Top Chinese Law Firms (2025): A Practical Guide for Foreign Investors and Chinese Founders

China’s legal market is one of the world’s largest and most sophisticated. It is anchored by domestic firms that combine scale and specialist depth with cross-border execution capabilities. For Chinese entrepreneurs looking to expand into Europe or international companies looking to invest in China, choosing the right PRC law firm is crucial for ensuring that a transaction proceeds smoothly, survives regulatory scrutiny and remains bankable with lenders and counterparties. This guide introduces a forthcoming overview of the top Chinese law firms, focusing on local champions with a proven track record in capital markets, M&A/private equity, investigations, disputes and arbitration, antitrust, data and cybersecurity, and complex regulatory matters.

Over the past decade, China’s regulatory environment has expanded in scope and sophistication. Dealmakers now have to navigate multi-agency reviews, including competition filings, sector-specific approvals, data and cybersecurity assessments, and clearances for sensitive industries. In disputes, high-value commercial litigation and arbitration often involve parallel proceedings in mainland China, Hong Kong and elsewhere. Enforcement strategy, interim measures and evidence preservation require PRC counsel with the judgement and local credibility to act quickly and persuade. In capital markets, A-share, STAR Market and ChiNext listings, as well as Hong Kong IPOs and red-chip restructurings demand firms that can coordinate the work of companies, sponsors, auditors and regulators under intense pressure regarding disclosure and timetables. Private equity and venture capital transactions, especially in TMT, healthcare, advanced manufacturing and new energy, depend on sector-specific regulatory nuances, IP and data diligence, and achievable post-closing compliance plans.

Market reputation matters, but buyers of legal services should consider more than just brand labels. The most effective PRC counsel pair a partner-led core team with sector-savvy associates, implement efficient work plans and maintain credible relationships with counterparties and authorities. They document risks precisely, propose commercially viable mitigants and sequence filings and deal steps to preserve timeline certainty. For cross-border matters, language proficiency and high-quality drafting remain critical; the best teams produce bilingual deliverables that satisfy international lenders, underwriters and tribunals. Fee models have also evolved: while hourly billing is still common for complex mandates, fixed or capped fees, success-based components and hybrid arrangements can align incentives and provide budget predictability, which is particularly useful for founders and portfolio companies.

Geography still shapes team composition. Beijing has strong capabilities in regulatory, capital markets, and disputes matters, while Shanghai offers premier corporate/M&A, funds, and finance expertise. Shenzhen and Guangzhou provide speed and proximity to supply chain, hardware, and growth equity ecosystems, and there are also strong satellite offices in Chengdu, Hangzhou, Nanjing, Suzhou, Wuhan, and Xi’an, which supply specialist talent and local court experience. Many leading PRC firms now work seamlessly with counsel in Hong Kong, Singapore, London, and Europe on multi-jurisdictional structures, questions of sanctions and export controls, data localisation, and enforcement planning – an essential advantage for transactions crossing borders and regulatory regimes.

The methodology for this guide balances independent directory results and awards with on-the-ground factors such as depth in specialist practices, consistency on high-stakes mandates, a client service culture, drafting quality, negotiation posture, partner stability and the ability to mobilise across offices without losing accountability. The focus is on firms that consistently deliver at the top end of the market, have the necessary scale to support large, time-sensitive projects, and remain responsive to founder-led businesses undergoing rapid growth.

The next section will profile leading PRC law firms, explaining what they are best known for, the typical matters they handle, how their teams are structured and which engagement model tends to work best. For readers planning cross-border investments, listings, joint ventures, sensitive technology deals or complex disputes, these profiles will help them to match their requirements to the right firm, reducing execution risk and preserving timelines while improving their counterparties’ confidence in the outcome. If support is needed to coordinate PRC counsel with European structuring or regulatory workstreams, Regulated United Europe can integrate local Chinese legal teams into EU-facing projects, ensuring that filings, financing and compliance are aligned from day one.

King & Wood Mallesons (KWM) – Overview

King & Wood Mallesons is a leading PRC-headquartered law firm with a nationwide footprint and a reputation for handling complex, time-sensitive matters across China’s key commercial centres. The firm combines in-depth Mainland expertise with seamless coordination across Beijing, Shanghai, Shenzhen/Guangdong, and other regional hubs. This makes it a reliable choice for transactions and disputes requiring simultaneous workstreams, local court familiarity, and multi-agency engagement. For foreign investors entering China and Chinese founders executing cross-border growth, KWM is widely recognised for its ability to translate regulatory requirements into practical, bankable deal structures and litigation strategies.

The firm’s core strengths span corporate and M&A matters, private equity, equity and debt capital markets, banking and finance, antitrust and competition, dispute resolution and international arbitration, and restructuring and insolvency. The firm also has expertise in technology, media and telecoms, data and life sciences. Matters often involve parallel filings and negotiations, such as competition notifications alongside sector approvals, onshore–offshore security packages coordinated with lenders, and arbitration supported by interim relief in mainland courts. KWM’s partner-led teams are accustomed to compressed timetables, intensive disclosure demands and the drafting standards expected by international lenders, sponsors and tribunals. They deliver bilingual work products that stand up to scrutiny across jurisdictions.

In capital markets, the firm advises issuers and underwriters on A-share, STAR Market and ChiNext listings, Hong Kong IPOs and post-listing compliance. The firm coordinates auditors and sponsors while maintaining timetable discipline. In private equity and M&A, KWM acts on growth and control deals in advanced manufacturing, new energy, healthcare, and TMT. The firm places particular emphasis on regulatory mapping, data and cybersecurity assessments, IP diligence, and executable post-closing compliance plans. The disputes practice handles high-value commercial litigation and arbitration involving Mainland–Hong Kong or broader international elements. The team focuses on realistic risk analysis, evidence preservation and enforceability.

Clients value KWM’s ability to mobilise resources across offices without compromising accountability, its familiarity with the documentation standards required for cross-border financing, and its pragmatic engagement model that aligns partner attention with cost predictability. Engagements typically begin with clear sequencing of approvals, filings and counterpart negotiations, followed by disciplined execution and proactive communication around regulatory feedback and closing risks. For organisations seeking reliable PRC counsel with the capacity to support significant matters and the expertise to resolve issues efficiently, King & Wood Mallesons offers a comprehensive platform capable of providing strategic counsel and effective day-to-day execution.

JunHe – Overview

JunHe is a leading PRC-headquartered law firm recognised for its sophisticated corporate and regulatory work, as well as its ability to deliver on complex, multi-jurisdictional mandates. With partner-led teams across China’s major commercial centres, including Beijing, Shanghai, Shenzhen and Guangdong, as well as other regional hubs, JunHe combines national scale with a disciplined execution model that serves both foreign investors entering China and Chinese founders pursuing cross-border growth.

The firm’s core strengths span mergers and acquisitions, private equity and venture capital, equity and debt capital markets, banking and finance, antitrust/competition, dispute resolution and international arbitration, restructuring and insolvency, compliance and investigations, and technology/data-driven sectors such as TMT, life sciences, and advanced manufacturing. Mandates frequently require parallel workstreams, such as competition and sectoral approvals sequenced with deal signings; PRC onshore/offshore structures coordinated with tax and financing considerations; and dispute strategies aligned with enforcement pathways in mainland Chinese courts and international arbitration forums.

In M&A and private equity, JunHe is renowned for its precise regulatory mapping, practical risk allocation and closing timetables that withstand due diligence scrutiny. The practice advises strategic buyers and financial sponsors on growth and control transactions, joint ventures, carve-outs and complex reorganisations, often in sensitive industries where filings and data/cybersecurity assessments must be tightly choreographed. In capital markets, the firm supports issuers and underwriters with A-share and STAR/ChiNext listings, Hong Kong IPOs and follow-on offerings. The firm maintains disclosure quality and coordinates with auditors and sponsors on compressed schedules.

