Dacheng Law Offices

China

IFLR1000 Reviews

Financial and corporate

Dacheng Law Offices has 51 offices across China, including in Beijing, Shanghai, Chongqing, Guangzhou, Hangzhou and Shenzhen.  

Highlights  

The firm is strongest in private equity and investment funds and has a highly active restructuring and capital markets structured finance and securitisation practice. Its capital markets practice has had a mixture of Hong Kong IPO and bond work, including corporate and convertible issuances. The firm is also recognised for its M&A, project development and banking work.  

Dacheng Law Offices facilitated a fixed asset syndicated loan and standby loan project valued at around RMB 44.8 billion (US$6.4 billion) for Sabic Fujian Petrochemicals Co., a joint venture between the international giant Saudi Basic Industries Corporation and the Chinese party, Fujian Energy and Petrochemical Group. In this deal, Dacheng Law Offices represented more than 10 banks.  

The firm advised clients in both domestic and overseas IPOs in recent years. It acted as the PRC counsel of Guangzhou Zhongxu Future Technology Co. in completing its Hong Kong IPO; assisted Ningbo Heli Technology Co. in its private placement, and represented Chongqing Spring Technology in its listing on the New Third Board as the first listed enterprise in Chongqing applying the “Chongqing Stock Connect” green channel mechanism.  

Key clients  

PayPal, China Construction Bank, Industrial and Commercial Bank of China, Bank of China, HSBC, BNP Paribas, Ningbo Communications Investment, Zhejiang Linyang Real Estate Development, and Zhongdu Holding Collection Association.  

Testimonials   

Capital markets  

"Dacheng Law Firm assigned Lawyer Hanlin Wang to lead and coordinate the work. He demonstrated significant strengths and benefits in terms of professional capability, work attitude, responsiveness, and delivery of results, receiving consistent praise from our company and other intermediaries."   

M&A  

Their real estate team is top-notch in structuring deals and navigating planning and zoning. The firm has serious clout with local authorities. The legal team led by lawyer Chang is highly experienced in the field of energy and construction.”  

“For financing large-scale energy infrastructure, Dacheng's project finance and construction expertise is vital. They drafted bulletproof EPC and O&M agreements protecting our investment. Their ability to coordinate specialist teams (tax, environment) is impressive.” 

Dacheng's counsel on our acquisition of a real estate project of a racing court was first-rate. Their due diligence on the target's situation was exceptionally thorough. The firm's ability to mobilize specialized resources for technical site assessments and PPA reviews significantly strengthened our position.”  

Investment funds 

"Lawyer Huazhen Huang and her team possess extensive project experience and unique insights in investment, financing, funds, insurance, and infrastructure. They deliver high-quality legal services for cross-disciplinary projects, with a sharp ability to identify and effectively resolve compliance issues and risks. Their strong professional skills enable them to propose creative project solutions, making them a rare and high-quality legal team." 

Qing Chang  

Lawyer Chang from Dacheng law office is a very sophisticated lawyer whose expertise is contributing to a complex energy project. She managed the M&A contract negotiations and grid connection agreements flawlessly. She understands the investor perspective and finds practical solutions to keep projects bankable. 

Qing Chang acted as lead counsel with exemplary precision and strategic foresight. Her ability to identify critical regulatory limitations early, particularly concerning grid connection rights and relevant matters within the target portfolio, constructing the transaction within the frame of the laws and regulations. Her negotiation tactics secured highly favourable terms during the final SPA adjustments. We particularly valued her calm authority under tight deadlines. 

As lead partner, lawyer Qing Chang masterfully navigated the complexities of acquiring an early-stage development platform. Her foresight in structuring contingent consideration linked to permitting milestones in the execution of the agreement aligned perfectly with our risk control policy. She skilfully managed negotiations between us and the opposing party by reasonably illustrating the cons and pros of the project.”  

Hanlin Wang 

"Lawyer Hanlin Wang has particular expertise in providing legal services for companies in capital markets, equity investment and financing, and other non-litigation matters." 

Huazhen Huang 

"Lawyer Huazhen Huang delivers exceptionally high-quality legal services. Firstly, she possesses superb professional skills and extensive project experience, enabling her to quickly grasp project specifics and accurately identify legal risks. Secondly, she has outstanding research and innovation capabilities, excels at balancing the needs of various parties, and creatively designs tailored transaction structures to achieve win-win outcomes. Finally, she is frequently invite d as a speaker or guest to forums and exchanges in specialized fields such as investment, financing, funds, insurance, and infrastructure, where her expertise is widely recognized by the industry."  

Xuanyuan Huang 

"Lawyer Xuanyuan Huang has provided excellent legal services to our company. He is very familiar with our business and investment sectors, possesses solid legal expertise, and demonstrates excellent professional ability. He is meticulous, responsible, provides timely and clear feedback, and can accurately and efficiently resolve our legal issues. He is an outstanding lawyer."