Shihui Partners > BEIJING, China > Firm Profile

Shihui Partners
42/F,Tower C, Beijing Yintai Centre,
No.2 Jianguomenwai Avenue,
CHAOYANG DISTRICT
100022
China

China > Private equity: PRC firms Tier 2

Shihui Partners has continually proven to show it is a key player in the Chinese private equity market, with particular strength acting on major projects in emerging industries, such as cultural and entertainment, medical and healthcare, internet and TMT sectors. It advises on a range of matters, primarily acting for private equity and venture capital funds, financial institutions, strategic investors, and entrepreneurs in start-up companies. George Niu and Miranda Jiang co-head the Beijing arm of the practice, whilst George Wang leads the Shanghai group. Also notable is founding partner Zan Zhu, who specialises in private equity and venture capital transactions, as does Vicky Gong and Xiaomei Li.

Practice head(s):

George Niu; Miranda Jiang; George Wang

Other key lawyers:

Key clients

JD

Tencent

Huaxing Growth Capital

K2 VC

Matrix Partners

IDG capital

Softbank Ventures Asia Corp.

CICC Capital

Eight Roads Capital

Zhen Fund

Qiming Venture

BAI Capital

Source Code Capital

Lightspeed

Vertex Capital

Orchid Asia

INCE Capital

Bluerun Ventures

Banyan Capital

China Growth Capital

Work highlights

  • Advised JD Property Group Corporation on its series B financing with a total financing amount of US$ 800 million.
  • Advised Dreame Technology on its series C financing with a total financing amount of RMB 3.6 Billion.
  • Advised JD on its investments in KKV’s US$300 Million series F and F+ financings.

China > Investment funds: PRC firms Tier 3

Hilda Li and Steven Zhao lead the practice at Shihui Partners, a boutique firm which advises on the establishment and structuring of funds as well as investments. The team has a special area of expertise in tech funds, an example being their advice provided to integrated circuit industry investment funds. Private equity funds work also forms a large part of the practice, as does venture capital.

Practice head(s):

Hilda Li; Steven Zhao

Other key lawyers:

Ting Li; Beibei Chen

Key clients

JD.com, Inc.

Vertex Ventures China

Matrix Partners China

Aqua Ventures

Donghe Venture Capital

Galactic Capital

Softbank Asia Ventures

China Renaissance

China Fortune-Tech Capital

New Alliance Capital

HHF Capital

3E Bioventures Capital

4 Paradigm

Work highlights

  • Advised China Fortune-Tech Capital (SMIC) on its formation of an integrated circuit related fund with Guangdong Integrated Circuit Guidance Fund as the anchor LP at a total price of approximately CNY 7 billion.
  • Assisted New Alliance Capital on its raising of the Phase IV RMB Main Fund at a total price of approximately CNY 2 billion.
  • Advised HHF Capital On its formation of their First PE Fund at a total price of approximately CNY 1.1 billion.

China > Life sciences and healthcare: PRC firms Tier 3

Founded in 2016, Shihui Partners focuses on private equity investment, capital markets and financial transactions, making it a popular choice for investment funds, PE and VC firms and companies seeking advice on transactions in the life sciences and healthcare industry, such as cross-border M&A and funding rounds. Xiangjun Kong, who has extensive experience in handling compliance projects, corporate financing and M&A for pharmaceutical and healthcare companies, overseas the group alongside Jing Lu and Xiaomei Li. Lu is recommended for data protection and licensing matters while Li is a key contact for investment transactions.

Practice head(s):

Xiangjun Kong; Jing Lu; Xiaomei Li

Testimonials

‘The life sciences and healthcare team at Shihui provides our company with year-round legal and project consulting services. With an in-depth knowledge of the industry and business-friendly advice, the team stands out among its competitors.’

‘The solutions proposed are always efficient and clear, providing in-house counsels with easy to implement advice.’ 

‘It is worth mentioning that the lawyer’s fees are very competitive and cost efficient.’

‘Xiangjun Kong not only provides professional and practical solutions , but also provides innovative ideas for addressing risks faced clients.’

‘Xiangjun Kong is very good at breaking down complex legal concepts and explaining them to clients in an easy and concise manner. He is a trusted partner and very professional.’

Key clients

Huaxing Medical Industry Fund

Taiping Industry Investment Manage Co., Ltd

CCB International (Holdings) Co., Ltd

Work highlights

  • Assisted Pfizer Inc in establishing a personal information protection compliance system.
  • Advised Hanhui Pharmaceuticals Co., Ltd on its internal system building, business and compliance legal department compliance training, and business projects.
  • Acted for Juventas Cell Therapy Ltd, a biomedical company focusing on the R&D and the commercialisation of innovative drugs such as immune cell therapy, on various matters, including development and cooperation projects and product registration.