The disputes and investigations teams handle high-value commercial litigation and arbitration involving Mainland–Hong Kong or broader international elements. Matters are approached with a focus on enforceability: evidence preservation, interim measures, asset tracing and realistic settlement options are incorporated into the strategy from the outset. The firm’s compliance and investigations capabilities extend to anti-bribery, sanctions and export controls, data governance, and internal reviews. This provides boards and investors with clear, actionable reporting.

Clients value JunHe’s drafting quality, bilingual delivery and project management discipline. Engagements typically begin with a concise work plan that sequences approvals and filings, assigns accountable leads and sets measurable milestones. Communication is proactive and solutions-oriented, translating regulatory requirements into business-ready steps that counterparties, lenders and supervisory bodies can accept. For organisations seeking PRC counsel with both depth and coordination capability, JunHe offers a platform that balances strategic judgement with efficient day-to-day execution, making it well suited to time-sensitive transactions, complex regulatory landscapes and high-stakes disputes.

Fangda Partners – Overview

Fangda Partners is a leading PRC-headquartered law firm renowned for its top-tier performance in corporate transactions and disputes, and has a strong reputation for precise execution of high-stakes mandates. With partner-led teams in Beijing, Shanghai, Shenzhen/Guangdong, and Hong Kong, the firm combines in-depth Mainland expertise with seamless cross-border coordination. This makes it a reliable choice for foreign investors entering China and Chinese companies looking to grow overseas.

The firm’s core offering includes mergers and acquisitions, private equity and venture capital, equity and debt capital markets, banking and finance, antitrust and competition law, investigations and compliance, dispute resolution and international arbitration, and restructuring and insolvency. The firm also specialises in sector-focused work in TMT, life sciences, advanced manufacturing, and new energy. Transactions commonly involve parallel regulatory tracks, such as competition filings, sectoral approvals, and data and cybersecurity assessments, sequenced against signing and closing milestones. Fangda’s drafting quality and bilingual deliverables are designed to satisfy international lenders, underwriters and tribunals while maintaining timetables under intensive diligence and disclosure demands.

In the capital markets sector, the firm advises issuers and banks on A-share, STAR Market and ChiNext listings, as well as Hong Kong IPOs and follow-on offerings. It coordinates auditors and sponsors while maintaining disclosure discipline. In private equity and M&A, the firm handles growth and control deals, joint ventures and carve-outs. The firm has particular strengths in regulatory mapping, risk allocation and executable post-closing compliance plans. The disputes practice manages complex commercial litigation and arbitration involving Mainland China and Hong Kong, or with a broader international element. The team approaches each matter with enforceability in mind, considering evidence preservation, interim measures, asset tracing and realistic settlement pathways.

Clients value Fangda Partners for their accessibility, stable project management and clear communication with counterparties and regulators. Engagements typically begin with a concise work plan that sequences approvals and filings, assigns accountable leads and sets measurable milestones. This is followed by proactive reporting on regulator feedback and closing risks. For organisations seeking PRC counsel that blends strategic judgement with rigorous day-to-day execution, Fangda Partners offers a platform capable of delivering reliable outcomes across transactions, investigations and high-value disputes.

Zhong Lun Law Firm – Overview

Zhong Lun Law Firm is one of China’s largest full-service legal platforms, combining national scale with specialist depth in corporate transactions, finance, disputes and regulation-intensive industries. With partner-led teams in Beijing, Shanghai, Guangzhou and Shenzhen, as well as other major regional centres, the firm is well-structured to handle mandates that require simultaneous filings, local court engagement and coordination among multiple agencies. Clients – ranging from listed companies and financial institutions to growth-stage innovators – turn to Zhong Lun for execution that is both technically precise and commercially workable within tight timeframes.

The firm’s strength in capital markets covers A-share, STAR Market and ChiNext listings, Hong Kong offerings and follow-on financings. Workstreams are sequenced to maintain disclosure discipline while aligning auditors, sponsors, and regulators, which is critical when deal calendars collide with regulatory review cycles. In banking and finance, Zhong Lun advises lenders and borrowers on syndicated and bilateral facilities, project and infrastructure financing, asset-backed structures and onshore/offshore security packages. The firm pairs high-quality documentation with practical collateral and enforcement analysis.

Zhong Lun’s long-standing leadership in real estate and construction is matched by its robust capability in the infrastructure, energy and new economy sectors. The firm handles development, investment, REITs, leasing, EPC/PPP and disputes with an eye to approvals, land use and zoning, and complex stakeholder arrangements. In dispute resolution and arbitration, the firm manages high-value commercial cases that often involve parallel proceedings in mainland Chinese courts and international forums. The firm emphasises enforceability from the outset through evidence preservation, interim measures and realistic settlement options.

Regulation-heavy mandates are a core focus. Zhong Lun supports clients through antitrust/competition filings and investigations, compliance and internal reviews, and data, cybersecurity, and privacy assessments that must dovetail with transactional steps or product launches. In highly scrutinised sectors such as life sciences and healthcare, TMT, fintech, advanced manufacturing and consumer platforms, Zhong Lun integrates sector regulation with transaction mechanics, post-closing implementation and ongoing reporting. The restructuring and insolvency capabilities complement the disputes and finance benches, providing pragmatic solutions when businesses require assistance with repairing capital structures or navigating distressed assets.

Clients cite several attributes that distinguish Zhong Lun, including bilingual drafting that is well-received by international lenders and counterparties, disciplined project management that keeps the board and deal teams aligned, and a pragmatic negotiation approach that safeguards commercial objectives while maintaining regulatory credibility. Engagements typically begin with a clear plan mapping approvals, filings, counterpart expectations and disclosure milestones, followed by proactive communication as regulators provide feedback or market conditions shift.

For foreign investors entering China and Chinese founders pursuing cross-border growth, Zhong Lun offers a large enough platform to mobilise quickly yet is organised enough to maintain accountability at a partner level. The result is the consistent delivery of high-stakes transactions, complex regulatory matters and disputes, where timing, the quality of documentation and enforceability determine outcomes.

Han Kun Law Offices – Overview

Han Kun Law Offices is a firm headquartered in the PRC that is recognised for its premium execution in technology-driven industries, life sciences, investment funds and complex capital markets mandates. With partner-led teams in Beijing, Shanghai, Shenzhen/Guangdong, and other major commercial centres, the firm combines specialist sector insight with disciplined transaction management. This makes it a strong choice for foreign investors entering China and Chinese founders operating across borders.

A defining strength of the firm is its focus on TMT and data-intensive businesses. The firm advises platforms and software companies on regulatory mapping, data and cybersecurity compliance, cross-border data transfer strategies and product launches that must align with evolving supervision. This regulatory fluency extends to commercial work, including licensing, distribution, monetisation, and IP protection, and is evident in the drafting of documents that satisfy counterparties and lenders accustomed to international standards. In parallel, the life sciences and healthcare team covers clinical and regulatory pathways, market access, IP and licensing, collaboration and joint ventures, strategic M&A and funding rounds. This gives growth companies and investors a cohesive legal approach from R&D through to commercialisation.

Han Kun’s funds practice is a market standout. The team structures onshore and offshore vehicles for venture capital, private equity and RMB funds, manages portfolio investment execution and coordinates exits via trade sales, buybacks or listings. In capital markets, the firm handles A-share, STAR Market and ChiNext offerings, Hong Kong IPOs and follow-on transactions. The firm aligns auditors and sponsors while ensuring that disclosure quality and timetables are met. For cross-border mandates, the firm’s bilingual work product and partner attention help to preserve momentum throughout regulatory reviews, financing conditions and investor due diligence.

Han Kun’s dispute resolution team focuses on high-value commercial litigation and arbitration involving Mainland–Hong Kong or wider international elements. The firm’s strategy is built around enforceability, with evidence preservation, interim measures, asset tracing and practical settlement options being assessed from the outset. The firm’s compliance and investigations team supports boards and investors with anti-bribery, sanctions and export controls, internal reviews and remediation plans that are credible to regulators and counterparties.

