Representative Cases in Bankruptcy Reorganization, Restructuring and Insolvency

As Counsel to Investor

• Represented Hainan Development Holdings Co., Ltd. in its successful reorganization investment of airport arm of HNA Group through coordinated acquisition involving more than 20 reorganization targets and over 100 enterprises (including A-share and H-share listed companies), the case being the largest bankruptcy reorganization case in China either in terms of the value of assets and the scale of debts involved or the number of creditors concerned.

• Represented the consortium formed by Zhuhai Huafa Group Co., Ltd., Ping An Insurance (Group) Company of China, Ltd. and Shenzhen Special Economic Zone Development Group Company., Ltd. as the strategic investor in the substantive consolidation and reorganization of Peking University Founder Group Co., Ltd., and 4 other companies, with the investment amount over CNY 70 billion, and scale of debt settled at nearly CNY 200 billion

• Represented Zhuhai Huafa Industrial Investment Holding Co., Ltd., in reorganization investment of Founder Technology Co., Ltd. (600601 .SH)

• Represented investor in the reorganization investment of Shenji Group Kunming Machine Tool Co., Ltd. (A-share stock code: 600806 and H share stock code: 00300), the first case of bankruptcy reorganization of "A + H" listed companies in China

• Represented the consortium of Beijing New Journey Healthcare Group Co., Ltd. et al. in the reorganization investment of listed company Hengkang Medical Group Co., Ltd. (stock code: 002219)

• Represented and advised China General Technology (Group) Holding Co., Ltd. as the strategic investor in the successful bankruptcy reorganization of Shenyang Machine Tool (Group) Co., Ltd. and its eight subsidiaries, and in the bankruptcy reorganization of Shenyang Machine Tool Co., Ltd. and its two subsidiaries

• Represented and advised Grand Zhuoyue Real Estate (Yunnan) Co., Ltd. as the investor in the bankruptcy reorganization of a Kunming real estate development company

• Represented and advised Mingyuan Holding Group Co., Ltd. as the restructuring party in the bankruptcy reorganization of Dahua Group Co., Ltd. and participated in the implementation of its reorganization plan

• Represented and advised COFCO Limited in the bankruptcy reorganization of Beijing Wugudaochang Food Development Co., Ltd. and achieved the goal of reorganization successfully

As Counsel to Debtor

• Advised Macrolink Group Co., Ltd. in its debt restructuring

• Acted as interim manager in the pre-restructuring proceeding of BAIC Yinxiang Automobile Co., Ltd and participated in the judicial restructuring proceedings as the Legal Counsel to the debtor

• Acted as legal counsel to Jin Hua Chemical (Group) Co., Ltd. in its bankruptcy reorganization proceeding

• Acted as Legal Counsel to a sanitary ware manufacturer in Fujian Province in its bankruptcy and restructuring proceeding
  

  
  

As Counsel to Creditor

• Represented and advised Huarongruitong Equity Investment Management Co., LTD in the consolidated bankruptcy liquidation of 70 companies including CEFC Shanghai International Group Co., Ltd., CEFC China Energy Company Limited, CEFC Hainan International Holdings Co., Ltd., Shanghai CEFC Group Finance Co., Ltd., etc

• Represented and advised an institutional bondholder in the reorganization of QingHai Salt Lake Industry Co., Ltd.(000792.SH)

• Represented and advised the bond trustee - Citicorp International Limited as the creditor in the bankruptcy reorganization of Reward Science and Technology Industry Group Co., Ltd.

• Represented Ping An Trust Co., Ltd. as creditor in the consolidated reorganization of Dalian Machine Tool Co., Ltd.

• Represented and advised the offshore creditor Paragon Outcomes and its affiliates in the reorganization of Dalian Shipbuilding Industry Offshore Co., Ltd.

• Represented and advised Lone Star as the creditor on its NPL assets in the bankruptcy reorganization of a debtor in Zhangjiagang, China

• Represented and advised Advanced Manufacturing Industry Investment Fund (L.P.) as creditor in the reorganization of Jilin Midas Aluminum Co., Ltd.

• Represented offshore fund creditors and onshore trust creditors in the debt restructuring of Shenzhen Kaisa Group

• Represented China paper Machinery Co., Ltd. as creditor in the consolidated bankruptcy liquidation of Zhejiang Yongzheng Holdings Co., Ltd. and its affiliates

• Represented and advised 12 offshore institutional investors (i.e. Deutsche Bank) in a debt restructuring of Dalian Zhengyuan Real Estate Co., Ltd. with the amount over USD 500 million

• Represented Standard Chartered IL&FS Asia Infrastructure Growth Fund Company Pte. Limited in a cross-border debt restructuring case

• Represented and advised the offshore creditor Honeywell Co., Ltd. in the bankruptcy reorganization of East Star Airlines Co., Ltd.

