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 securitization 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. Ltd., a joint venture between the international giant Saudi Basic Industries Corporation (SABIC) and the Chinese party, Fujian Energy and Petrochemical Group Co.. In this deal, Dacheng Law Offices represented more than 10 banks. 

Dacheng Law Offices advised clients in both domestic and overseas IPOs last year. They 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. 

 

Testimonials  

M&A 

“Provided a wide range of professional and efficient legal services, good at putting forward effective solutions from the perspective of customers.” 

“We are very satisfied with the legal service we received from Dacheng Law Offices. After thorough cooperation through the years, we came to realize that Dacheng is more than its massive scale. 

“The diligence and efficiency presented by Dacheng's lawyers are very impressive, Lawyer Chang and her team has a very responsive and communicative mechanism. They truly managed to be informed and cooperative to the change of circumstances at any given moment.” 

 

Feng Qu 

“Frank's team is very professional and efficient, and we hope to have more cooperation opportunities in the future.” 

“As the project leader, Lawyer Qu Feng efficiently organized the work team, was responsible for the entire project progress, cooperated with various intermediary structures, and completed the issuance work.” 

“As the person in charge of the project, Frank coordinated the senior lawyers in the team, actively responded to the work, provided professional and efficient legal services, and actively fought for the interests of clients from the perspective of clients.” 

 

Min Wang 

“As a project attorney, Vicky Wang plays a crucial role in the entire process of the syndicated transaction. She ensures the smooth progress of the project through effective project management and excellent legal expertise.” 

 

Qing Chang 

“Lawyer Chang can provide targeted project plans and supporting legal documents based on the actual situation of the project, while comprehensively considering various aspects such as the timeliness, policies, and operations of new energy development projects, and making reasonable arrangements for its transaction conditions. 

At the same time, Lawyer Chang has excellent coordination skills. While making reasonable concessions in negotiations, she also sets up favorable and customized transaction arrangements for all parties under the premise of legality and compliance.” 

“Lawyer Chang is highly experienced in the field of Construction and Energy, during business negotiation, she can find the most crucial legal point in a very short notice. She is not only good at discovering problems, but also very flexible and creative in finding a solution.” 

 

Key clients 

Key clients of the firm include 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.