China > TMT: PRC firms Tier 3

Shihui Partners advises clients across the TMT industry on a wide array of matters, specialising in M&As, private equity, foreign and overseas investment, asset securitisation, and financing. It also has a growing practice in relation to data protection, corporate compliance, dispute resolution and employment matters. George Niu and George Wang co-lead the practice. Niu specialises in private equity transactions, securities offerings, and cross-border M&A, whilst Wang advises a range of multinational corporations and public and private Chinese companies, with experience in foreign direct investment and corporate restructuring.

Practice head(s):

George Niu; George Wang

Other key lawyers:

Miranda Jiang; Bolin Feng

Key clients

JD

Tencent

Huaxing Growth Capital

K2 VC

Matrix Partners

IDG capital

Softbank Ventures Asia Corp.

CICC Capital

Eight Roads Capital

Zhen Fund

Qiming Venture

BAI Capital

Source Code Capital

Lightspeed

Vertex Capital

Orchid Asia

INCE Capital

Bluerun Ventures

Banyan Capital

China Growth Capital

Work highlights

  • Advised JD Property Group Corporation on its US$800 million of Series B preferred stock financing project.
  • Advised Dreame Technology on its Series C financing with a total financing amount of RMB 3.6 billion.
  • Advised JD on its investments in KKV’s US$300 Million Series F and F+ financings.

China > Capital markets: PRC firms Tier 4

Capital markets forms a core department at Shihui Partners, a firm which was only founded in 2016 but has seen exponential growth in recent years. The practice has experience advising on domestic IPO projects, though it has also been growing in relation to cross-border projects and overseas listings, particularly in the US and Hong Kong. Practice head Jian Zhang has significant expertise securities issuance and listing, restructuring, M&A, and private placement financing matters.

Practice head(s):

Jian Zhang

Other key lawyers:

Daqian Zhang

Key clients

JD Logistics, Inc.

Zhongjing Wanxi Pharmaceutical Co., Ltd.

Chengdu XWFintech Co., Ltd.

China International Capital Co., Ltd.

Hypower Microelectronics (Wuxi) Co., Ltd.

Nanjing Kungfu Bean Information Technology Co., Ltd.

Tonghua Jianxin Science & Technology Co., Ltd.

Beijing Yidianyun Network Technology Co., Ltd.

Shanghai MicroPort EP MedTech Co., Ltd.

Work highlights

  • Advised JD Logistics, one of the leading logistics service providers in China, on its initial public offering on the Hong Kong Stock Exchange with a financing amount of HKD 24.1 billion.
  • Advised Chengdu XWFintech Co., Ltd, a professional technical institution, on its initial public offering.
  • Advised Zhongjing Wanxi Pharmaceutical Co., Ltd., one of the leading pharmaceutical manufacturers and retailers, on its spin-off of several business lines.

China > Data protection: PRC firms Tier 4

Shihui Partners primarily advises clients in the TMT sector on data compliance matters. Raymond Wang leads the firm’s compliance business group, having acted for a number of central ministries and commissions on data-related legislation and regulation. The team continues to expand with the hire of Jing Lu who joined from Sidley Austin LLP in January 2022, and a number of individuals in March 2021 including Tian Li from Fangda Partners and Rui Wang from Global Law Office.

Practice head(s):

Other key lawyers:

Testimonials

The team members are very active and hard working, and usually respond to requests promptly. Also, the partner of the team is very hands-on.

Key clients

Tencent Holdings

Huawei Technologies

Beijing Sohu Internet Information Service

Zhihu

Roche Diagnostics

A.O. Smith

Shiseido

NetEast

Intercontinental Hotels Group

Honor Device

Work highlights

  • Provided all-round compliance service for Tencent.
  • Advised Zhihu on its data compliance and personal information protection project before its IPO in Hong Kong.
  • Advised Pfizer on its establishment of a personal information protection compliance system.

China > Corporate and M&A: PRC firms Tier 5

Shihui Partners has a broad client base which encompasses Hong Kong-listed companies, private Chinese companies and prominent multinationals, advising clients on the full spectrum of corporate transactions. Domestic M&A, joint ventures and inbound investments are all regularly handled by the team, which is highly active in the tech sector and also handles deals involving the education, manufacturing and healthcare industries. The practice is jointly led by George Niu in Beijing and Xiaochen Zhang in Shanghai; Niu is noted for his work on PE and VC deals and also has a close relationship with JD.com, while Zhang handles both inbound and outbound M&A.

