ENG

  • Hairong LI

    Equity Partner / Beijing

  • Tel +86-10-5957-2288

    Email lihairong@zhonglun.com

  • Practices

    Chinese Mainland Capital Markets, Cross-border Investment/M&A, Litigation & Arbitration

  • Industries

    Pharmaceuticals & Life Sciences, Energy & Power, Mining & Natural Resources

CV

Hairong LI

Ms. Hairong Li joined Zhong Lun in 2002 and has been practicing PRC law for over 20 years. She mainly specializes in enterprise investment and financing, with particular expertise in capital markets, cross-border investment/M&A, bankruptcy, insolvency and reorganization, and litigation and arbitration.

Ms. Li has exceptional breadth of experience in advising Chinese clients on their domestic/overseas listings and cross-border investment/M&A across many countries/regions.

Representative Matters

Capital Market

  • Advised Sinotrans on its merger of Sinoair by share swap and A-share listing on the Shanghai Stock Exchange (The transaction involved about 500 companies across dozens of countries/regions and assets totaling approximately CNY 62.3 billion. It was awarded 2019 Deals of the Year by China Business Law Journal)

  • Advised China Railway Signal & Communication Co., Ltd. on its initial public offering and listing on the Science and Technology Innovation Board (The client was among the first group of companies listed on the Science and Technology Innovation Board and achieved a market capitalization of over CNY 100 billion through this IPO. The deal was awarded 2019 Deals of the Year by China Business Law Journal)

  • Advised Qumei Home Furnishing Group Co., Ltd. on its issuance of A shares to certain targets in 2023

  • Advised China Communications Construction Company Limited on the restructuring and listing of its design arm

  • Advised Beijing Bangandi Information Technology Co., Ltd. on its issuance of shares to specific target

  • Acted as investor's legal counsel in the delisting of Montage Technology Co., Ltd. from the US market and its listing on the Science and Technology Innovation Board

  • Advised Qumei Home Furnishing Group Co., Ltd. on its non-public offering of A shares and its acquisition of 100% of the equity interests in Norwegian company Ekornes (this deal was recognized by China Legal Daily in its fourth list of “The Belt and Road Guiding Legal Service Cases”)

  • Advised Tunghsu Optoelectronic Technology Co., Ltd. on its non-public offering of shares and its backdoor listing

  • Advised Nanjing Xinjiekou Department Store Co., Ltd. on its acquisition of House of Fraser, a renowned British department store chain, and major assets restructuring (The deal was named 2014 Deals of the Year by China Business Law Journal and Overseas Investment Demonstration Project by Beijing Chaoyang District Lawyers Association, and recognized in “The Belt and Road” Selection of Excellent Legal Service Projects Top 10 Legal Service Cases of Investment)

  • Advised Sinopharm Group Co., Ltd. on its private placement of domestic shares to acquire 60% of the equity interests in China National Scientific Instruments and Materials Co., Ltd., an affiliate of China National Pharmaceutical Group Co., Ltd.

  • Advised Nanjing Xinjiekou Department Store Co., Ltd. on its acquisition of China Cord Blood Bank (NYSE: CO) and major assets restructuring

  • Advised Nanjing Xinjiekou Department Store Co., Ltd. on its acquisition of various medical and pharmaceutical assets in Israel, Hong Kong, and the mainland of China, and major assets restructuring

  • Advised Jinzhou New China Dragon Molybdenum Co., Ltd. on its non-public offering of shares and major assets restructuring

  • Advised Guoxing Rongda Real Estate Co., Ltd. on its non-public offering of shares

  • Advised Jiangsu Hiteker High-tech Co., Ltd. on its acquisition of a controlling stake in IDT International Ltd. (00167.HK)

  • Advised Beijing Bangandi Information Technology Co., Ltd. on its NEEQ listing

  • Advised Zhongmian Seed Technologies Co., Ltd. on its mixed-ownership reform and NEEQ listing

  • Advised China Railway Group Limited on its issuance of corporate bonds

  • Advised Jiangyin Xingcheng Special Steel Works Co., Ltd. on its issuance of short-term commercial papers