• Represented and advised Avenue Capital in litigation, arbitration and bankruptcy liquidation proceedings in relation to the recovery of its CNY 2 billion non-performing loans in Dalian, China

As Member of Liquidation Committee/Bankruptcy Administrator

• Acted as the reorganization/bankruptcy administrator of six companies including STX (Dalian) Shipbuilding Co., Ltd., STX (Dalian) Heavy Industries Co., Ltd., STX (Dalian) Marine Engineering Co., Ltd., STX (Dalian) Engine Co., Ltd., STX (Dalian) Plant Co., Ltd. and STX (Dalian) Metal Co., Ltd., the value of asset over CNY 7 billion and the amount of debt exceeds CNY 35 billion

• Designated by Shenyang Intermediate People's Court as the reorganization administrator of 83 companies including Huishan Dairy (China) Co., Ltd.

• Acted as a member of liquidation committee/administrative liquidation committee of securities companies such as Xinhua Securities, DeHeng Securities, Hengxin Securities, Min'an Securities, Xinjiang Securities, Capital-Bridge Securities.
  

  
  

Representative Cases in Litigation& Arbitration

• Represented China Grand Enterprises, Inc. in the second instance trial of a dispute over import & export agency contract with Shanghai Hongsheng Technology Co., Ltd. before the Supreme People's Court

• Represented Beijing Jingmen Real Estate Development Co., Ltd. in the second instance trial of a dispute over cooperative development of real estate against Beijing Haitian Real Estate Development Co., Ltd. before the Supreme People's Court

• Represented Minsheng Investment Management Co., Ltd. in the retrial case of a guarantee contract dispute against Qingdao Lumeng Investment Consulting Co., Ltd. before the Supreme People's Court

• Represented a partnership in the retrial of a dispute over mining right transfer against Guizhou Zhenghua Mining Co., Ltd. before the High People's Court of Guizhou province

• Represented Xiao Chen (a famous Chinese actor) against GOME Electrical Appliances Holding Limited before Beijing High People’s Court

• Represented Jordan Limited, a subsidiary of MBK in an arbitration involving a CNY 300 million equity investment dispute before CIETAC

• Represented ARCH, a fund managed by PAG in an arbitration involving an over CNY 480 million equity investment dispute before CIETAC

• Represented HRS Wind Power Technologies, Ltd. in an arbitration involving a dispute over a technology development contract against Guodian United Power Technology Company Ltd. before SIAC

• Represented a subsidiary of CETC Group in an arbitration involving a dispute over asset management contract against a fund management company before CIETAC
  

• Represented Baotou Sheng Long Lina Textile Co., Ltd. in an arbitration involving a dispute over a joint venture contract against Dongwha Enterprise Co Ltd., a Korean company

• Represented Beijing Eastern Petro-chemical Co., Ltd. in an arbitration involving a dispute over a pipeline product supply agreement against Beijing Plex Utility Gas Co., Ltd. before CIEATC

• Represented China Electronics Leasing Co., Ltd., in an arbitration involving an asset management contract dispute before CIETAC

• Represented Beijing Mainuoke Technology Co., Ltd. in an arbitration involving a contract dispute against Sandvik Construction Trading (Shanghai) Co., Ltd. before CIETAC

• Represented Heineken APB (CHINA) PTE Ltd., in an arbitration involving a joint venture contract dispute against Nantong Fuhao Wine Industry Co., Ltd. before CIETAC

• Represented Holiday Hotel Management Co., Ltd. in an arbitration involving a dispute over hotel management contract against Chinese proprietors before CIETAC

• Represented Shandong Dawn Titanium Industry Co., Ltd. in an arbitration involving a dispute over contract of sale of goods against Akzo Nobel (Shanghai) Co., Ltd. before CIETAC

• Represented Hebei Puyang Iron and Steel Co., Ltd. in an arbitration involving a dispute over a gas supply contract against Wu'an Linde Gas Co., Ltd. before CIETAC

• Represented Paul Y. Construction (China) Limited in an arbitration involving a dispute over project development management agreement against a company in Tianjin before CIETAC South China Sub-Commission

• Represented Nanjing Automobile (Group) Corporation in an arbitration involving a contract dispute against GETRAG (Jiangxi) Transmission Systems Co., Ltd before CIETAC Shanghai Sub-Commission

• Represented Beijing Pangu Investment Inc. in an arbitration involving an over CNY 7 billion dispute and reach a settlement

Representative Cases in Bankruptcy Reorganization, Restructuring and Insolvency
As Counsel to Investor

• Represented Hainan Development Holdings Co., Ltd. in its successful reorganization investment of airport arm of HNA Group through coordinated acquisition involving more than 20 reorganization targets and over 100 enterprises (including A-share and H-share listed companies), the case being the largest bankruptcy reorganization case in China either in terms of the value of assets and the scale of debts involved or the number of creditors concerned.

