David Xu focuses on PE/VC and capital market practices.
Private Equity and Venture Capital

• Represented well-known investors and start-ups in a number of private equity and venture capital transactions, for example, Insta360 Series A, B and C, Soccer World Series A and B, Tong Ban Jie Series A financing, DianPing financings, Secoo Series C and D financing, Miss Candy A financing, Teambition Series A financing, QingTing FM Series A financing, ZhongCaiHui Series A, B and C financing, and Chukong Series E financing, etc.
  

• Represented Motphys, Xijie Zhachuan, Lingque, Houmo.AI and HiBO in Financing
  

• Represented Caixin Global in exiting ISI
  

• Represented a top PE fund in its investment in Zhihu
  

• Represented Baidu Venture in its investment in Saphlux, Inc.
  

Mergers and Acquisitions

• Represented a world leading Japanese pharmaceutical company in the acquisition deal to acquire the pharmaceutical license, assisted in the establishment of an investment company as a regional headquarters, and participated in organizational restructuring.
  

• Represented a world leading multinational pharmaceutical company, in its absorption, merger, reorganization and restructuring of its business model change in China.
  

• Represented a world-leading American instrument and pharmaceutical biotechnology company in the establishment of a biopharmaceutical CDMO joint venture in China and assisted in legal matters related to the construction and leasing of the plant with the joint venture.
  

• Represented a well-known multinational company in the sale of its major real estate.Represented Dolphin Browser’s parent company and Sohu Changyou in its restructuring of ordinary shares and preferred shares, acquisitions and a convertible bond issuance;
  

• Represented an investment group in its acquisition of preferred shares and common shares of an education group consisting of more than 10 universities;
  

• Represented an investment group in its acquisition of an A-share listed company as well as exits by strategic investors;
  

• Represented a mobile Internet company in its merger by an A-share listed company and the share/asset purchase, fund raising, PIPE financing and associated transactions;
  

• Represented an outstanding cross-board pharmaceutical enterprise in its acquisition of the Chinese pharmaceutical business of another international group;
  

• Represented Telstra in its sale of LMobile;
  

• Represented Qantas in its sale of DPEX’s China operations;
  

  
  

Fund Formation

• Represented a well-known international asset management company in its structuring and contemplated establishment of QFLP RMB fund;
  

• Represented a Chinese asset management company to complete establishment of a QFLP RMB fund manager and provide advice on matters relating to the establishment of RMB fund;
  

• Represented a number of leading private equity and venture capital funds to complete establishment of a number of Cayman Islands seated funds;
  

• Provided legal advice on matters relating to RMB funds and offshore US Dollar funds, umbrella fund establishment for a Chinese asset management company;
  

Dispute Resolution

• Advised a world leading IT consultancy company in more than ten disputes with a large state-owned enterprise on dispute resolution strategy and procedural matters;
  

• Advised a world leading steel group in its enforcement of a foreign arbitral award in China;
  

• Advised a world leading architectural design service provider in its winning arbitration on an architectural design contract arbitration dispute with a real estate developer in China;
  

• Represented an internationally renowned food processing infant milk powder supplier in its settlement negotiations with the Chinese government authorities and dealers;
  

• Advised an Australia well-known energy company in its winning lawsuit against its Zhejiang joint venture partner in a joint venture dispute;
  

• Represented a leading Australian machinery maker in its settlement negotiations with a processing trade service supplier in Jiangsu province.