Clients frequently highlight three key attributes: sector expertise that delivers practical solutions in real product and operating environments; high-quality drafting that transcends jurisdictions and satisfies international stakeholders; and robust project management that ensures accountability at partner level throughout the approval, filing and negotiation process. Engagements typically begin with a concise plan mapping regulatory checkpoints, deal milestones and dependencies among auditors, sponsors and counterparties. This is followed by proactive communication as conditions change or supervisors provide feedback.

Han Kun Law Offices offers a platform that pairs specialist depth with reliable execution for organisations operating at the intersection of technology, healthcare innovation, finance and international capital. The result is the consistent delivery of transactions, regulatory matters and disputes, where timing, documentation standards and enforceability determine commercial outcomes.

Jingtian & Gongcheng – Overview

Jingtian & Gongcheng is a firm headquartered in the PRC with a broad range of corporate capabilities and a sustained track record in equity and debt capital markets, private equity and M&A, finance, and complex disputes. With partner-led teams in Beijing, Shanghai, Shenzhen/Guangdong, and other commercial centres, the firm is well-placed to handle mandates requiring simultaneous regulatory workstreams, disciplined disclosure, and credible engagement with counterparties and supervisory bodies. Foreign investors entering China and Chinese founders pursuing cross-border growth often choose Jingtian & Gongcheng for high-quality drafting, control of timetables, and the ability to translate regulatory requirements into practical transaction processes.

A core strength is capital markets. The firm advises issuers and underwriters on A-share, STAR Market and ChiNext IPOs, Hong Kong offerings and ongoing compliance, coordinating sponsors and auditors under compressed schedules. In the debt sector, the firm covers domestic bonds, Panda bonds, ABS and structured financing, emphasising prospectus discipline, covenant architecture and investor communications that can withstand market volatility. This market-facing experience is complemented by a private equity and M&A team that handles growth and control deals, joint ventures, carve-outs and restructurings in the advanced manufacturing, new energy, TMT, healthcare and consumer sectors. Regulatory mapping – competition filings, sector approvals, and data and cybersecurity checkpoints – is sequenced against signing and closing milestones so that deal timelines remain predictable. Jingtian & Gongcheng’s dispute resolution practice continues to grow in complexity and scale. The team manages high-value commercial litigation and arbitration, often involving Mainland–Hong Kong or wider international elements. The strategy is structured around enforceability: evidence preservation, interim measures, asset tracing and realistic settlement options are assessed from the outset. For clients facing parallel regulatory scrutiny, the disputes team collaborates with compliance specialists to maintain consistent positions throughout proceedings and communications. The restructuring and insolvency team provides practical solutions when businesses need to repair capital structures or manage distressed assets connected to financing documentation or supplier networks. The firm’s finance practice supports lenders and borrowers with bilateral and syndicated loans, acquisition finance, project and infrastructure finance, and onshore and offshore security packages. Documentation is paired with pragmatic collateral analysis and enforcement pathways, providing banks and corporations with clarity on remedies before execution risk arises. In the area of compliance and investigations, Jingtian & Gongcheng provides advice on anti-bribery measures, internal controls, sanctions and export controls, and data governance. The firm produces reports that boards and investors can rely on for remediation and disclosure purposes. Sector-focused teams in life sciences, healthcare, TMT (technology, media and telecommunications) and consumer goods integrate regulatory nuances with IP (intellectual property), data and advertising rules, ensuring that product launches and marketing practices align with evolving supervision.

Clients often cite three attributes that set the firm apart. Firstly, the quality of the firm’s drafting, which is easily understood by international lenders, underwriters and tribunals, reduces iteration cycles and preserves momentum. Secondly, they value the firm’s project management discipline, which involves creating a clear plan that maps approvals, filings and counterpart dependencies, with accountable leads and measurable milestones. Thirdly, they value the firm’s balanced negotiation posture, which protects commercial objectives while maintaining credibility with regulators and market participants. Reforms to governance and partner development in recent years have reinforced the consistency of delivery across offices, enabling larger, multi-track mandates to be carried out without accountability being lost at partner level.

Engagements typically begin with a concise scoping note that sequences regulatory checkpoints, disclosure milestones, and transaction mechanics. The firm then aligns audit and sponsor workflows, coordinates workstreams among financing parties and maintains proactive communication as regulators provide feedback or market conditions change. For organisations seeking PRC counsel capable of handling the intensity of capital markets, complex corporate transactions and high-stakes disputes within tight timetables, Jingtian & Gongcheng offers a comprehensive platform that combines strategic judgement with reliable day-to-day execution, producing bankable, audit-ready and enforceable outcomes.

Haiwen & Partners – Overview

Haiwen & Partners is a PRC-headquartered firm with an elite corporate pedigree and a reputation for delivering partner-led advice on complex, high-value transactions and disputes. Often described as a ’boutique at scale’, the firm has compact, senior-heavy teams in Beijing, Shanghai and Shenzhen/Guangdong that stay close to the issues that drive outcomes, such as valuation, disclosure, regulatory approvals, financing conditions and enforceability. This model is well-suited to mandates where precision is more important than manpower, such as top-tier M&A and private equity deals, major capital markets offerings, sensitive restructurings and disputes requiring coordinated strategy across mainland proceedings and international arbitration.

A defining strength is public and private M&A. Haiwen & Partners advises strategic acquirers, financial sponsors, and listed companies on growth and control transactions, take-privates, red-chip restructurings, joint ventures, carve-outs, and asset swaps. Work plans typically sequence competition filings, sector approvals, national-security or sensitive-industry clearances, and data/cybersecurity checkpoints against signing and closing milestones. The firm’s drafting is concise and negotiated from first principles – purchase agreements and shareholder arrangements are clear to boards, lenders, and courts – reducing iteration cycles and preserving timetable certainty. For founder-led or sponsor-backed clients, the personal attention of a partner ensures that risk allocation, earn-outs, retention and governance mechanics remain executable post-closing. In the capital markets sector, Haiwen & Partners is recognised for its work on high-stakes equity and debt: A-share, STAR Market and ChiNext IPOs, Hong Kong listings, and complex follow-ons and block trades. Issuer and underwriter mandates are completed within tight timeframes, with rigorous disclosure and coordinated auditor and sponsor engagement. In the debt market, the firm provides counsel on domestic bonds, ABS and structured financing, balancing covenants and investor protections with commercial flexibility. The firm’s transaction teams anticipate investor questions early on, such as those relating to use of proceeds, related-party transactions, revenue recognition and regulatory sensitivities, so that offering documents can withstand scrutiny during price discovery and regulatory review.

The finance practice supports bilateral and syndicated lending, acquisition finance, margin loans and onshore and offshore security packages. Lender and borrower documentation is paired with pragmatic collateral analysis and enforcement mapping, providing counterparties with clarity on remedies well before execution risk arises. When capital structures are under strain, Haiwen & Partners coordinates restructuring and insolvency options, such as consensual amendments, exchange offers, liability management exercises or court-supervised processes, all of which are aligned with disclosure and market communications strategies that protect enterprise value.

Dispute resolution and international arbitration at Haiwen & Partners emphasise enforceability. The firm manages high-value commercial cases that often feature Mainland–Hong Kong or broader international elements. These cases incorporate evidence preservation, interim measures, asset tracing and settlement pathways from the outset. Advocacy and strategy are led by partners, with pleadings and submissions calibrated for credibility with tribunals and courts and consistency with parallel regulatory or financing processes. For investigations and compliance matters, the team handles anti-bribery, internal controls, sanctions and export controls, and data governance. They deliver reports and remediation plans that boards and investors can implement without ambiguity. Sector fluency underpins delivery. The firm is active in advanced manufacturing, new energy, semiconductors and hardware, healthcare and life sciences, consumer platforms, and financial services/fintech. Transactions in these industries require sensitivity to technology transfer, supply-chain security, market access, pricing and reimbursement (in the case of healthcare), and data and cybersecurity obligations. Haiwen & Partners integrates these considerations into term sheets and conditions precedent, providing regulators, lenders and counterparties with a credible path to closing and sustained compliance after implementation. Clients highlight three attributes that set the firm apart. Firstly, partner density: senior lawyers stay engaged throughout, producing clear documents and conducting decisive negotiations. Secondly, they appreciate the firm’s commitment to meeting deadlines, with regulatory checkpoints, disclosure milestones, and financing conditions sequenced to preserve momentum under diligence pressure. Thirdly, the quality of bilingual drafting – agreements, prospectuses and submissions are clear to international stakeholders, reducing the risk of translation and the need for rework with auditors, sponsors and tribunals.

