Joint-Win Partners

Zhengce Law Firm’s Non-performing Assets Disposal Business Center

Senior Partner, Director of Non-performing Assets Disposal Business Center

2010-2018 Enforcement Bureau of a certain court in Shanghai 2018-2019 Shanghai Wensheng Asset Management Co., Ltd. Shanghai Assistant General Manager 2023 to present Shanghai Zhengce Law Firm Senior Partner, Director of Non-performing Assets Disposal Business Center

Chinese / English

Member of the Bankruptcy and Non-performing Assets Professional Committee of the Shanghai Lawyers Association

Shanghai University of Finance and Economics, Bachelor of International Economic Law

Erasmus University Rotterdam, Master of International Law

Attorney Fang Zhicheng, as a senior partner of Zhengce Law Firm and director of the non-performing asset disposal business center, worked in the enforcement bureau of a court in Shanghai for eight years, personally handling a large number of financial claims and difficult enforcement cases, deeply involved in core aspects such as asset investigation and control, disposal realization, execution objection handling, etc., accurately grasping the internal logic of enforcement procedures and judicial practice pain points, and later served as the senior executive of a non-performing asset company, Led the team to complete due diligence and disposal of hundreds of asset packages and accumulated market-oriented disposal experience. The model that combines judicial perspective with market thinking enables lawyer Fang Zhicheng to analyze problems from multiple dimensions such as the enforcement court, asset holders, and resolution agencies, predict enforcement obstacles in advance and formulate targeted strategies, providing unique solutions to solve "implementation difficulties".

In handling complex enforcement cases, Attorney Fang Zhicheng leverages a systematic methodology to efficiently resolve industry challenges such as long-term non-payment, concealed asset leads, and complex civil and criminal cases. For complex scenarios like unsecured enforcement of deregistered or revoked companies and shareholder accountability, he quickly identifies the core contradictions and develops a standardized approach to asset retrieval, shareholder pursuit, criminal prosecution, and settlement facilitation. Over the past year, his cases have covered multiple areas including non-performing financial assets and distressed corporate restructuring. He is particularly adept at significantly shortening the processing cycle through precise asset lead discovery and efficient judicial communication. For example, in unsecured enforcement cases, Attorney Fang, based on his deep understanding of enforcement procedures, coordinates multiple resources to locate concealed assets while simultaneously using criminal prosecution to pressure responsible parties, pushing for settlements or recovering funds, significantly improving the success rate of enforcement.

As the director of the firm's Non-Performing Asset Disposal Center, Attorney Fang focuses on transforming his personal practical experience into replicable business mechanisms, improving the team's enforcement efficiency through standardization. Based on standardized court enforcement procedures and the requirements of large-scale disposal by asset management companies (AMCs), the firm spearheaded the development of tools such as non-performing asset due diligence templates, risk assessment models, and operational guidelines for enforcement cases, clarifying the entire process standards from asset portfolio due diligence and valuation to recovery and disposal. Simultaneously, it established an internal training and case review system, passing on unique disposal strategies, such as finding assets and pursuing shareholders, to team members. This fostered a team service characterized by rapid response, precise solutions, and effective execution, earning the team a reputation in the industry for its "rapid response, precise solutions, and effective execution."

In serving clients, Attorney Fang Zhicheng possesses a deep understanding of the core needs of different entities, including banks, AMCs, and distressed companies, in the enforcement field. He can provide comprehensive solutions that are both legally compliant and commercially feasible, starting from the client's strategic and financial objectives. He has long-term relationships with licensed AMCs, banks, and asset management companies, accurately identifying asset risks and disposal value during the due diligence stage of non-performing asset portfolios and providing valuation advice to clients. During the enforcement stage, through efficient judicial communication and strategy development, he maximizes the recovery rate, thus earning the long-term trust of clients and becoming a stable partner for numerous financial institutions and enterprises.

As a member of the Bankruptcy and Non-Performing Assets Professional Committee of the Shanghai Bar Association, Attorney Fang Zhicheng actively participates in industry discussions and standardization efforts, earning authoritative recognition for his professional performance. During his time working in the enforcement bureau of a Shanghai court, Attorney Fang received numerous awards, and his cases were frequently featured in publications such as the Liberation Daily, Guangming Daily, Shanghai Legal Daily, and Shanghai TV's courtroom documentary series. After transitioning to law, his professional activities have been repeatedly reported by platforms such as Thomson Reuters ALB and the Shanghai Municipal Bureau of Justice. He has also shared his experience in enforcement and non-performing asset disposal at industry events such as the inaugural ALB China Dispute Resolution Forum, contributing to the professional development of the industry.