Practice head(s):

George Niu; Xiaochen Zhang

Key clients

SG Micro Corp

MingZhu Logistics Holdings Ltd.

Beijing JD Tuoxian Technology Co., Ltd.

Huaxing Growth Capital

Minth Group Ltd.

JD.com

Work highlights

  • Advised SG Micro Corp on its acquisition of Suzhou Qingxinfang Electronic Technology Co., Ltd. for RMB 50 million from Jerry Zhai, Shanghai Lanpuran Investment Center (Limited Partnership), and Suzhou Pufanghui Business Information Consulting Center (Limited Partnership).
  • Advised MingZhu Logistics Holdings Ltd. on its acquisition of 100% of Cheyi (BVI) Limited, which operates its business through its subsidiary Zhejiang CheYi Network Technology Co., Ltd., an integrated online car-hailing and driver management services company.
  • Advised Beijing JD Tuoxian Technology Co., Ltd., a subsidiary of JD.com, on its acquisition of the “Feijia Cloud” business and assets from Beijing Rongguan Electronic Commerce Co., Ltd. for RMB 20 million.

China > Fintech: PRC firms

Shihui Partners advises on financing, restructuring and foreign investment plans for a variety of investors and technology companies.

China > Antitrust and competition: PRC firms

Shihui Partners have a growing antitrust and competition practice advising Chinese companies and multinationals primarily on merger filings. Bi Yun, who also has a background in compliance and investigations work, heads the team.

China > Dispute resolution: Arbitration: PRC firms

Shihui Partners has a growing arbitration practice, and has specific expertise in assisting in banking and finance arbitrations,

China > Labour and employment: PRC firms

Shihui Partners is a new firm that is gaining momentum in the market with a partner led approach and has attracted clients such as JD.com. The team advises on complex employment law matters including non-compete clauses, restructuring and  high level terminations.

China > Regional coverage: Guangdong Province: Guangzhou and Shenzhen

Established in 2021, Shihui Partners‘ Shenzhen team, led by Rui Wang, handles a broad range of financing, M&A, private equity and venture capital investment transactions and commercial disputes.

The firm: Established in February 2016. Shihui is dedicated to legal services in the new economic areas, projects of investment and financing (VC & PE), capital markets, M&A, investment funds and wealth management, etc. Shihui provides practical solutions tailored to the diversified demands of clients so as to assist the clients to achieve their commercial and legal objectives. The partners of Shihui are mostly senior experts in their respective areas. All Shihui lawyers are graduates from famous law schools of China, the US or the UK. Shihui’s clients include the most promising start-ups, leading internet companies (such as JD.com, JD Logistics, JD Digital, Lexin, Liepin, Pintec and TuanChe) and top investment funds.

Areas of practice
VC & PE, TMT: Shihui provides legal services to enterprises from the starting-up stage to pre-IPO financing and also provides first-grade venture capital and private equity funds from China and abroad with legal services on their investment deals.

Investment funds: Shihui is able to accurately grasp clients’ interests and demands in the establishment of funds and provide diversified solutions accordingly. It provides many first-grade funds from China and abroad with legal services on the establishment and domestic registration of funds.

Capital markets, M&A: Based on its proficiency in the laws and regulations, as well as its keen understanding of the frontier of capital markets, Shihui is good at providing the enterprises with legal services on establishing and dismantling of VIE structures, IPOs on domestic and global stock exchanges as well as the post-IPO financing. Shihui is very skilful at handling complicated M&A projects (both domestic and cross-border projects) and has a thorough understanding of issues like market access, corporate governance, tax planning foreign exchange, etc., involved in M&A projects.

Wealth management and private clients Shihui provides high-net-worth individuals with legal services on wealth management, including establishment of trusts and wealth inheritance arrangements, so as to effectively avoid the legal risks.

DepartmentNameEmailTelephone
TMT George Niuniuzhy@shihuilaw.com8610 8514 7407
Securities & Capital Markets Miranda Jiangjianghf@shihuilaw.com8610 8514 7533
Private Equity & Venture Capital Hilda Lilih@shihuilaw.com8610 8514 7525
Investment Funds Steven Zhaozhaopz@shihuilaw.com8610 8514 7599
Wealth Management & Private Client Vicky Gonggongww@shihuilaw.com8610 8514 7577
Banking & Finance Darren Lianglianghj@shihuilaw.com8610 8514 7588
Healthcare & Life Sciences Zan Zhuzhuz@shihuilaw.com8610 8514 7504
Education Eileen Yangyangxq@shihuiaw.com8610 8514 7566
PhotoNamePositionProfile
George Niu photoMr George NiuManaging Partner
Number of lawyers : 40
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