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The owner of the project claimed, on malicious grounds, payment from the guarantee bank of approximately RMB1bn (£107m) based on 12 advance payment guarantees and performance guarantees.
Jiang Bin and Zhang Suixia from Dacheng’s Guangzhou office recently advised on the formation of the Guangzhou Sino-Israeli Biotech Industry Venture Investment Fund.
Dacheng Guangzhou lawyers advise Zhongyunchuang Optoelectronic on its NEEQ listing.
Dacheng’s Guangzhou office has advised Bangxin Survey Technology on its NEEQ listing.
Sino-foreign joint venture Gloria Technology has been listed on the NEEQ system.
The editorial office of People’s Court Daily has released a list of ‘2014 Top 10 Civil Cases of People’s Courts’, three of which were represented by attorneys from Dacheng.
On 19 December 2014 BAIC Motor Corporation Ltd was successfully listed on the Hong Kong Stock Exchange and completed an initial public offering, raising $1.5bn (£993.8m).
Dacheng’s antitrust group — led by partners Deng Zhisong and Dai Jianmin — was recently named as a ‘Highly Recommended Antitrust Firm in China by Global Competition Review (GCR) magazine.
Dacheng has been selected to be in the Shanghai High People Court’s second insolvency receivers’ Roster and Class A Official Receivers’ Roster...
National Association of Financial Market Institutional Investors agree registration of medium term notes for China Vanke...
Dacheng team has developed procedures for risk prevention and control for Yunnan Power Grid.
China Development Bank has issued RMB12bn-worth of 2014 CDB tier 2 capital bonds at the interbank bond market.
Huangshi Huibo Material Technology Co has been listed on NEEQ.
Anhui Saunaking has been given the go-ahead to purchase a 100 per cent stake in Shenzhen Josesauna.
Xiamen-based Dacheng team has advised Zeesan Biotech on NEEQ listing.
Dacheng named ‘Excellent IP Service Provider’ for Beijing’s Zhongguancun Science Park.
Dacheng has been named 2014 China VC/PE RMB Fund Raising Legal Advisor of the Year.
Youyou Food recently listed on the National Equities Exchange and Quotations (NEEQ) system.
Dacheng has advised Wuhan Super Gamer Network Technology on its successful listing on the National Equities Exchange and Quotations (NEEQ) system.
Dacheng has assisted Henan Yuhua New Material in gaining approval for the issuance of 2014 SME private placement bonds from the Stock Exchange of Shenzhen.