Engagements typically begin with a concise issues memo identifying gating items, allocating responsibilities, and setting measurable milestones. As regulators provide feedback or market conditions shift, Haiwen & Partners updates the strategy and communications without diluting the accountability of the partners. For foreign investors entering China and Chinese founders pursuing cross-border growth, the firm offers a platform that blends strategic judgement with precise execution, which is well suited to mandates where clarity, speed and enforceability determine success.

In short, Haiwen & Partners delivers a boutique-style focus with a national reach, offering lean teams, senior attention and documents that stand up to investors, supervisors, banks and courts. For top-tier M&A, capital markets, finance, restructurings and complex disputes, this combination of factors produces bankable, audit-ready and durable outcomes time and time again.

Commerce & Finance Law Offices – Overview

Commerce & Finance Law Offices is a PRC-headquartered firm widely regarded as a capital-markets powerhouse, with an expanding capability in cross-border disputes, compliance and investigations, private equity and M&A, and finance. With partner-led teams in Beijing, Shanghai, Shenzhen/Guangdong, and other commercial centres, the firm is structured to deliver transactions and contentious matters that demand disciplined disclosure, precise regulatory sequencing, and credible engagement with sponsors, auditors, banks, and supervisory bodies. For foreign investors entering China and Chinese founders operating across borders, Commerce & Finance offers the combination of scale, drafting quality and timetable control that high-stakes mandates require.

A defining strength is equity and debt capital markets. The practice advises issuers and underwriters on A-share, STAR Market and ChiNext IPOs, Hong Kong listings and follow-on offerings. They maintain rigorous prospectus standards and coordinate multi-party workstreams under compressed deadlines. In the debt sector, the firm provides counsel on domestic bonds, asset-backed securities, and structured financings, aligning covenant architecture and investor communications with market conditions. Deal teams anticipate areas of focus for regulators and investors-related-party transactions, use of proceeds, VIE or red-chip considerations, and data and cybersecurity sensitivities-ensuring that offering documents and verification files withstand scrutiny during price discovery and review.

In private equity and M&A, the firm represents financial sponsors, strategic acquirers and listed companies in growth and control deals, joint ventures, carve-outs and restructurings. Mandates often involve parallel approval tracks, with antitrust filings, sector-specific permissions and data/cybersecurity checkpoints sequenced against signing and closing milestones to preserve timeline certainty. Term sheets and definitive agreements reflect pragmatic risk allocation – conditions precedent, earn-outs, retention and governance mechanics are drafted for execution and post-closing operability rather than theory. The firm’s dispute resolution and arbitration capabilities have expanded alongside its transactional bench. The firm handles high-value commercial litigation and international arbitration, frequently involving Mainland–Hong Kong elements. The firm focuses on enforceability from the outset. The strategy integrates evidence preservation, interim measures, asset tracing, and realistic settlement pathways, while staying consistent with any parallel regulatory or financing processes. This approach enables boards and lenders to clearly evaluate dispute risk while deals or refinancings are in progress. Compliance and investigations are a growing pillar of the firm’s work. Our teams advise on anti-bribery and internal controls, sanctions and export controls, data governance and cybersecurity, and regulatory inquiries. They produce reports and remediation plans that can be relied upon by boards, investors and counterparties. For clients in the technology, healthcare, advanced manufacturing and consumer platform sectors, Commerce & Finance integrates sector regulations with transaction mechanics and product launch timelines to avoid misalignment between legal obligations and commercial objectives. In banking and finance, the firm advises lenders and borrowers on bilateral and syndicated facilities, acquisition finance, margin and structured lending, as well as onshore and offshore security packages. Realistic collateral analysis and enforcement mapping are paired with documentation, giving parties clarity on remedies and reducing execution risk in volatile markets. Restructuring and liability management support provides solutions when capital structures require adjustment, aligning creditor negotiations with disclosure and communication strategies. Clients consistently cite three attributes. Firstly, they appreciate the firm’s commitment to disclosure discipline and the quality of its drafting, which resonates well with international lenders, underwriters and tribunals – reducing iteration cycles and protecting timetables. Secondly, they value the project management rigour that maps approvals, filings and counterpart dependencies with accountable leads and measurable milestones. Thirdly, they value our balanced negotiation posture, which protects commercial outcomes without sacrificing regulatory credibility or market acceptance. The partnership’s steady lateral growth and internal promotions have increased coverage while maintaining accountability at partner level on live matters.

Engagements typically begin with a concise scoping note identifying gating issues such as competition and sector approvals, data and cybersecurity reviews, audits and sponsor touchpoints, and sequencing them against transaction or litigation milestones. Communication with clients and counterparties is proactive and solution-oriented, adapting to regulatory feedback and market movements without losing control of the timetable. For organisations seeking PRC counsel capable of delivering capital markets intensity alongside complex corporate, dispute and compliance mandates, Commerce & Finance Law Offices offers a platform that consistently produces bankable, audit-ready and enforceable outcomes.

Tian Yuan Law Firm – Overview

Tian Yuan Law Firm is a full-service PRC-headquartered practice recognised for its expertise in advanced manufacturing, new energy, AI and digital industries, and healthcare – fields where regulatory nuance, disclosure discipline and technological proficiency directly impact execution. With partner-led teams in Beijing, Shanghai, Shenzhen/Guangdong, and other commercial hubs, the firm is organised to handle mandates requiring simultaneous filings, intensive verification, and credible engagement with sponsors, auditors, lenders, counterparties, and supervisory bodies. Foreign investors entering China and Chinese founders pursuing cross-border growth often choose Tian Yuan for its high-quality drafting, timetable management and sector-specific advice, which translates complex rules into practical transaction mechanics.

A defining strength is equity and debt capital markets. Tian Yuan advises issuers and underwriters on A-share, STAR Market and ChiNext IPOs, Hong Kong listings and follow-on offerings. The firm sequences prospectus drafting, auditor and sponsor coordination and regulatory review under compressed calendars. The firm’s offering documents reflect disciplined disclosure on the use of proceeds, related-party transactions, revenue recognition and industry-specific sensitivities, ranging from clinical and market access issues in healthcare to cybersecurity and data governance checkpoints for AI and software platforms. In the debt sector, the firm’s work covers domestic bonds, ABS and structured products, aligning covenant architecture and investor communications with current market demand. In private equity and M&A, Tian Yuan represents financial sponsors, strategic acquirers and listed companies in growth and control deals, joint ventures, carve-outs and restructurings. Transactions are planned around parallel approval tracks, with antitrust filings, sector permissions, national-security or sensitive-industry clearances and data/cybersecurity reviews sequenced against signing and closing milestones to preserve certainty. Term sheets and definitive agreements are negotiated from first principles – conditions precedent, earn-outs, retention, IP and data protections, and governance mechanics are drafted for operability post-closing, not just theoretical coverage. The banking and finance team supports lenders and borrowers with syndicated and bilateral facilities, acquisition finance, project and infrastructure finance, and onshore and offshore security packages. Documentation is paired with pragmatic collateral and enforcement analysis, providing counterparties with clear remedies and reducing execution risk in volatile markets. When capital structures require repair, Tian Yuan’s restructuring and insolvency teams coordinate liability management exercises, exchange offers, consensual amendments and court-supervised options. They maintain alignment with disclosure duties and market communications to protect enterprise value. Our dispute resolution and international arbitration practice handles high-value commercial cases, often involving Mainland–Hong Kong or broader international elements. Enforceability is considered from the outset, with strategy built around evidence preservation, interim measures, asset tracing and realistic settlement pathways, alongside any parallel regulatory or financing processes. In the area of investigations and compliance, the firm advises on anti-bribery and internal controls, sanctions and export controls, and data and cybersecurity governance. The firm produces reports and remediation plans that can be acted upon by boards, investors and counterparties without ambiguity.

