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Yuxing YE
Senior Counsel / Beijing
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Tel +86-10-5957-2039/18610131090
Email yeyuxing@zhonglun.com
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Practices
Cross-border Investment/M&A, Investment/M&A & Corporate Governance, Trade Compliance & Trade Remedies
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Industries
Energy & Power, Mining & Natural Resources, Information & Intelligence Technology, Pharmaceuticals & Life Sciences
Yuxing YE
Yuxing is a cross-border M&A and projects specialist with over 17 years of experience. He supports clients across a wide range of industries, including energy and infrastructure, private equity, agribusiness, and manufacturing.
Yuxing frequently represents international clients investing in China and domestic clients investing globally in jurisdictions across Europe, North and South America, Southeast Asia, Australia, the Middle East, and Africa. His clients include major global and domestic energy developers, well-known Chinese state-owned enterprises, private equity funds, and leading manufacturers of all sizes.
In his M&A practice, Yuxing advises his clients on complex cross-border legal issues and assists them in achieving their business goals by navigating them through the process of making strategic acquisitions or divestitures, negotiating and establishing joint ventures, and entering new markets. Yuxing’s expertise extends to regulatory compliance, due diligence, and risk management, ensuring that transactions are seamless and strategically aligned with business objectives.
In the energy and power sector, Yuxing has helped sponsors and developers steer through all stages of a project, from planning and structuring to development, financing, and construction. He has extensive experience in drafting and negotiating a variety of commercial and project agreements, including joint venture agreements, concession agreements, power purchase agreements, as well as share purchase and sale agreements, and shareholder agreements. His deep understanding of regulatory frameworks and market dynamics enables him to provide strategic advice that anticipates industry trends and regulatory changes, optimizing outcomes for his clients.
Representative Matters
Performance in long-term legal advisory
Acted as retainer-basis legal counsel to the Ministry of Natural Resources (formerly the Ministry of Land and Resources)
Energy & Resources
Advised China Power International Holding Ltd. on its acquisition of utility-scale solar and wind projects in Brazil, Georgia, Hungary, and Romania
Advised SPIC Huanghe Hydropower Development Co., Ltd. on forming of a consortium with ACWA Power, a Saudi Arabia based developer and operator of power projects, and on their successful joint bids of multiple projects in the region, including the Red Sea Project, a megaproject forming part of the Saudi Vision 2030 program
China Power International Holding Ltd.: acquisition of utility-scale solar and wind projects in Brazil, Georgia, Hungary and Romania
SPIC Huanghe Hydropower Development Co., Ltd.: forming of a consortium with ACWA Power, a Saudi Arabia based developer and operator of power projects, in their successful joint bids of multiple projects in the region, including the Red Sea Project, a megaproject forming part of the Saudi Vision 2030 program
SUMEC Group Corporation: acquisition of 3 distributed solar projects in Turkey
China Southern Power Grid International (HK) Co., Limited: proposed acquisition of a portfolio of 2,400 km of operational transmission lines in Brazil from Canada’s Brookfield Asset Management
China Nuclear Industry 23 Construction Co., Ltd.: forming of a joint venture with KNM International Sdn Bhd, a Malaysian oil, gas and petrochemical engineering conglomerate, to provide BOT services for petrochemical and renewable energy in Malaysia and Southeast Asia
China National Machinery Imp. & Exp Corp: forming of joint venture with Malaysia based energy company THB Power, which has been awarded tender by Malaysian government, to develop a gas-fired powered power plant located in Kedah, Malaysia (with a total capacity of 1200MW)
PowerChina Resources Limited: proposed acquisition of majority stake in Amu Power Company Limited, which has been awarded a tender by the Government of Kenya to develop a 981.5 MW coal-fired power plant in Kenya, the largest in East Africa
Daqing Oilfield Company Limited: acquisition from KunLun Energy Company Limited, a HKEX listed company, of a portfolio of oil and gas assets located in Oman, Thailand, Azerbaijan, Kazakhstan and Peru
SPIC Yuanda Environmental Protection Engineering Co., Ltd.: forming of a joint venture with GCL Renewable Energy and joint development of a utility-scale solar project in Serbia
Apple Operation (a subsidiary of Apple Inc.): acquisition of minority interests in several utility-scale solar and wind power projects owned and operated by Goldwind Science & Technology Co., Ltd., including full interest in the associated environmental attributes
ENGIE China: acquisition of over a dozen utility-scale solar projects, distributed solar projects, biomass power projects, LNG manufacturer and transporter located in various provinces of China
Veolia China: acquisition of minority stake in an oil field drilling service provider in China
World Fuel Services: proposed bid at China Beijing Equity Exchange for 49% equity interest of China National Aviation Fuel Supply Co., Ltd., a Beijing-based aviation fuel service provider and a subsidiary of China National Aviation Fuel Group
Zhejiang Jindi Group: negotiation and signing of joint operation agreements, convention agreements, transportation agreements, pooling agreements and natural gas and crude oil sales and purchase agreements
China Hongqiao Group: acquisition of a majority stake in Allian Mining Commodities Guinee SA, the holding company of a major bauxite project in Guinea, Africa and negotiation of the mining convention with the government of Guinea
Shandong Steel Group: acquisition of a stake in African Minerals’ Tonkolili iron ore project in Sierra Leone, Africa
Macquarie Infrastructure and Real Assets: RMB 1.6 billion acquisition of water treatment business from InterChina Water Treatment Co., Ltd.