  • Advised China Merchants Group on its issuance of short-term commercial papers


Cross-Border Investment/M&A

  • Advised Qumei Home Furnishing Group Co., Ltd. on its non-public offering of A shares and its acquisition of 100% of the equity interests in Norwegian company Ekornes (This deal was recognized by China Legal Daily in its fourth list of "The Belt and Road" Guiding Legal Service Cases)

  • Advised Nanjing Xinjiekou Department Store Co., Ltd. on its acquisition of House of Fraser, a renowned British department store chain, and major assets restructuring (The deal was named 2014 Deals of the Year by China Business Law Journal and Overseas Investment Demonstration Project by Beijing Chaoyang District Lawyers Association, and recognized in "The Belt and Road" Selection of Excellent Legal Service Projects Top 10 Legal Service Cases of Investment)

  • Advised Sinopharm Group Co., Ltd. on its private placement of domestic shares to acquire 60% of the equity interests in China National Scientific Instruments and Materials Co., Ltd., an affiliate of China National Pharmaceutical Group Co., Ltd.

  • Advised Nanjing Xinjiekou Department Store Co., Ltd. on its acquisition of China Cord Blood Bank (NYSE: CO) and major assets restructuring

  • Advised Nanjing Xinjiekou Department Store Co., Ltd. on its acquisition of Israel-based NATALI’s elderly care business, Home & Health Care Holdings Limited’s medical consultancy business, and Shandong cord blood bank and major assets restructuring

  • Advised LOSCAM on its mixed-ownership reform and introduction of strategic investors

  • Advised ORG Technology Co., Ltd. on its acquisition of a Korean packaging company

  • Advised Anhui Conch Cement Co., Ltd. on its acquisition of a controlling stake in a Philippine company

  • Advised Suning Commerce Group Co., Ltd. on its acquisition of the business assets of Best Denki Co., Ltd. (8175.TYO) in Hong Kong

  • Advised Jiangsu Hongtu High Technology Co. Ltd. on its acquisition of a controlling stake in IDT International Ltd. (00167.HK)

  • Advised Ningxia Qinglong Investment Holdings Limited and its parent company on the acquisition of an agricultural equipment company in Israel

  • Advised Guangzhou Yatsen Global Co., Ltd. on its acquisition of a Japanese cosmetics company

  • Advised Kerui Securities Investment Fund on its acquisition of a controlling stake in Honma Golf

  • Advised Ningbo Yunsheng Co., Ltd. on its acquisition of Nikko Electric Industry Co., Ltd.

  • Advised Lida Optic-electronics Co., Ltd. on its acquisition of Tec Corporation, a Japanese company


Litigation & Arbitration

  • Represented China Railway 17th Bureau Group Co., Ltd. in its factoring contract dispute and credit realization

  • Represented Beijing Huaxia Wantong Investment Holding Co., Ltd. as defendant in its real estate contract dispute with You Well Real Estate Group Co., Ltd.

  • Represented a Beijing biotechnology limited liability company in its investment agreement dispute with a Luohe-based company

  • Represented Domob Ruida Limited as the claimant in a service contract arbitration against a data company

  • Represented Precious Moment Culture Development Beijing Limited as defendant in its private lending dispute with Orient Landscape Industry Group Co., Ltd.

  • Represented Wuhan Yanxi Micro Components Co., Ltd. as the claimant in a sales contract dispute with a Hong Kong company

  • Represented an A-share listed company in a dispute over its corporate control and provided legal solutions

  • Represented Jinyinlai (Hangzhou) Asset Management Co., Ltd. as plaintiff in its swap bond disputes with Shanghai Golden Pillow Investment Co., Ltd. and Purchasing Industry Holding Co., Ltd. as defendants, winning the case before Hangzhou Intermediate People's Court, which is among the first ever rulings in favor of a bond forward buyer in Zhejiang Province

  • Represented Jinyinlai (Hangzhou) Asset Management Co., Ltd. as plaintiff in its swap bond disputes with Shenzhen Front of The Fund Management Co., Ltd., winning the case before Hangzhou Intermediate People's Court, which is among the first ever rulings in favor of a bond forward buyer in Zhejiang Province