Sector fluency drives delivery. In advanced manufacturing and new energy, teams address technology transfer concerns, supply chain security and subsidy and licensing frameworks that influence feasibility and timing. In AI and digital platforms, counsel covers algorithmic accountability, data localisation, cross-border transfers and product launch compliance. These constraints are integrated directly into product terms, consents and vendor agreements. In life sciences and healthcare, mandates span clinical and regulatory pathways, IP and licensing, collaboration agreements, pricing and reimbursement, and capital markets and M&A steps tied to those milestones.

Clients consistently identify three key differentiators. Firstly, the quality of bilingual drafting that is recognised by international lenders, underwriters and tribunals, which cuts translation risk and iteration cycles. Secondly, there is project management discipline in the form of clear work plans mapping approvals, filings, disclosure milestones and counterpart dependencies, with accountable leads and measurable checkpoints. Thirdly, they value our balanced negotiation approach, which protects commercial outcomes without compromising regulatory credibility. The breadth of the partnership, covering more than twenty core practice areas, allows the firm to mobilise specialist support without diluting accountability at partner level.

Engagements typically begin with a concise scoping note that identifies critical issues, allocates responsibilities and sequences regulatory and transactional processes to maintain control of the timetable. As supervisors provide feedback or market conditions shift, Tian Yuan adjusts its strategy and communications while preserving the record that banks, sponsors and auditors expect. For organisations seeking PRC counsel capable of delivering capital markets intensity alongside complex mandates in corporate, finance, compliance and disputes, particularly in technology- and science-driven sectors, Tian Yuan Law Firm offers a platform that pairs strategic judgement with reliable execution, producing bankable, audit-ready and enforceable outcomes.

AllBright Law Offices – Overview

AllBright Law Offices is a full-service PRC firm known for its high IPO volume, broad national footprint and balanced capability across corporate transactions, disputes, restructuring and tax. With partner-led teams in Beijing, Shanghai and Shenzhen/Guangdong, as well as an extensive network of regional offices, the firm is organised to run multiple workstreams in parallel, such as prospectus drafting, regulatory filings, audit and sponsor coordination, financing negotiations and dispute-risk assessment, without losing accountability at partner level. Foreign investors entering China and Chinese founders pursuing cross-border growth often choose AllBright for its timetable discipline, drafting quality and ability to translate complex regulations into practical deal structures under market pressure.

A defining strength is equity capital markets. AllBright advises issuers and underwriters on A-share, STAR Market and ChiNext IPOs, Hong Kong listings and follow-on offerings. Teams sequence verification, disclosure, auditor and sponsor engagement, and regulator dialogue on compressed schedules while maintaining prospectus discipline around the use of proceeds, related-party transactions, revenue recognition and VIE/red-chip issues, where relevant, as well as industry-specific sensitivities, such as data and cybersecurity, clinical and market access matters in healthcare or technology export constraints in advanced manufacturing. In the debt sector, the firm provides counsel on domestic bonds, ABS and structured products, calibrating covenant packages and investor communications in line with market demand. In private equity and M&A, AllBright represents financial sponsors, strategic buyers and listed companies in growth and control transactions, joint ventures, carve-outs, restructurings and public company deals. Transactions are planned around parallel approval tracks, such as antitrust filings, sector permissions, national security or sensitive industry clearances, and data/cybersecurity checkpoints, sequenced against signing and closing milestones to preserve certainty. Term sheets and definitive agreements are negotiated from first principles, with conditions precedent, earn-outs, retention, IP and data protections, and governance mechanics drafted for post-closing operability rather than theoretical coverage.

The firm’s dispute resolution and international arbitration practice manages high-value commercial cases that frequently involve Mainland–Hong Kong or broader international elements. Strategy is framed around enforceability: evidence preservation, interim measures, asset tracing and practical settlement pathways are considered from the outset. Where disputes intersect with financing or regulatory proceedings, litigation strategy is aligned with disclosure and communications to ensure that boards, lenders, and supervisors receive consistent and credible information. The restructuring and insolvency team complements this offering, providing consensual amendments, exchange offers, liability management exercises and court-supervised options that are aligned with market communications and protect enterprise value. AllBright’s tax practice works closely with transactions and disputes teams to advise on structuring, indirect taxes, transfer pricing and controversy management. This enables transaction teams to deliver execution-ready documents that anticipate tax authority scrutiny and minimise post-closing surprises. The firm’s compliance and investigations lawyers advise on anti-bribery and internal controls, sanctions and export controls, and data governance frameworks. They produce board-level reports and remediation plans that counterparties and regulators can accept. Sector coverage spans advanced manufacturing, new energy, life sciences and healthcare, consumer and retail, logistics, and platform/TMT. Dedicated groups fold sector-specific regulations directly into term sheets, product terms, and operational playbooks.

Clients consistently cite three differentiators. Firstly, they appreciate the bilingual drafting that travels well – prospectuses, agreements, pleadings and board papers are clear to international lenders, underwriters, investors and tribunals alike, which shortens iteration cycles. Secondly, they value the firm’s project management discipline, which involves creating work plans that map out approvals, filings, disclosure milestones and counterpart dependencies, with accountable leads and measurable checkpoints. Thirdly, they value the firm’s balanced negotiation posture, which protects commercial outcomes without sacrificing regulatory credibility or market acceptance. The firm’s national coverage enables rapid mobilisation in provincial hubs while maintaining central oversight from major commercial centres – a practical advantage for listings, supply-chain M&A and disputes requiring local court engagement.

Engagements typically begin with a concise scoping note that identifies key items such as competition and sector approvals, data and cybersecurity reviews, tax structuring, and audit and sponsor touchpoints, and sequences these against transaction or litigation milestones. Communication is proactive and solutions-oriented when regulators provide feedback or market conditions change. For organisations seeking PRC counsel capable of handling capital markets alongside complex mandates in corporate law, dispute resolution, restructuring and tax, AllBright Law Offices offers a platform that consistently delivers bankable, audit-ready and enforceable outcomes.

DeHeng Law Offices – Overview

DeHeng Law Offices is a full-service firm headquartered in the PRC with one of China’s largest national footprints and a long-standing reputation in domestic capital markets, banking and finance, and complex corporate mandates. Partner-led teams operate from Beijing, Shanghai, Shenzhen and Guangdong, as well as from a wide network of regional offices. This allows for rapid mobilisation across multiple cities and regulators – a practical advantage for IPOs, bond and ABS issuances, large-scale financing and disputes requiring local court engagement. Foreign investors entering China and Chinese founders executing cross-border growth often choose DeHeng for its size, the quality of its drafting, and its reliable management of transaction timetables, which must meet rigorous disclosure and verification standards.

A defining strength is equity and debt capital markets. The firm advises issuers and underwriters on A-share, STAR Market and ChiNext listings, Hong Kong offerings and follow-on transactions. It maintains prospectus discipline and coordinates sponsors and auditors under compressed calendars. In the debt sector, DeHeng is active in the areas of corporate bonds, asset-backed securities and structured products. The firm aligns covenant architecture and investor communications with market appetite, while also anticipating regulatory focus on related-party dealings, use of proceeds and continuous disclosure controls. Offering documents are produced to withstand due diligence and review cycles, ensuring certainty of execution during volatile periods.

