
JunHe LLP houses a sizeable private equity group that is specialised in buyout, exit transactions, and divestments, areas where team co-head Hui (Nelson) Zhou is experienced, as is fellow co-head Jiang (Joe) Chen, a key contact for various venture capital and leveraged buyout funds. The practice is also sought after for assistance with acquisitions, early-stage venture capital deals, IPOs, restructurings, buybacks, and more, counselling a range of clients, from foreign sovereign wealth funds to key domestic investors. Also co-leading the team is Xiyong (Sammuel) Zhao, who navigates high-profile transactions in various sectors, from new energy to pharma and retail. Fourth and final co-head Xie Zheng focuses on foreign direct investment, M&A, and capital markets matters, notably in the infrastructure and utilities sectors. Binxue Sang brings over three decades of experience with foreign investment entities and assisting MNCs with their complex businesses in China.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- 'Jiang (Joe) Chen is dynamic and knowledgeable and is able to draw on his vast experience to advise.’
- 'Every major project’s outcome has represented top-tier law firm performance at that time, even when working alongside leading investment bank financial advisors and major international law firms.'
- 'They demonstrate exceptional sensitivity to international rules and offshore regulations, and excel at providing multi-dimensional structures and solutions tailored to clients’ needs.'
- 'The JunHe Private Equity team has extensive project experience and strong capabilities in handling complex matters.'
- 'Exceptional PRC law capabilities and full-service on the necessary expertise areas.'
- 'Jiang (Joe) Chen will take on board the facts and circumstances and then tailor advice and strategy effectively in a user-friendly manner.'
- 'Jiang (Joe) Chen has great commercial sense and operates at a level far above his peers in China.'
- ‘Jiang (Joe) Chen is an absolutely outstanding practitioner who always impresses.'
- ‘Exceptional PRC law capabilities and full service on the necessary expertise areas.’
Key clients
- Bank of Dalian Co., Ltd. Shanghai Pudong Development Bank Co., Ltd. Postal Savings Bank of China Co., Ltd. China CITIC Bank Co., Ltd. Yingde Gas (Shanghai) Co., Ltd. DCP CAPITAL Taiping Life Insurance Co.,Ltd. China Green Development Fund Co., Ltd. Guoxin Jianyuan Equity Investment Fund (Chengdu) Partnership Enterprise (Limited Partnership) National Manufacturing Transformation and Upgrade Fund Green Development Fund Private Equity Investment Management (Shanghai) Co., Ltd. Beijing Bohua Capital Co., Ltd. CICC Capital Operation Co., Ltd. Advent International BREP Asia II Holdings I (NQ) LP SHH Core Holding Limited(BVI) Bibost (Shanghai) Automotive Electronics Co., Ltd. BMX Biotechnology (Zhejiang) Co., Ltd. Shanghai Eaco Gases Co., Ltd. Beijing Yizhuang International Industry Investment Management Co., Ltd. Primavera Capital Group
Work highlights
Advised on the RMB80bn acquisition of Zhuhai Wanda Commercial Management Company by the consortium consisting of PAG, Wanda, ADIA, Mubadala, CITIC Capital, and ARES.
Advised PAG on its RMB375bn sale of AirPower’s industrial gas business to a PRC Consortium.
Advised DCP Capital on its acquisition of a 78.7% stake in Sun Art Retail from Alibaba Group.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head
Hui (Nelson) Zhou; Jiang (Joe) Chen; Xiyong (Sammuel) Zhao; Zheng Xie
Other key lawyers
Binxue Sang; Yi Wang,; Man (Shelly) Wang
