head Rongnan Huang specialises in the media sector, assisting with film and TV production projects as well as licensing and distribution agreements.

Practice head(s):

Rongnan Huang

Other key lawyers:

Jing Wan; Yi Wang

Testimonials

‘The team of partners not only has a masterly knowledge of laws and regulations, but is also very familiar with IT-related technologies .This enables the JunHe team to quickly understand the technical content of the client’s issue and combine this knowledge with their wealth of industry experience and legal backgrounds to provide expert legal advice.’

Key clients

Netease

XPeng Inc.

Sina

Sogou

Xiaomi

Geovis

58.com

Yalla

Work highlights

  • Advised NetEase, Inc. on its listing on the Main Board of the Stock Exchange of Hong Kong.
  • Advised Credit Suisse on XPeng Inc.’s listing on New York Stock Exchange.
  • Advised Sina on completing its privatization and delisting financing.

Llinks Law Offices

Llinks Law Offices has a strength in private equity and venture capital investments, representing both target companies and investors in financing rounds and buyouts. Practice head Nicholas Lou  is a key partner in this regard, as are David Yu and Wayne Chen. The group has experience in all areas of the sector, including e-commerce, media, entertainment, gaming and cloud computing. Aside from transactional work, the team also assists with restructuring, data protection, licensing and antitrust matters.

Practice head(s):

Nicholas Lou

Other key lawyers:

David Yu; Wayne Chen

Work highlights

  • Advised Alibaba Health (Hong Kong) Technology Company Limited on its investment in LinkDoc Technology Limited.
  • Advised JMGO on E-round Financing.
  • Advised CDH Investment on its acquisition of Shenzhen Qianhai Patuoxun Network Technology Co., Ltd.

Zhao Sheng Law Firm

Zhao Sheng Law Firm‘s areas of strength are M&A, capital markets and private equity; the group works with a number of Chinese and multinational companies on transactions that relate to the region. Due to the firm’s joint operation agreement with Linklaters, it is able to draw on a wide range of expertise to advise on a number of other areas, including IP, antitrust, FDI analysis, employment and data protection. Richard Gu leads the team and advises clients in the TMT sector as part of a broad practice focusing on cross-border M&A.

Practice head(s):

Richard Gu

Other key lawyers:

Benran Huang; Eric Liu

Testimonials

‘They are business-oriented and able to provide risk-based approaches as references based on clients’ actual needs. The team works together very effectively and is able to coordinate resources in different regions to cover multiple jurisdictions, as well as responding in a timely manner.’

‘Benran Huang has outstanding communication abilities. He is able to identify the key risk points, as well as complex legal issues, and explain them to customers in an easy to understand manner. He understands regulatory trends and has very clear judgement of regulatory criteria.’

‘The team is well versed in TMT investment transactions, especially from the perspective of foreign institutional investors. They are knowledgeable about complex regulatory changes, and are able to provide pragmatic advice.’

‘Eric Liu – partner in charge, super responsive and reliable’.

Benran Huang – partner in making, very capable.’

Key clients

IDG Capital

Sofina Asia Private Ltd

Dalian Financial Industry Investment Group Co. Ltd

Fidelity Management & Research Company LLC

Qatar Investment Authority

Blackhawk

Ascend Group Company Limited

True Corporation Public Company Limited

Suning.com

CITIC Securities

Work highlights

  • Acted for Fidelity on its investment in Antengene as the lead Series C preferred investor.
  • Acted for QIA on its investment in Transcenta Holding as a Series C-1 preferred investor.
  • Advised True Corporation Public Company Limited on the subscription for a 25% stake in Yi Tunnel (Beijing) Technology Co., Ltd. for a total consideration of $26.85m.