In banking and finance, DeHeng advises lenders and borrowers on syndicated and bilateral facilities, acquisition finance, project and infrastructure finance, and onshore and offshore security packages. Documentation is paired with pragmatic collateral analysis and enforcement mapping, ensuring that counterparties understand the available remedies before any execution risk arises. Treasury and intercreditor issues are addressed early on, reducing friction in restructurings or refinancings further down the line. For state-linked projects and public-private partnerships, the firm integrates procurement, concession and administrative law considerations into financing timetables and disclosure. The corporate and M&A/private equity team handles growth and control deals, joint ventures, carve-outs and reorganisations in sectors such as advanced manufacturing, new energy, healthcare, consumer goods, logistics and platform technology. Transactions are planned around parallel approval tracks, with antitrust filings, sector permissions, national-security or sensitive-industry clearances, and data/cybersecurity checkpoints sequenced against signing and closing milestones to preserve certainty. Term sheets and definitive agreements reflect executable risk allocation, including conditions precedent, earn-outs, retention, governance mechanics, IP and data protections, and are drafted for post-closing operability rather than theoretical coverage. DeHeng’s dispute resolution and international arbitration practice manages high-value commercial cases, frequently involving Mainland–Hong Kong or wider cross-border elements. The strategy is built around enforceability from the outset, with evidence preservation, interim measures, asset tracing and realistic settlement pathways considered in parallel with any regulatory or financing processes. Where litigation intersects with market-facing transactions, pleadings and communications are calibrated to maintain consistent disclosure and financing lines, thereby protecting credibility with lenders, investors, and supervisors. Our restructuring and insolvency capabilities provide practical solutions such as consensual amendments, exchange offers, liability management exercises and court-supervised procedures, all of which are aligned with market communications to safeguard enterprise value.

Compliance and investigations form a complementary pillar. The teams advise on anti-bribery and internal controls, sanctions and export controls, data governance and cybersecurity, and regulatory inquiries. They deliver board-level reports and remediation plans that counterparties and regulators can accept. For clients in regulated or technology-intensive sectors, such as energy and infrastructure, automotive and advanced manufacturing, life sciences and healthcare, and fintech and platform businesses, the firm integrates sector regulation with transaction mechanics and product-launch timelines, ensuring that legal obligations and commercial objectives remain aligned.

Clients consistently identify three key differentiators. Firstly, they value national reach with local execution, which is enabled by a broad office network that facilitates simultaneous filings and court appearances without diluting accountability at partner level. Secondly, they value bilingual drafting that travels well: prospectuses, agreements and submissions that are clear and concise for international lenders, underwriters, tribunals and audit committees, reducing the need for iterations. Thirdly, they value the firm’s project management discipline, which involves creating clear work plans that map out approvals, filings, disclosure milestones and counterpart dependencies, setting measurable checkpoints and facilitating proactive communication as regulators provide feedback or market conditions shift.

Engagements typically begin with a concise scoping note that identifies gating items, such as competition and sector approvals, data and cybersecurity reviews, audit and sponsor touchpoints, and collateral and covenant design, and sequences them against transaction or litigation milestones. As projects progress, DeHeng provides predictable reporting to boards and deal teams, adapting to regulatory comments or market volatility as necessary. For organisations seeking PRC counsel capable of delivering capital markets intensity alongside complex mandates in corporate, finance, compliance, restructuring and disputes, DeHeng Law Offices offers a platform that consistently produces bankable, audit-ready and enforceable outcomes.

Global Law Office – Overview

Global Law Office is a PRC-headquartered, full-service firm recognised for its balanced strength in both transactions and disputes, particularly in cross-border mandates. Partner-led teams in Beijing, Shanghai, Shenzhen/Guangdong, and other commercial centres enable the firm to run simultaneous workstreams – regulatory filings, due diligence, financing, and litigation strategy – under compressed timetables, while maintaining accountability at a senior level. Foreign investors entering China and Chinese founders pursuing outbound growth frequently select Global Law Office for its ability to deliver quality work, predictable execution and the capacity to translate complex regulations into workable deal mechanics that are accepted by lenders, sponsors, regulators and tribunals.

The corporate bench covers mergers and acquisitions, private equity and venture capital, joint ventures, carve-outs and reorganisations in sectors including advanced manufacturing, new energy, healthcare and life sciences, consumer and retail, logistics and supply chains, and platforms/TMT. Transactions are sequenced around multi-agency approvals, with antitrust filings, sector permissions, national-security or sensitive-industry clearances and data/cybersecurity checkpoints mapped to signing and closing milestones to ensure timetables remain credible. Term sheets and definitive agreements are negotiated from first principles – conditions precedent, earn-outs, retention and incentive mechanics, IP and data protections, and governance frameworks are drafted for post-closing operability rather than theoretical coverage. In capital markets, the firm advises issuers and underwriters on A-share, STAR Market and ChiNext IPOs, Hong Kong listings and follow-on offerings. Prospectus drafting and verification run in parallel with auditor and sponsor coordination to maintain disclosure discipline regarding use of proceeds, related-party transactions, revenue recognition and industry-specific sensitivities. In the debt sector, Global Law Office specialises in corporate bonds, ABS and structured products, calibrating covenant packages and investor communications according to market conditions and regulatory focus. The banking and finance capabilities include bilateral and syndicated lending, acquisition finance, project and infrastructure finance, margin and structured lending, and onshore and offshore security packages. Documentation is paired with pragmatic collateral and enforcement analysis, ensuring that counterparties understand the available remedies before execution risk emerges. Clients facing capital-structure stress can rely on the restructuring and insolvency teams to coordinate liability-management exercises, exchange offers, consensual amendments and court-supervised options. These teams align disclosures and market communications to protect enterprise value. Our dispute resolution and international arbitration practice handles high-value commercial cases involving Mainland–Hong Kong or broader international elements. The strategy is designed around enforceability from the outset, with evidence preservation, interim measures, asset tracing and realistic settlement pathways integrated with any parallel regulatory or financing processes. Submissions are calibrated for credibility with tribunals and courts, as well as for consistency with disclosures to investors and lenders.

Compliance and regulatory work is a complementary pillar. Our teams advise on anti-bribery and internal controls, sanctions and export controls, data governance and cybersecurity, antitrust investigations and regulatory inquiries. We deliver board-level reports and remediation plans that counterparties and supervisors can accept. Sector groups incorporate regulatory nuances directly into term sheets, product terms and operating playbooks, ensuring that legal obligations and commercial objectives remain aligned at launch and during scaling up. Clients consistently cite three differentiators. Firstly, they value the ability to produce bilingual documents that can be easily understood by international lenders, underwriters, investors, and tribunals, thereby reducing the need for multiple iterations. Secondly, they value project management discipline, with clear work plans mapping approvals, filings, disclosure milestones and counterpart dependencies, with accountable leads and measurable checkpoints. Thirdly, they value our balanced negotiation posture, which protects commercial outcomes without sacrificing regulatory credibility or market acceptance. The firm’s national coverage enables rapid mobilisation in provincial hubs while maintaining central oversight from major commercial centres – a practical advantage for listings, supply-chain transactions and disputes requiring local court engagement.

Engagements typically begin with a concise scoping note that identifies gating items, such as competition and sector approvals, data and cybersecurity reviews, audit and sponsor touchpoints, and collateral and covenant design, and sequences them against transaction or litigation milestones. Communication remains proactive and solutions-oriented as regulators provide feedback or market conditions shift. For organisations seeking PRC counsel capable of handling capital markets alongside complex mandates in corporate, finance, compliance, restructuring and disputes, Global Law Office offers a platform that consistently produces bankable, audit-ready and enforceable outcomes.

Grandall Law Firm is a full-service PRC-headquartered platform known for its nationwide scale, steady equity capital markets deal flow, and its depth of expertise in real estate, finance, and corporate transactions. With partner-led teams in Beijing, Shanghai and Shenzhen/Guangdong, as well as an extensive network of regional offices, the firm is well-placed to handle mandates that require simultaneous filings and court engagements across multiple cities. This footprint provides a practical advantage to issuers, listed companies, financial institutions and growth-stage enterprises that require consistent documentation standards and reliable timetable control amid intense disclosure and verification pressures.

