ENG

  • Michael ZHANG

    Equity Partner / Beijing

  • Tel +86-10-59572076

    Email zhangwenyong@zhonglun.com

  • Practices

    Financing, Private Equity & Investment Funds, Cross-border Investment/M&A

  • Industries

    Energy & Power, Mining & Natural Resources, Banking & Financial Services

CV

Michael ZHANG

Michael Zhang specializes in advising both international and Chinese financial institutions, corporates and private equity funds on a broad range of financing, debt restructuring, merger and acquisition, and private equity fund investment. Clients served by Michael Zhang included The Hongkong and Shanghai Banking Corporation Limited (HSBC), Standard Chartered Bank (SCB), Hang Seng Bank, Bank of New York Mellon, Australia and New Zealand Bank (ANZ), Morgan Stanley, Bank of America Merrill Lynch, Asian Development Bank (ADB), ICBC Asia, CCB Asia, DB Trustee, Citicorp International, the Export-Import Bank of China, CICC Capital, CITIC Capital, IDG Capital, Government of Singapore Investment Corporation (GIC), Avenue Capital Group, SBCVC, Prostar Capital, International Finance Corporation (IFC), Black River Asset Management, DuPont Group, Peabody Energy Corporation, Total Group, Cargill Investment (China) Co., Ltd., Qualcomm Technologies, Inc. and Maersk Group. Michael Zhang also has broad legal service experience in various sectors including high-tech, power (photovoltaic, hydropower, thermal power, biomass power, etc.), infrastructure (oil & gas storage, urban gas, water/waste-water treatment plants, seawater desalination, geothermal heating, dock, etc.), agriculture, medical facilities, biotech, mining and real estate.

Representative Matters

Banking and Debt Restructuring

Advised SCB on a debt restructuring relating to an offshore subsidiary of a PRC company

Advised HSBC and Hang Seng Bank as core lenders on a refinancing transaction involving PRC subsidiaries 

Advised HSBC on a global debt restructuring transaction involving PRC subsidiaries

Advised an ad hoc group of Steinhoff Europe AG (a subsidiary company in the Steinhoff group) creditors on restructuring of Steinhoff Group

Advised several financial institutions on global debt restructuring of a multinational company

Advised several offshore co-ordination committees (CoCom) on offshore debt restructurings of several real estate development group companies

Advised several financial institutions on debt restructuring of an energy trading company

Advised a European bank on debt restructuring related matters involving a PRC debtor

Advised an Austrian company on bankruptcy related matters of a PRC company

Advised a European bank on matters relating to its potential claim declaration as bondholder creditor against a PRC debtor in the bankruptcy reorganization proceeding

Advised a US hedge fund on matters relating to its potential claim declaration as bondholder creditor against a PRC debtor in the bankruptcy reorganization proceeding

Advised an international trustee on its claim declaration under series of USD bonds against several PRC companies in the bankruptcy reorganization proceedings 

Advised an international trustee on its claim declaration under series of USD bonds against a PRC company in the bankruptcy reorganization proceeding 

Advised an international trustee on its claim declaration under a series of USD bonds against a PRC debtor in the bankruptcy liquidation proceeding 

Advised an onshore branch of an international bank on its claim declaration as creditor against a PRC debtor in the bankruptcy liquidation proceeding 

Advised an international trustee on its claim declaration under a series of USD bonds against a PRC company in its workout procedure 

Advised an international trustee on legal matters relating to series of USD bonds issued by several PRC real estate enterprises

Advised an international trustee on participating in the financial creditors committee of a PRC company 

Advised an international bank on multiple security enforcement cases in the China

Advised Standard Chartered IL&FS Asia Infrastructure Growth Fund Company Pte. Limited on a takeover involving several wastewater treatment plants in China

Advised Huarong International on its extension of a loan to a Chinese borrower

Advised Morgan Stanley as arranger on some Chinese companies’ bond issuance / commercial loan transactions

Advised Bank of America Merrill Lynch as arranger on a large-scale state-owned company’s bond issuance transaction