• Represented the consortium formed by Zhuhai Huafa Group Co., Ltd., Ping An Insurance (Group) Company of China, Ltd. and Shenzhen Special Economic Zone Development Group Company., Ltd. as the strategic investor in the substantive consolidation and reorganization of Peking University Founder Group Co., Ltd., and 4 other companies, with the investment amount over CNY 70 billion, and scale of debt settled at nearly CNY 200 billion

• Represented Zhuhai Huafa Industrial Investment Holding Co., Ltd., in reorganization investment of Founder Technology Co., Ltd. (600601 .SH)

• Represented investor in the reorganization investment of Shenji Group Kunming Machine Tool Co., Ltd. (A-share stock code: 600806 and H share stock code: 00300), the first case of bankruptcy reorganization of "A + H" listed companies in China

• Represented the consortium of Beijing New Journey Healthcare Group Co., Ltd. et al. in the reorganization investment of listed company Hengkang Medical Group Co., Ltd. (stock code: 002219)

• Represented and advised China General Technology (Group) Holding Co., Ltd. as the strategic investor in the successful bankruptcy reorganization of Shenyang Machine Tool (Group) Co., Ltd. and its eight subsidiaries, and in the bankruptcy reorganization of Shenyang Machine Tool Co., Ltd. and its two subsidiaries

• Represented and advised Grand Zhuoyue Real Estate (Yunnan) Co., Ltd. as the investor in the bankruptcy reorganization of a Kunming real estate development company

• Represented and advised Mingyuan Holding Group Co., Ltd. as the restructuring party in the bankruptcy reorganization of Dahua Group Co., Ltd. and participated in the implementation of its reorganization plan

• Represented and advised COFCO Limited in the bankruptcy reorganization of Beijing Wugudaochang Food Development Co., Ltd. and achieved the goal of reorganization successfully
  

  
  

As Counsel to Debtor

• Advised Macrolink Group Co., Ltd. in its debt restructuring

• Acted as interim manager in the pre-restructuring proceeding of BAIC Yinxiang Automobile Co., Ltd and participated in the judicial restructuring proceedings as the Legal Counsel to the debtor

• Acted as legal counsel to Jin Hua Chemical (Group) Co., Ltd. in its bankruptcy reorganization proceeding

• Acted as Legal Counsel to a sanitary ware manufacturer in Fujian Province in its bankruptcy and restructuring proceeding
  

  
  

As Counsel to Creditor

• Represented and advised Huarongruitong Equity Investment Management Co., LTD in the consolidated bankruptcy liquidation of 70 companies including CEFC Shanghai International Group Co., Ltd., CEFC China Energy Company Limited, CEFC Hainan International Holdings Co., Ltd., Shanghai CEFC Group Finance Co., Ltd., etc.

• Represented and advised an institutional bondholder in the reorganization of QingHai Salt Lake Industry Co., Ltd.(000792.SH)

• Represented and advised the bond trustee - Citicorp International Limited as the creditor in the bankruptcy reorganization of Reward Science and Technology Industry Group Co., Ltd.

• Represented Ping An Trust Co., Ltd. as creditor in the consolidated reorganization of Dalian Machine Tool Co., Ltd.

• Represented and advised the offshore creditor Paragon Outcomes and its affiliates in the reorganization of Dalian Shipbuilding Industry Offshore Co., Ltd.

• Represented and advised Lone Star as the creditor on its NPL assets in the bankruptcy reorganization of a debtor in Zhangjiagang, China

• Represented and advised Advanced Manufacturing Industry Investment Fund (L.P.) as creditor in the reorganization of Jilin Midas Aluminum Co., Ltd.

• Represented offshore fund creditors and onshore trust creditors in the debt restructuring of Shenzhen Kaisa Group

• Represented China paper Machinery Co., Ltd. as creditor in the consolidated bankruptcy liquidation of Zhejiang Yongzheng Holdings Co., Ltd. and its affiliates

• Represented and advised 12 offshore institutional investors (i.e. Deutsche Bank) in a debt restructuring of Dalian Zhengyuan Real Estate Co., Ltd. with the amount over USD 500 million

• Represented Standard Chartered IL&FS Asia Infrastructure Growth Fund Company Pte. Limited in a cross-border debt restructuring case

• Represented and advised the offshore creditor Honeywell Co., Ltd. in the bankruptcy reorganization of East Star Airlines Co., Ltd.