A defining strength is equity capital markets. Grandall advises issuers and underwriters on A-share, STAR Market, and ChiNext IPOs; Hong Kong listings; and follow-on offerings. Workstreams are sequenced to maintain prospectus discipline while coordinating with sponsors, auditors and regulators on tight schedules. Offering documents address recurring focus areas such as use of proceeds, related-party transactions, revenue recognition, VIE/red-chip considerations where relevant and sector-specific sensitivities such as data and cybersecurity or pricing and reimbursement in healthcare, ensuring that verification files withstand diligence sprints and review cycles. The debt practice complements this with corporate bonds, ABS and structured financing, calibrating covenant architecture and investor communications to prevailing market appetite. Grandall’s historic leadership in real estate and construction remains a key differentiator. The firm handles development and investment projects, REITs, leasing and asset management, EPC/PPP arrangements and related disputes. Teams integrate approvals, land use and zoning requirements, environmental and safety considerations, and financing mechanics into transaction timetables, producing documentation that lenders and counterparties can act on. For large-scale infrastructure and urban renewal projects, the practice aligns administrative law considerations and concession frameworks with bankability requirements and disclosure duties. The corporate/M&A and private equity team advises strategic buyers, financial sponsors and listed companies on growth and control transactions, joint ventures, carve-outs and reorganisations in the advanced manufacturing, new energy, consumer and retail, logistics and supply chain, and platform/TMT sectors. Transactions are planned around parallel approvals: antitrust filings, sector permissions, national security or sensitive industry clearances, and data/cybersecurity checkpoints are mapped to signing and closing milestones to preserve certainty. Term sheets and definitive agreements reflect executable risk allocation, including conditions precedent, earn-outs, retention and incentive mechanisms, IP and data protections, and governance frameworks, all of which are drafted for post-closing operability rather than theoretical coverage.

In banking and finance, Grandall advises lenders and borrowers on syndicated and bilateral facilities, acquisition finance, project and infrastructure finance, margin and structured lending, and onshore and offshore security packages. Documentation is paired with pragmatic collateral analysis and enforcement mapping, ensuring that counterparties understand the available remedies before execution risk emerges. Treasury, intercreditor and covenant design issues are addressed early on to reduce friction during restructurings or refinancings further down the line. When capital structures are under stress, the restructuring and insolvency teams coordinate liability management exercises, exchange offers, consensual amendments and court-supervised options. They align creditor negotiations with disclosure and market communications strategies to protect enterprise value.

The dispute resolution and international arbitration practice handles high-value commercial cases, frequently with Mainland–Hong Kong or broader international elements. From the outset, strategy is built around enforceability: evidence preservation, interim measures, asset tracing and realistic settlement pathways are considered alongside any regulatory or financing processes. Submissions are calibrated for credibility with tribunals and courts, as well as for consistency with disclosures to investors and lenders. Sector-focused litigators work closely with transactional teams where disputes intersect with listing rules, continuous disclosure obligations or financing covenants. Compliance and investigations form a complementary pillar. Grandall provides advice on anti-bribery and internal controls, sanctions and export controls, data governance and cybersecurity, and regulatory inquiries. The company produces board-level reports and remediation plans that counterparties and supervisors can accept. In regulated and technology-intensive sectors such as life sciences and healthcare, energy and infrastructure, advanced manufacturing, logistics and platform businesses, sector regulation is embedded directly into term sheets, product terms and operating playbooks, ensuring that legal obligations and commercial objectives remain aligned at launch and during scaling up. Clients consistently cite three differentiators. Firstly, they value provincial coverage with central quality – a broad office network enables filings, verifications and local court work to proceed in parallel without losing accountability at partner level. Secondly, they value bilingual drafting that travels: prospectuses, agreements and pleadings are clear to international lenders, underwriters, investors and tribunals, which shortens iteration cycles. Thirdly, there is project management discipline: clear work plans map out approvals, filings, disclosure milestones and counterpart dependencies, with measurable checkpoints and proactive communication as regulators provide feedback or market conditions shift. Engagements typically begin with a concise scoping note that identifies gating items, such as competition and sector approvals, data and cybersecurity reviews, audit and sponsor touchpoints, and collateral and covenant design, and sequences them against transaction or litigation milestones. As projects progress, reporting remains consistent for boards and deal teams, while strategies can be adjusted in response to regulatory comments or market volatility. Organisations seeking PRC counsel that combines national scale with reliable, partner-led execution across ECM, real estate, finance, corporate transactions, compliance and disputes can rely on Grandall Law Firm to produce bankable, audit-ready and enforceable outcomes consistently.

AnJie Broad Law Firm is a PRC-headquartered practice recognised for its expertise in insurance, antitrust/competition, intellectual property and regulatory compliance, and it is rapidly expanding its capabilities in corporate/M&A and dispute resolution. Partner-led teams operate from Beijing, Shanghai, Shenzhen/Guangdong, and other regional centres. This positions the firm to manage mandates involving simultaneous agency engagement, disciplined disclosure, and credible dialogue with counterparties, sponsors, auditors, lenders, and supervisory bodies. Foreign investors entering China and Chinese founders executing cross-border growth often choose AnJie Broad for its specialist knowledge of regulated industries and its ability to translate complex rules into workable transaction and litigation strategies.

Insurance is a long-standing hallmark. The firm advises carriers, reinsurers, intermediaries and insurtech platforms on matters such as market entry, licensing, policy wording, product approval, solvency and capital, reinsurance structures, bancassurance arrangements, claims and coverage disputes, and regulatory investigations. This capability extends to corporate transactions, such as equity investments in financial institutions, portfolio transfers and joint ventures, where sector approvals, fit-and-proper tests and data governance must be precisely sequenced with signing and closing milestones. Antitrust and competition law is another core strength. Merger control filings, behavioural investigations, compliance programmes and litigation are handled with attention to evidence, economic analysis and communications that stand up to regulatory scrutiny while preserving deal timetables.

Intellectual property work covers patents, trademarks, trade secrets, licensing, brand protection, and technology transfer. Teams integrate IP strategy with product lifecycles and supply-chain realities, ensuring that protection, enforcement and commercialisation are considered alongside market access and regulatory constraints. For technology-driven clients, data and cybersecurity considerations – localisation, cross-border transfers, algorithmic accountability, and incident response – are embedded directly into product terms, vendor agreements, and operational playbooks, ensuring that launches and updates remain compliant as supervision evolves. Our corporate/M&A and private equity practices have grown alongside our regulatory expertise. Mandates cover growth and control deals, joint ventures, carve-outs, restructurings, and financial services transactions. There is a particular focus on industries where approvals and conduct rules intensify execution risk, such as insurance and broader financial services, healthcare and life sciences, advanced manufacturing, new energy, and platform/TMT. Work plans sequence antitrust filings, sector permissions, national security or sensitive industry clearances, and data and cybersecurity checkpoints against signing and closing. Term sheets and definitive agreements reflect executable risk allocation, including conditions precedent, earn-outs, retention and incentive structures, IP and data protections, and governance mechanics that function after completion rather than only on paper.