Advised Citicorp International on a security transaction in relation to USD senior notes issued by a real estate company

Advised HSBC on a financing transaction of a PRC group company's offshore subsidary 

Advised Industrial Securities International as the underwriter on a domestic natural resources company’s proposed USD bond issuance transaction

Advised Mediobanca – Banca di Credito Finanziario S.p.A. as facility agent on an outbound guarantee transaction 

Advised Asian Infrastructure Investment Bank (AIIB) on its financing to a state-owned energy company

Advised European Bank for Reconstruction and Development (EBRD) on its project financing to a solar energy company in Egypt

Advised Nedbank, Barclays Bank, Development Bank of Southern Africa on Chinese law related issues

Advised Standard Bank of South Africa on several China related financing projects

Advised several international banks on several trade financing projects  

Advised a regional development bank on several financing transactions involving PRC companies 

Advised a PRC subsidiary of a multinational company on its transfer of account receivables to a PRC branch of an offshore bank

Advised IFC on its financing to near 40 projects in China, including syndicated loans, bilateral loans, panda bond loans, loss sharing arrangements, debts and security restructuring and security registration

Advised ICBC Asia as agent on a syndicated acquisition loan financing to an offshore subsidiary of a stated-owned company

Advised Bank of China, Dubai Branch on its equity bridge loan to a state-owned fund in relation to its project in Dubai

Advised CCB Asia on its acquisition financing to an offshore subsidiary of a state-owned company

Advised CITIC International on its financing to an offshore subsidiary of a PRC real-estate company

Advised a European company on PRC law issues relating to movables pledge and bills of lading pledge

Advised a subsidiary of an international energy company on financing to a proposed coal-to-chemical project

Advised Singapore United Overseas Bank on its project financing to a real-estate development project in China

Advised an international bank on their proposed syndicated loans to three real-estate development projects in China

Advised ANZ as facility agent on an outbound guarantee provided by a PRC guarantor

Advised Honeywell International for its aviation equipment lease in China  

Advised ICBC and the Export-Import Bank of China on their financing to Bangladesh Dhaka Elevated Expressway project

Advised the Export-Import Bank of China on its project financing to a large overseas hydropower project and an overseas iron ore mining rail car project

Advised China Development Bank on its financing to several offshore subsidiaries of some state-owned companies

Advised a Jilin public-held company on its provision of cross-border guarantee to a Canadian financial institution for the financing of its offshore subsidiary

Advised four (4) state-owned commercial banks and China Development Bank on their syndicated loans to an iron and steel project in China

Draft templated syndicated loan documents for China Banking Association

Represented a Chinese bank in a revolving letter of credit dispute with an overseas bank at a high court in China

Represented a big US commercial bank in a transferable letter of credit dispute with a Chinese exporter at a high court in China

Represented a Chinese trading group company in a demand guarantee dispute with an overseas bank

Provided general corporate service to the Export-Import Bank of China

Provided general corporate service to China CITIC Bank


Private Equity Fund Investment

Advised CICC Capital on more than 50 investments with various industries mainly related new energy, biomedicine, AI and new consumption

Advised CITIC Capital on around 10 investments with various industries involved

Advised JIC Capital on several investments with different industries involved

Advised IDG, Source Code Capital and CMB International on its investment in a new energy battery manufacturing company

Advised IFC and SBCVC on their several investments in PRC 

Advised several high-tech companies and a plant-based food manufacturer on their financing from financial investors 

Advised Avenue Capital Group on its several investments in PRC 

Advised Black River Assets Management Fund on its several investments in PRC

Advised an offshore incubator fund on its investments in more than 10 plant based food manufacturers in China 

Advised an international start-up investment fund on its investment in a food manufacturer in China

Advised an offshore energy fund on its proposed investment in a crude oil storage company and several urban gas distribution enterprises in China

Advised an international investment fund on its investment in a robot manufacturer in China 

Advised a sovereign investment fund on its proposed investment in a coal-to-chemical enterprise in China

Advised two international investment funds on their proposed investments in a chemical company in China