• Represented and advised Avenue Capital in litigation, arbitration and bankruptcy liquidation proceedings in relation to the recovery of its CNY 2 billion non-performing loans in Dalian, China
  

  
  

As Member of Liquidation Committee/Bankruptcy Administrator

• Acted as the reorganization/bankruptcy administrator of six companies including STX (Dalian) Shipbuilding Co., Ltd., STX (Dalian) Heavy Industries Co., Ltd., STX (Dalian) Marine Engineering Co., Ltd., STX (Dalian) Engine Co., Ltd., STX (Dalian) Plant Co., Ltd. and STX (Dalian) Metal Co., Ltd., the value of asset over CNY 7 billion and the amount of debt exceeds CNY 35 billion

• Designated by Shenyang Intermediate People's Court as the reorganization administrator of 83 companies including Huishan Dairy (China) Co., Ltd.

• Acted as a member of liquidation committee/administrative liquidation committee of securities companies such as Xinhua Securities, DeHeng Securities, Hengxin Securities, Min'an Securities, Xinjiang Securities, Capital-Bridge Securities.

Representative Cases in Litigation& Arbitratio

• Represented China Grand Enterprises, Inc. in the second instance trial of a dispute over import & export agency contract with Shanghai Hongsheng Technology Co., Ltd. before the Supreme People's Court

• Represented Beijing Jingmen Real Estate Development Co., Ltd. in the second instance trial of a dispute over cooperative development of real estate against Beijing Haitian Real Estate Development Co., Ltd. before the Supreme People's Court

• Represented Minsheng Investment Management Co., Ltd. in the retrial case of a guarantee contract dispute against Qingdao Lumeng Investment Consulting Co., Ltd. before the Supreme People's Court

• Represented a partnership in the retrial of a dispute over mining right transfer against Guizhou Zhenghua Mining Co., Ltd. before the High People's Court of Guizhou province

• Represented Xiao Chen (a famous Chinese actor) against GOME Electrical Appliances Holding Limited before Beijing High People’s Court

• Represented Jordan Limited, a subsidiary of MBK in an arbitration involving a CNY 300 million equity investment dispute before CIETAC
  

• Represented ARCH, a fund managed by PAG in an arbitration involving an over CNY 480 million equity investment dispute before CIETAC

• Represented HRS Wind Power Technologies, Ltd. in an arbitration involving a dispute over a technology development contract against Guodian United Power Technology Company Ltd. before SIAC
  

• Represented a subsidiary of CETC Group in an arbitration involving a dispute over asset management contract against a fund management company before CIETAC
  

• Represented Baotou Sheng Long Lina Textile Co., Ltd. in an arbitration involving a dispute over a joint venture contract against Dongwha Enterprise Co Ltd., a Korean company
  

• Represented Beijing Eastern Petro-chemical Co., Ltd. in an arbitration involving a dispute over a pipeline product supply agreement against Beijing Plex Utility Gas Co., Ltd. before CIEATC
  

• Represented China Electronics Leasing Co., Ltd., in an arbitration involving an asset management contract dispute before CIETAC

• Represented Beijing Mainuoke Technology Co., Ltd. in an arbitration involving a contract dispute against Sandvik Construction Trading (Shanghai) Co., Ltd. before CIETAC

• Represented Heineken APB (CHINA) PTE Ltd., in an arbitration involving a joint venture contract dispute against Nantong Fuhao Wine Industry Co., Ltd. before CIETAC

• Represented Holiday Hotel Management Co., Ltd. in an arbitration involving a dispute over hotel management contract against Chinese proprietors before CIETAC

• Represented Shandong Dawn Titanium Industry Co., Ltd. in an arbitration involving a dispute over contract of sale of goods against Akzo Nobel (Shanghai) Co., Ltd. before CIETAC

• Represented Hebei Puyang Iron and Steel Co., Ltd. in an arbitration involving a dispute over a gas supply contract against Wu'an Linde Gas Co., Ltd. before CIETAC

• Represented Paul Y. Construction (China) Limited in an arbitration involving a dispute over project development management agreement against a company in Tianjin before CIETAC South China Sub-Commission

• Represented Nanjing Automobile (Group) Corporation in an arbitration involving a contract dispute against GETRAG (Jiangxi) Transmission Systems Co., Ltd before CIETAC Shanghai Sub-Commission

• Represented Beijing Pangu Investment Inc. in an arbitration involving an over CNY 7 billion dispute and reach a settlement