DeHeng Law Offices

China

Analysis

Overview

Founded in 1993, DeHeng Law Offices is one of the leading law firms providing comprehensive legal services. DeHeng has over 4,000 legal service professionals and specialises in acquisition finance and project finance. Partner Xu (Jennifer) Zhang is experienced in cross-border financing, including syndicated lending, asset finance and sovereign loans.

Client feedback

“They have professionalism in the field and are business-savvy.” – Technology and telecommunications

Buyinnasen Ji

“The plaintiff initiated legal proceedings at the Guangdong Provincial High People's Court, seeking a claim exceeding $27.5 million (Rmb200 million), nearly ten times their original investment. In 2020, the High People's Court issued a judgment awarding the plaintiff compensation exceeding $18.2 million (Rmb132 million). Under such unfavourable circumstances, DeHeng Law Offices was entrusted with representing our interests, and attorney Buyinnasen Ji acted as our representative. In the second-instance trial, presided over by the Supreme People's Court of China, attorney Ji achieved a favourable verdict. This led to the case being remanded to the Guangdong Provincial High People's Court for retrial. During the first-instance retrial, attorney Ji successfully reduced the compensation amount to approximately $5.24 million (Rmb38 million), resulting in a 70% reduction in our losses. In the second-instance retrial heard by the Supreme People's Court of China, attorney Ji successfully represented us to uphold the revised judgment in February 2024.”

Yinan Wang

“He is an expert in data protection and has strong business-savvy. His advice is professional and down to earth.”

Labour and employment

Work highlights

Advised a world-renowned integrated technology service foreign company for a personnel optimisation project after business reduction.

Advised CNPC Great Wall Drilling Company for its organisation optimisation project.

Key clients

Shengdu Home Decoration Company, Shenzhen Zuoyou Furniture.

Restructuring and insolvency

Work highlights

Advised Netinfo Securities on its bankruptcy reorganisation. This is the first securities company in China to adopt a completely market-oriented model for bankruptcy reorganisation.

Appointed as a member of the liquidation group for Anyang Chemical Industry.

Advised Henan Qi County Yongda Food Industry and another 149 enterprises on bankruptcy reorganisation. This case is the largest scale of agricultural enterprises restructuring in China.

Key clients

Henan Shengguang Group, Inner Mongolia Xingye Group, Sanya Luhuitou Tourism Zone Development.

Corporate and M&A

Work highlights

Advised CSSC Science & Technology on its major assets restructuring project.

Advised Bizconf Telecom on selling the controlling stake to Jiangsu Xinlinfei Investment. This transaction changed the actual controlling party's stock lock-up period commitment set during the IPO, which is a significant breakthrough in this case.

Key clients

China Electronics Technology Group Corporation, Datang Telecom Technology, Shenzhen Bauing Construction Holding Group.

Capital markets

Work highlights

Advised Shaanxi Yanchang Petroleum for the registration of $5.5 billion (Rmb 40 billion) medium-term notes.

Advised Jiangxi Jiangtong Copper Foil on its IPO on ChiNext. This project is the first successful listing case of listed companies on A+H share markets spinning off subsidiary in Jiangxi province.

Key clients

Beijing SinoHytec, Shanghai Ruking Technologies, VMAX New Energy.

Competition/antitrust

Work highlights

Advised AnSteel Group in its acquisition of Lingyuan Iron and Steel.

Represented a pharmaceutical company in an investigation concerning its abuse of monopoly power.

Key clients

CATL, GW Holdings Group.

Banking and finance

Work highlights

Advised a Hong Kong commercial bank’s PRC subsidiary to provide refinancing loans to Tianrui Group Xingyang Cements.

Advised a Hong Kong commercial bank’s PRC subsidiary to provide refinancing loans to Taicang Harbour Golden Concord Electric-power Generation.