DeHeng Law Offices




DeHeng Law Offices 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. The firm opened a new office in Qingdao, Shandong province in 2021. It now has 38 branch offices in China and 11 branch offices in foreign countries.

Client feedback

“The team was good at following up on our needs at any time through close and timely communication. They provided advice to solve problems constructively. We are very satisfied with their performance in that regard.” – Banking and finance

“With high professional quality and strong service awareness, the lawyers respond to issues in a timely manner and are always able to work out solutions to problems based on the actual situation of the company.” – Capital markets

“Their legal advice was clear. It helped us save lots of potential construction cost.” – Construction

“They are highly professional, with superb communication and analytical skills to deal with complex legal issues.” – Construction

“DeHeng Law Offices is professional in a variety of industry areas, it provided comprehensive legal advice and business solutions for us and helped us fluently close the deal.” – Corporate and M&A

“The law firm has rich experience in infrastructure construction and project development and has a team of lawyers with a complete range of professional categories. They can respond quickly and creatively to solve difficult legal problems.” – Infrastructure

“They have provided a thorough analysis of the complex legal regulation for such a relatively new area of business as online streaming. Their lawyers have good understanding of the IT business in China.” – Regulatory

Liang Ding

“Ding has the ability to learn about a new sector quickly, which is helpful in defining the relevant market. He communicates effectively, thinks from the customer perspective and provides practical solutions.”

Zhaoxia Fan

“She has proved professional and responsible in the deals that we work on. Usually, she would spot the point quickly and understand our needs.”

Weifeng Guo

“He is well versed in capital markets with experience in various transaction methods of private equity. He has a thorough understanding of the regulatory in relation to finance, taxation and business in the PRC. With the strategic planning skills and the all-round, exceptional service level he possesses, he has won our favour and trust.”

Huaiyuan Jia

“Not only is Jia very professional in his field of practice, but he also has a high standard of work ethics. He is dedicated to his work and always put clients’ interest in first place. Whenever the clients come across an issue, he is trusted to provide solutions immediately due to his efficiency and experience in the industry. Overall, as his client, we benefit from his dedication, his knowledge and experience as well as his passion towards his work.”

Deting (Jason) Li

“Li always provides his legal support quickly and satisfactorily, which contributes to our project development.”

Hongyuan Li

“This lawyer is particularly good at large-scale infrastructure investment and construction business, especially familiar with bidding and bidding law, with rich engineering knowledge and quick feedback.”

“He is particularly good at the legal services of large-scale water conservancy projects, familiar with bidding and engineering contract management, as well as dispute settlement of construction projects.”

“This lawyer has excellent professional skills, a kind attitude and meticulous work. He has provided legal services for several large-scale rail transit PPP projects of our company with good service effects and has provided help for our company's risk control. He is particularly good at designing the transaction structure of PPP projects and solving difficult problems in the process of project implementation, and is also good at construction project contract management and solving disputes in project construction.”

Yangde Li

“He is particularly good at designing the transaction structure of PPP projects, solving difficult problems in the process of project implementation, and also good at construction project contract management and solving disputes in project construction.”

Yinan Wang

“Enthusiastic attitude, fast action and good professional qualities. He is an expert in data security and privacy.”

“Very good command of English, which is especially important in China.”

Xiaoling Wang

“She is sharp-minded and always ready to provide needed advice. Her legal advice is just like a glass of icy beer in the hot desert.”

“She has very professional legal knowledge, quick thinking and excellent communication and persuasion skills. The legal advice always pinpoints the crux of the matter.”

“She is really professional in legal affairs related to PPP projects and always provides needed advice.”

Labour and employment

Work highlights

Acted for China Datang Group Nenghua Investment on its personnel adjustment project arising from a relocation plan.

Represented CNOOC Energy Development in labour disputes against 11 employees.

Represented Xinhua Asset Management in six different labour arbitration cases filed by an employee.

Key clients

Bank of China (Beijing Branch), Beaufour lpsen Pharmaceutical, Beijing Tongrentang Health Pharmaceutical

Restructuring and insolvency

Work highlights

Acting for Sanya Luhuitou Tourism Area Development as the administrator of the Mid-Levels Peninsula’s restructuring project, which is the largest real estate restructuring project in China, involving Rmb70 billion of debt and tens of billions of real estate assets.

Key clients

Henan Construction Group, Shandong Jinshunda Group, Qilute Steel

Corporate and M&A

Work highlights

Advised China Electronics Technology Group Corporation on its acquisition of China Putian Corporation.

Key clients

Beijing Oriental Jicheng, Datang Telecom Technology, Hubei Shuanghuan Science and Technology Stock, Sichuan Development Guorui Mining Investment

Capital markets

Work highlights

Advised CNOOC, one of the largest national oil companies in China, on its listing on the HKEX, making it the second large red-chip enterprise to go public on the main board of HKEX.

Advised China Southern Power Grid Technology on its Rmb1 billion ($144 million) listing on the Shanghai Stock Exchange’s STAR market.

Key clients

China National Gold Group Gold Jewellery, China Railway Construction Heavy Industry Corporation, Hubei Huaqiang High-Tech


Work highlights

Advised Danfoss on the merger review process for its $3.3 billion acquisition of Eaton's hydraulics business.

Key clients

Country Garden, SF Taisen

Banking and finance

Work highlights

Advised Bank of China (Beijing branch) on its acquisition loan to China SUMEC Automotive Industry Consulting Development with the amount up to HK$3.4 billion ($450 million).

Acted for a PRC state-owned policy bank on its loan to be granted to Shenzhen Metro Group for the purpose of the construction of Guangzhou-Dongguan-Shenzhen intercity railway.

Key clients

The Export-Import Bank of China (Shanghai branch)