Bankruptcy Reorganization, Restructuring, and Insolvency

As Counsel to Investor

• Represented Hainan Development Holdings Co., Ltd. in its successful reorganization investment in the 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 so far either in terms of the value of assets and the scale of debts involved or the number of creditors concerned

• Represente d 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 four other companies, with an investment amount of 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 in Founder Technology Co., Ltd. (600601.SH)

• Represented the investor in the reorganization investment in Shenji Group Kunming Machine Tool Co., Ltd. (A-share stock code: 600806.SH and H share stock code: 00300.HK), with the mandate being the first 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 in listed company Hengkang Medical Group Co., Ltd. (stock code: 002219)

• Represented China General Technology (Group) Holding Co., Ltd. as the strategic investor in its 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 Grand Zhuoyue Real Estate (Yunnan) Co., Ltd. as the investor in the bankruptcy reorganization in a Kunming real estate development company

• Represented 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 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-restru cturing 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 proceedings

As Counsel to Creditor

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

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

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

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

• Represented Lone Star in its NPL assets in the bankruptcy reorganization of a debtor in Zhangjiagang, China

• Represented Advanced Manufacturing Industry Investment Fund (LP) 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. in the consolidated bankruptcy liquidation of Zhejiang Yongzheng Holdings Co., Ltd. and its affiliates

• Represented Deutsche Bank and other 11 offshore institutional investors 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 offshore creditor Honeywell Co., Ltd. in the bankruptcy reorganization of East Star Airlines Co., Ltd.

• Represented 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., with the total value of assets standing at over CNY 7 billion and the amount of debt exceeding CNY 35 billion

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

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

Litigation and Arbitration

• Represented China Grand Enterprises, Inc. in the second instance trial of a dispute over an import and 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 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 an 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 a 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 a 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