Dispute resolution and international arbitration cover complex commercial litigation, insurance coverage and subrogation, antitrust private actions, IP enforcement and cross-border matters involving Mainland China and Hong Kong, or with broader international elements. The strategy is built around enforceability from the outset, with evidence preservation, interim measures, asset tracing, jurisdiction and venue analysis, and realistic settlement pathways being evaluated in parallel with any financing or regulatory processes. Pleadings and submissions are calibrated for credibility with tribunals and courts, as well as for consistency with disclosure to investors, lenders and supervisors. Our restructuring and insolvency capabilities provide additional options when capital structures are under stress. We align creditor negotiations with market communications to protect enterprise value. Compliance and investigations form a unifying pillar across the firm’s practices. Services include anti-bribery and internal controls, sanctions and export control exposure, competition compliance, data governance and cybersecurity, and regulator-driven inquiries. Boards and investors receive clear, actionable reports and remediation plans with timelines and accountabilities that counterparties and authorities can accept. For clients in highly regulated or technology-intensive sectors, this compliance framework is integrated with transactional documentation and product operations, thereby reducing the time taken to implement remedial measures after launch. Clients consistently highlight three attributes. Firstly, they value specialist accuracy in insurance, antitrust, IP and data – areas where technical missteps create outsized risk – paired with drafting that is clear to international lenders, underwriters and tribunals. Secondly, they value project management discipline, which involves creating concise work plans that map out approvals, filings, disclosure milestones and counterpart dependencies. These plans have accountable leads and measurable checkpoints, and proactive communication helps to maintain credibility with regulators and market conditions. Thirdly, they value our balanced negotiation approach, which protects commercial objectives without sacrificing regulatory credibility or market acceptance. This approach shortens diligence iterations and stabilises counterpart confidence. Engagements typically begin with a scoping note identifying gating issues, such as merger control thresholds, sectoral permissions, data transfer architecture, fit-and-proper requirements and litigation or enforcement exposure, sequenced against transaction or dispute milestones. As matters progress, the firm provides predictable reporting to boards and deal teams while adjusting strategy in response to regulatory comments, evidentiary developments or market volatility. For organisations seeking PRC counsel that combines regulatory sophistication with a growing corporate and disputes capability, particularly in insurance, competition, IP and data-driven sectors, AnJie Broad Law Firm offers a platform designed to deliver bankable, audit-ready and enforceable outcomes.

Jincheng Tongda & Neal (JT&N) – Overview

Jincheng Tongda & Neal (JT&N) is a PRC-headquartered, full-service firm recognised for its balanced strength in corporate transactions, capital markets, banking and finance, regulatory compliance and complex disputes. Partner-led teams operate from Beijing, Shanghai, Shenzhen/Guangdong, and a broad network of regional offices. This allows JT&N to run simultaneous workstreams, such as regulatory filings, due diligence, financing negotiations, and litigation strategy, under compressed timetables, while maintaining accountability at a senior level. Foreign investors entering China and Chinese founders pursuing cross-border growth frequently select JT&N for quality drafting, predictable execution and the ability to turn dense regulation into workable deal mechanics that are acceptable to lenders, sponsors, auditors and supervisory bodies.

The corporate bench covers mergers and acquisitions, private equity and venture capital, joint ventures, carve-outs and reorganisations in the fields of advanced manufacturing, new energy and clean technology, healthcare and life sciences, consumer goods and retail, logistics and supply chains, and platforms and TMT. Transactions are sequenced around multi-agency approvals, such as antitrust filings, sector permissions, national-security or sensitive-industry clearances, and data/cybersecurity checkpoints, which are mapped to signing and closing milestones to ensure that timetables remain credible. Term sheets and definitive agreements are negotiated from first principles – conditions precedent, earn-outs, retention and incentive mechanics, IP and data protections, and governance frameworks are drafted for post-closing operability, not just theoretical coverage. In the capital markets sector, JT&N advises issuers and underwriters on A-share, STAR Market and ChiNext IPOs, Hong Kong listings and follow-on offerings. Prospectus drafting and verification run in parallel with auditor and sponsor coordination to maintain disclosure discipline regarding use of proceeds, related-party transactions, revenue recognition and industry-specific sensitivities. Examples include data and cybersecurity for platforms, pricing and reimbursement for healthcare and export-control exposure for advanced manufacturing. In the debt market, the firm acts on corporate bonds, ABS and structured products, calibrating covenant packages and investor communications according to market conditions and anticipated regulatory focus.

The banking and finance capabilities include bilateral and syndicated lending, acquisition finance, project and infrastructure finance, margin and structured lending, and onshore and offshore security packages. Documentation is paired with pragmatic collateral and enforcement analysis, ensuring that counterparties understand the available remedies before execution risk emerges. Treasury, intercreditor and covenant design receive early attention to reduce friction during restructurings or refinancings further down the line. During periods of stress in capital structures, JT&N’s restructuring and insolvency teams coordinate liability management exercises, exchange offers, consensual amendments and court-supervised options. They align creditor negotiations with disclosure and market communications strategies to protect enterprise value. The dispute resolution and international arbitration practice manages high-value commercial cases involving Mainland–Hong Kong or broader international elements. Enforceability is built into the strategy from the outset: evidence preservation, interim measures, asset tracing, jurisdiction and venue analysis, and realistic settlement pathways are evaluated alongside any financing or regulatory processes. Submissions are calibrated for credibility with tribunals and courts, as well as for consistency with disclosures to investors, lenders and supervisors. This ensures that the litigation strategy does not undermine the objectives of the transaction or refinancing. Compliance and investigations form a complementary pillar. The teams advise on anti-bribery and internal controls, sanctions and export controls, competition compliance, data governance and cybersecurity, and regulator-driven inquiries. They produce board-level reports and remediation plans that counterparties and authorities can accept. Sector groups incorporate regulatory nuances directly into term sheets, product terms and operating playbooks to ensure that legal obligations and commercial objectives remain aligned at launch and during scaling up.

Clients consistently cite three differentiators. Firstly, they value the clear and concise drafting of documents such as agreements, prospectuses, pleadings and board papers, which are easily understood by international lenders, underwriters, investors and tribunals, thereby reducing the need for iterations. Secondly, they value our project management discipline, which involves creating clear work plans that map out approvals, filings, disclosure milestones and counterpart dependencies, with accountable leads and measurable checkpoints. Proactive communication helps to maintain credibility with timetables, even when regulators provide feedback or market conditions shift. Thirdly, they offer a balanced negotiation approach that safeguards commercial outcomes without compromising regulatory credibility or market acceptance. This approach stabilises counterpart confidence and accelerates due diligence processes.

Engagements typically begin with a concise scoping note that identifies gating items, such as merger-control thresholds, sectoral permissions, data-transfer architecture, collateral and covenant design, and audit and sponsor touchpoints, and sequences them against transaction or dispute milestones. As matters progress, JT&N provides predictable reporting to boards and deal teams while adjusting strategy in response to regulatory comments, evidentiary developments or market volatility. For organisations seeking PRC counsel capable of delivering capital markets intensity alongside complex mandates in corporate, finance, compliance, restructuring and disputes, Jincheng Tongda & Neal (JT&N) offers a platform that consistently produces bankable, audit-ready and enforceable outcomes.

Conclusion: Choosing the Right PRC Counsel – and the Right EU Partner

China’s leading domestic firms combine scale, specialist depth, and disciplined execution across capital markets, M&A/private equity, finance, disputes, antitrust, and data/cybersecurity. The above overviews highlight platforms that consistently deliver on high-stakes mandates, produce bilingual work products for international lenders and tribunals, and maintain timeline control when multiple regulators and counterparties are involved. For cross-border projects, success hinges on two early decisions: selecting a PRC firm whose sector expertise and team strength align with the mandate and securing an EU partner that can translate legal advice into a trustworthy operating model for banks, supervisors, and investors.

Regulated United Europe (RUE) serves as that partner for European expansion. As an EU-based group of companies, RUE integrates PRC counsel into end-to-end EU execution, including entity formation and substance, licensing pathways (MiCA/CASP, EMI/PSP, investment firm/FX and gambling), banking and payments onboarding, AML/CTF and safeguarding controls, ICT and outsourcing governance aligned with DORA, and ongoing accounting and compliance. Documents, fund flow narratives and control evidence are produced in a form that satisfies EU supervisors, audit committees and counterparties, ensuring that PRC legal strategy and European regulatory delivery are aligned.

For Chinese founders and investors planning market entry, financing, listings, acquisitions or dispute strategies with a European dimension, RUE offers a coordinated route from initial scoping to live operations. Our cooperation with local PRC firms is collaborative and pragmatic: responsibilities are clearly divided, filings and disclosure milestones are sequenced, and communications remain consistent across jurisdictions. To discuss your objectives and timelines and find the most suitable EU structure or licence for your business, please contact us at [email protected]. Regulated United Europe is open to cooperation and ready to act as a trusted partner for European growth.