  • Represented Jinyinlai (Hangzhou) Asset Management Co., Ltd. as plaintiff in its swap bond disputes with Fengrong as defendant, winning the case before Hangzhou Intermediate People's Court, which is among the first ever rulings in favor of a bond forward buyer in Zhejiang Province

  • Represented Xinjiang Deyuan Biological Engineering Co., Ltd. as defendant in its contract dispute with Guizhou Taibang Biological Products Co., Ltd. as plaintiff, resulting in a settlement with the plaintiff through mediation

  • Represented Petir zeber Suisse AG against Beijing Fengshou International Trading Co., Ltd. in setting aside of an arbitral award

  • Represented SINOTRANS & CSC Holdings Co., Ltd.'s subsidiaries in their deregistration through voluntary liquidation, compulsory liquidation, and bankruptcy liquidation

  • Represented Zhengzhou Kangmu Agricultural Development Co., Ltd. as plaintiff in its dispute with Zhengzhou Fugang Real Estate Co., Ltd. over enforcement of effective legal instruments

  • Represented SINOTRANS & CSC Holdings Co., Ltd. and its subsidiaries in a number of litigations

  • Represented China HI-TECH Group Corporation's subsidiary in a dispute over corporate control

  • Represented Huachen Energy Co., Ltd. in a series of disputes


Other Investment/M&A and Perennial Legal Counsel Services

  • Advised China Economic Information Service on its Series A financing

  • Advised a certain home furnishings e-commerce company in the US on its seed round financing of several millions of US dollars from Hillhouse and Sequoia Capital

  • Advised Reflower on its over CNY 100 million Series C+ financing from CICC Capital and Hangzhou Jinghong Holding Co., Ltd.

  • Acted as retainer-based legal counsel for many large state-owned enterprises and listed companies, such as China Merchants Group, China Railway Signal & Communication Co., Ltd., Sinotrans Limited, CRSC International Co., Ltd., China Railway 17th Bureau Group Co., Ltd., etc.

Honors and Awards

For Individual

Top 15 Female Lawyers, ALB China

Top 15 M&A Lawyers, ALB China

Outstanding Lawyer in Chaoyang District, Beijing

“The Belt and Road” Top 10 Lawyers, China Legal Daily

For Deal

China Railway Signal & Communication Co., Ltd.’s initial public offering and listing on the Science and Technology Innovation Board, Deals of the Year - China Business Law Journal, 2019

Sinotrans's merger of Sinoair by stock swap and its A-share listing on the Shanghai Stock Exchange, Deals of the Year - China Business Law Journal, 2019

Nanjing Xinjiekou Department Store Co., Ltd.'s acquisition of House of Fraser, Deals of the Year 2014 - China Business Law Journal, “The Belt and Road” Selection of Excellent Legal Service Projects Top 10 Legal Service Cases of Investment, and Overseas Investment Demonstration Project - Beijing Chaoyang District Lawyers Association

Non-public offering of A-shares and acquisition of 100% of the equity in Ekornes in Norway by Qumei Home Furnishing Group Co., Ltd. (603818.SH), “The Belt and Road” Guiding Legal Service Case, China Legal Daily

Memberships & Affiliations

Guest Lecturer, School of Continuing Education of Tsinghua University

Guest Lecturer, School of Juris Master of China University of Political Science and Law

Publications

“OUTBUOND INVESTMENT Practical Guide and Case Analysis”, LAW PRESS·CHINA, 2017

“Zhong Lun Insights into Law – Essays on Law”, Zhong Lun Research Institute, 2018

“Mixed-ownership Reform of State-owned and Central Enterprises”, Zhong Lun Research Institute, 2019

“Healthcare Industry: Policy, Trends, and Legal Innovation”, Law Press China, 2019

“Healthcare Industry 2.0: Investment and Financing, IP Protection, IPO, and Regulatory Compliance”, Law Press China, 2021

Related

  • Bar Admissions/Professional Qualifications

    PRC Bar
    Fund Practitioner Qualification

  • Education

    LL.M., The University of Kitakyushu
    LL.B., China University of Political Science and Law

  • Professional Experience

    Partner and associate, Zhong Lun Law Firm, April 2002 to present

  • Languages

    Chinese
    Japanese
    English