Advised H&Q Asia Pacific on its transfer of controlling stake in a Beijing holding company, which operates more than 60 Starbucks outlets in Beijing and Tianjin

Advised a PRC subsidiary of Microvast, Inc. on its fundraising from eight (8) private equity funds in China

Advised China New Energy Fund in Singapore on its investment in a few photovoltaic plants in China 

Advised an insurance company on its proposed investment in a logistics robot research and development enterprise in China

Advised an equity investment subsidiary of an investment bank on its proposed investment in a medical cosmetology hospital in China

Advised BHR Equity Investment Fund on its proposed investment in a high-tech company in China

Advised a green investment fund on its investment in an AI research and development company in China

Advised a governmental investment fund of Suzhou on its investment in an intelligent machinery company in China 

Advised DMG Everbright Culture Industrial Fund on its investment in an E-sports company in China

Advised a state-owned asset management company on the establishment of a government guide fund

Advised a PRC company on its establishment of several investment partnerships as part of ESOP


Merger & Acquisition, Foreign Direct Investment

Advised Microvast Power System (Huzhou) Co., Ltd. on its US listing through De-SPAC

Advised Qingdao Tianhuayuan Chemical Engineering Co., Ltd. (stock code: 600579SH) on its cross-border share swap 

Advised an international poultry/livestock farming equipment manufacturer on its proposed investment in a poultry equipment manufacture in China 

Advised Royal FrieslandCampina on its China related investment

Advised an international development bank on its proposed investment in a PRC city commercial bank

Advised a PRC subsidiary of SunEdison, Inc. on its acquisition of a domestic photovoltaic plant

Advised Qualcomm Technologies, Inc. on a large joint venture project in China with Guizhou Provincial Government

Advised Peabody Energy Group on a proposed coal mine joint venture project in China with a Chinese mining company

Advised IKEA on its new store construction in Beijing and its manufacturing plant in Dalian, including land acquisition, land development and construction

Advised Electrolux Group on the liquidation of a Chinese-foreign equity joint venture enterprise in China

Advised DuPont Pioneer on its establishment of a joint venture company in China and its corn seeds investment related restructuring in China

Advised a subsidiary of Maersk Group on its acquisition of assets of a state-owned company in China

Advised a Russian power trading company on its establishment of a power JV in China 

Advised a multinational company on its acquisition of a large-scale poultry company in China 

Advised a Spanish public-held company on its acquisition of a Hong Kong investment company, conducting legal due diligence on a number of infrastructure BOT projects in China

Advised a global leading poultry breeding group company on its investments and businesses in China

Advised a global leading geothermal energy company on its investment in China

Advised Microvast, Inc. on its investment in a new energy battery project in China

Advised a US energy-save company on its investment in a cooling project in China

Advised a US investment group company on its proposed acquisition of a real-estate project in China

Advised a US hotel management group on its proposed investment in a hotel 

Advised an Israeli high-tech company on its establishment of a Chinese-foreign equity joint venture company in Zhuhai, China

Advised a German high-tech company on its investment in a Chinese high-tech company in Beijing

Advised Fortum Finland on its establishment of a thermal power joint venture enterprise with a Chinese state-owned company

Advised an Israeli high-tech company on its establishment of a wholly foreign owned company in Shanghai, China

Advised a Hong Kong holding company on its investments in a car sale company, a car service company and a car manufacturer in China

Advised Cargill Group on its cargo importation business 

Advised China Nation Native Produce and Animal By-products Import and Export Corporation, a subsidiary of COFCO

Advised Hunan Grand Theatre on its global tender for designing services

Related

  • Bar Admissions/Professional Qualifications

    PRC Bar, 1999

  • Education

    LL.M., Boston University School of Law, Banking & Financial Law Program
    LL.M., University of International Business and Economics School of Law, International Financial Law
    Bachelor of Arts, Foreign Study College of Zhejiang University

  • Professional Experience

    Partner, Zhong Lun Law Firm
    Dupont China Holding Co., Ltd (on secondment)
    Associate, Zhong Lun Law Firm

  • Languages

    Chinese
    English