Dacheng‘s group acts for government agencies, state-owned enterprises, publicly-listed companies, and multinational corporations. The team has significant expertise in high-value loans, regulatory compliance, transaction structuring, investments, and M&A matters. The team also fields specialists in fintech, dispute resolution, non-performing assets, wealth management, and trust and asset management schemes. The principal figures are Beijing-based specialist Yunwang Ping; Frank Qu in Shanghai, who has longstanding experience in financial derivatives, bond issuances, asset securitisation, and structured and project finance. The pair oversee the team alongside Jingjing Xia in Hangzhou, Guangzhou-based Leo Zhou and Beijing’s Jian Ying. In Shijiazhuang, Jing Wang is a rural bank expert.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Lawyer & team quality
Client satisfaction: Billing & efficiency
Client satisfaction: Sector knowledge
Testimonials
Collated independently by Legal 500 research team.
- ‘Dacheng is professionally trustworthy, and they continuously innovate their service models and processes based on client needs - and with excellent results.’
- ‘Each team conducts in-depth research into their respective areas of expertise. The law firm has also implemented advanced digital management practices, leveraging advanced practices from other countries in its global alliances.’
- ‘Helps clients grasp projects from a holistic perspective, avoiding situations where a client's narrow focus on commercial factors could compromise the overall project's interests.’
- ‘Jian Ying's team provides services that meet client needs. They not only deeply understand clients' pain points but also develop targeted service plans and content based on their needs.’
- ‘Jian Ying always personally handles matters.’
- 'The team possesses a solid legal foundation and extensive experience in the banking and finance industry, encompassing diverse practice areas such as banking and financial compliance, litigation, and arbitration. The team leader and members not only possess a profound legal background but also have established strong communication and coordination channels with government agencies, and arbitration institutions, enabling Dacheng to provide clients with efficient and sophisticated legal services.'
- 'Lianggen Xu's profound expertise and extensive practical experience in the financial sector, particularly in complex areas such as financial products, asset management, and bank custody, have earned him numerous industry awards. Xu's services demonstrate efficiency and flexibility. Especially when handling major cases involving billions of yuan, he can resolve issues quickly and effectively, avoiding risks for clients arising from delays in litigation or arbitration.'
- ‘They are very responsive to regulatory concerns and are able to develop compliance plans for clients proactively, effectively mitigating regulatory compliance risks.’
- ‘Excels at providing clients with forward-looking legal advice from a legislative perspective, helping clients anticipate risks and develop mitigation measures.’
- ‘Their global network enables them to provide legal services outside of China. They have a large staff and cover a wide range of businesses.’
Key clients
- Hebei Cangzhou Rural Commercial Bank Co
- Zhangjiakou Rural Commercial Bank Co
- Pingquan Rural Credit Cooperative Union
- Hebei Jingxing Rural Commercial Bank Co
- Fuping Rural Credit Cooperative Union
- Huafu Ruining Investment Management Co
- Bank of Communications Financial Leasing Co
- Agricultural Bank of China Hong Kong Branch
- Ping An Bank Co Hong Kong Branch
- Bank of China (Hong Kong)
- China Construction Bank (Asia) Corporation
- Zhejiang Fuzhe Financial Leasing Co
- Zhejiang Communications Investment Group Co
- Hangzhou Likun Investment Development Co
- China Financial Leasing Co
- Zhejiang Zheyin Financial Leasing Co
- Baoyi Real Estate Group Co
Work highlights
Assisted the client with the acquisition of Yulon Automotive Finance (China) Co for RMB1.318bn.
Assisted a banking client with a non-performing asset-backed securities project.
Assisted Hebei Cangzhou Rural Commercial Bank Co with rural banking matters.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
Yunwang Ping; Frank Qu; Leo Zhou; Jingjing Xia; Jian Yiang
Other key lawyers
Jing Wang; Lianggen Xu