Dacheng Law Offices is ‘Highly recommended’ in our construction, labour and employment, restructuring and insolvency tables. The firm is best known for its speciality in handling matters across the spectrum of transportation and infrastructure. Through cooperation with the government and enterprises in major construction projects, the team has accumulated extensive experience in public-private partnerships (PPPs). Based in Beijing, senior partner Huazhi Yuan heads the firm’s real estate and natural resources practices. Real estate, construction, PPP, mineral resources and general corporate law are some of his core practices. Another key senior partner is Guisheng Yang, he specialised in the mining industry (the establishment, M&A, restructure, reform, financing, prospect, exploitation, disposal of mining rights), real estate and construction, foreign investment, and administrative litigation.
Work highlights
Acted as a legal counsel to a financial institution to provide legal services for the labour relationship management of an employee upon the expiration of their medical leave period, safeguarding the company’s reputation and reinforcing effective workforce management.
Represented a semiconductor company for a non-compete dispute involving an employee, ensuring compliance and protecting the client’s business interests.
Key clients
e.l.f. (Shanghai) Trading, Ernst & Young
Work highlights
Represented a sovereign state in applying for recognition and enforcement of an International Centre for Settlement of Investment Disputes arbitration award in China. This is the first case in China to apply for the recognition and enforcement of an ICSID arbitration award.
Represented a Chongqing industrial company and a Chongqing mining company in the arbitration of a Rmb160 million ($22.4 million) contract dispute with the Chongqing branch of a state-owned enterprise.
Key clients
China Machinery Guoneng Electric Power Engineering, Guangdong Yuecai Trust, Shanghai Pudong Development Bank
Work highlights
Advised Xineng Energy Equipment on transitioning from bankruptcy liquidation to reorganisation, resolving a debt of Rmb4.1 billion ($573 million) and addressing the corporate income tax issue related to reorganisation gains.
Advised GAC Mitsubishi Motors on completing the debt restructuring. This case is particularly significant as the entire debt is not only huge in scale, amounting to more than Rmb8 billion ($1.1 billion), but also complex and controversial.
Key clients
Chongqing Energy Investment Group, Doushen Beijing Education & Technology, Zhongdian Huatong Communications
Work highlights
Advised Beijing Compass Technology Development on acquiring a public offering fund by judicial auction for a risk-resolution project. This case was selected as the “Benchmark Case” by Legal Version, a famous domestic information service agency.
Advised Cpi Xinjiang Energy Chemical Group on the issuance of different debt instruments. The instruments include the 2025 first phase innovation-oriented corporate bonds for professional investors, the 2024 first phase medium-term notes, and the 2024 first phase ultra-short-term financing notes.
Key clients
CLSA, GD Power Development, iYunbao Technology
Work highlights
Acted as the PRC counsel to advise Bank of Communications Financial Leasing on issuing two green bond projects, amounting to $950 million and $650 million.
Advised China Zheshang Bank in issuing the non-performing asset-backed securities project, the Zhenjin Series.
Key clients
Bank of Jiangsu, China Oriental Asset Management, China Zheshang Bank, Lucas GC
Work highlights
Advised TotalEnergies SE and SPIC Huanghe Hydropower Development on the acquisition of Nasamat Alshamal Holding Company. This is a benchmark case for cross-border energy M&A antitrust compliance.
Work highlights
Advised Beijing Baichuang Environmental Protection Company in a dispute with Xi'an Thermo Electron Company over an EPC general contract.
Advised Beijing Sixth Construction Group in connection with a contract dispute with Hebei Huijia Construction Engineering Construction.
Key clients
Power Construction Corporation of China, Heyuan Baden New City Investment
Work highlights
Represented RockCheck Trading in successfully recovering more than $3.5 million in compensation for release of goods without the original bill of lading.
Represented the China Shipowners' Association in responding to the Section 301 investigation against China by the United States.
Key clients
PICC, RockCheck Trading, Wuxi Zhonghuan Applied Materials
Work highlights
Advised Ningbo Runming New Energy on selling a total of 1000 MW of the Tieling wind power project through pre-appointed transfer of equity in their subsidiary enterprises.
Advised Hubei New Energy Company on successfully acquiring an onshore wind power project worth over Rmb1 billion ($140 million).
Key clients
China Energy Digital Technology Group, Huaxin Holdings (Henan), Windey Energy Technology Group
