Zhong Lun Law Firm

Shanghai

IFLR1000 Reviews

Financial and corporate

Founded in 1993, Zhong Lun Law Firm is among the first private law partnerships in China and has grown to become one of the largest full-service law firms in the country. Today it has 18 offices in Beijing, Shanghai, Shenzhen, Guangzhou, Wuhan, Chengdu, Chongqing, Qingdao, Hangzhou, Nanjing, Haikou, Tokyo, Hong Kong, London, New York, Los Angeles, San Francisco and Almaty.

Zhong Lun leads the market in almost every practice, including banking and finance, capital markets, M&A, private equity, restructuring and insolvency and project finance.

During the research period, the firm’s most important business was its capital markets practice—especially in the A-share market—which was the segment that generated the most revenue in 2019. Some key highlights include its advice on China CITIC Press’s listing on the GEM Board of Shenzhen’s stock exchange, Canaan’s Nasdaq IPO, and Kingsemi’s listing on the STAR Market of the Shanghai Stock Exchange.

Banking is another core area of the firm. Last year the team acted for Ascent Real Estate Investors and Sigma Delta Investment Partners in the acquisition financing of Zhongguancun Dinghao Electronics Building, which was one of the largest ever foreign commercial real estate acquisitions in Beijing.

In M&A the firm kept busy with NXP’s acquisition of Marvell’s wireless connectivity portfolio assets, and also represented Guangzhou Metro Group in its acquisition of a 19.9% stake in Yuexiu Property, which was one of the largest recent cross-border investment deals from Guangdong to Hong Kong.

In restructuring and insolvency, Zhong Lun advised on Dandong Harbor Group’s restructuring, a case that has achieved social significance in China.

 

Deal highlights

-          Ascent Real Estate Investors / Sigma Delta Investment Partners acquisition financing of Zhongguancun Dinghao Electronics Building 

-          Canaan Nasdaq IPO

-          China CITIC Press SZSE GEM IPO

-          Dandong Harbor Group restructuring

-          Kingsemi SSE STAR Market IPO

-          NXP acquisition of Marvell wireless connectivity portfolio assets

-          Guangzhou Metro Group acquisition of Yuexiu Property

 

Client feedback

“The firm offers efficient and constructive advice on risk control.” — Financial services regulatory

“It assisted in the whole process of the acquisition, from due diligence and SPA negotiation to deal completion. The work Zhong Lun’s team did was beyond our expectations with its consistent high quality work and patience shown during the long transaction period.”— M&A

“While we designed the transaction structure, Zhong Lun's lawyer helped us. In this deal we had some legal points to break through, and it recommended that we break the deal into two steps so that it finally came through.”— M&A

Gong Lefan

“It’s not just that he has good experience, but he also has professional skills.”

Shi Yi

“She is responsive and responsible when we have a problem to solve.”

Liu Xinyu

“Liu is constructive and offers efficient advice on the recent financial supervisory regulations.”