Relevant Experience - Manufacturing & Others
Jianguang Asset Management Co Ltd.: acquisition of RF power business of NXP Semiconductors N.V. from Philips, which is comprised of a series of equity, assets and IP acquisition transactions in PRC and multiple jurisdictions in Europe
Deals of the Year (2015), China Business Law Journal
Jiangsu Dewei Advanced Materials Co., Ltd.: proposed bid for Germany-based Carcoustics International GmbH, a major manufacturer of noise-reduction material used on automobiles, and its international subsidiaries in the U.S., Belgium, France, Mexico, Slovak, Italy, China and Spain
Northeast Industries Group Co. Ltd.: acquisition from Delphi Automotive of its mechatronics business located in Spain, Poland, Mexico, Brazil and China
Yantai Moon Group: acquisition of Dunham-Bush Industries Sdn Bhd, a leading international manufacturer of commercial and industrial cooling equipment with business in U.S., Europe, Middle East and China
Hasten Biopharmaceutic Co., Ltd.: acquisition of 5 cardiovascular and metabolism drugs from Takeda Group, a series of equity, assets and IP acquisition in PRC and multiple jurisdictions in Europe
Shandong Yuhuang Chemical Co., Ltd.: forming of a joint venture with U.S.-based Koch Industries to develop a methanol manufacturing complex in St. James Parish of Louisiana, U.S. with a total investment USD $1.85 billion and capacity of 4,950 ton/per day
Yinniu Micro-Electronics (Wuxi) Co., Ltd.: acquisition of Inuitive Inc., an Israel-based developer of multi-core processors designed for use in virtual reality head-mounted displays, smart glasses, drones and robots; structuring of international ESOPs
Chongqing Water & Environment Holdings Group Ltd.: proposed acquisition of a majority stake in Australia-based Suez Australia Holding Pty Ltd., a major drinking water, wastewater treatment, biosolids management and by-products recovery services provider
Mengniu Group: acquisition of majority stake in AICE Group, one of the largest food companies in Southeast Asia operating in Singapore, Indonesia, Thailand, Malaysia and Vietnam
Hisense Group: acquisition of Archcom Technology Inc., an U.S. based active optical component manufacturer and structuring of post-acquisition integration and international ESOPs; acquisition of majority stake in Jamdeo Ltd., a smart TV operating system provider based in Ontario, Canada; forming of a joint venture company in Hong Kong with Flex Inc. (formerly Flextronics Inc.) to develop open source and standards for smart televisions and related consumer electronic devices
ING: vendor due diligence and sale of its minority stakes in China Merchants Fund Management Co., Ltd. and ING-BOB Life Insurance Co., Ltd
OPay Inc.: vendor due diligence relating to its mobile payment business located in Egypt, Nigeria, Cayman, Hong Kong and U.K.
Qingdao Sino-German Ecopark: public take-over of German Brokers AG, a Frankfurt Stock Exchange listed company in Germany
Huawei Technologies Co., Ltd.: acquisition of minority stake in a number of upstream suppliers including North Ocean Photonics
Global Drilling System Group: forming of joint venture with a major PRC mining company Jinding Mining Machinery Co., Ltd, a wholly owned subsidiary of Shanxi Jincheng Anthracite Mining Group
Milk Specialties Global: forming of a joint venture with a Heilongjiang, China based animal nutrition supplier Rongyao Feed Biotechnology Development Co. Ltd.
Imperial Tobacco Group: forming of joint venture with China Tobacco Chuanyu Industrial Co., Ltd, a major state-owned tobacco Company
Honors and Awards
For Deal
Jianguang Asset Management Co Ltd.: acquisition of RF power business of NXP Semiconductors N.V. from Philips, which is comprised of a series of equity, assets and IP acquisition transactions in PRC and multiple jurisdictions in Europe
Deals of the Year (2015), China Business Law Journal
Publications
China Mining Law Review, 2022
Related
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Deals Related
Zhong Lun Reappointed by the Ministry of Natural Resources as External Counsel
Humbled by the trust and honor that the MNR has placed on us, we will stay committed to our responsibility as we have always done and continue to work diligently with our expertise and experience in the natural resources sector to advance the rule of law.
2022-04-22
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Bar Admissions/Professional Qualifications
New York State Bar
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Education
J.D., Benjamin N. Cardozo School of Law, Yeshiva University
M.S. in Computer Science, University of Bridgeport
B.A in International Trade, Chongqing Technology and Business University -
Professional Experience
Senior Counsel, Zhong Lun Law Firm
Partner, Of Counsel, Senior Associate, King & Wood Mallesons
US Associate, Allen & Overy
Legal Counsel, The Bank of Nova Scotia Asia Limited
Legal Counsel, Bank of China, New York Branch -
Languages
Chinese
English