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China Commercial Special Assets M&A Committee Established: Achievements and Breakthroughs
Breakthroughs and achievements, reaching far and near–China Commercial Special Assets M&A and Restructuring Professional Committee was established
Since the 1980s, the global special assets market has become an important investment target for global asset management organizations after several financial crises, and the special assets market tends to develop faster during economic downturns. In order to cater to the service needs of more clients entering the special assets market, the inauguration ceremony of China Commercial Special Assets M&A and Restructuring Professional Committee was held in the International Lecture Hall on the 25th floor of the headquarter of China Commercial Law Firm (Hong Kong and China Travel Service Building, Futian District, Shenzhen) on August 3rd.
The inauguration ceremony was attended by China Commercial Managing Partner Guo Peng, Qi Menglin, Senior Partner Yao Zhengguang, Zhao Di, Zheng Zhonglin, Partners Zheng Xunlv, Liu Yue, Ren Ying, You Jinquan, Liu Yankai, full-time attorney Liu Yujing, as well as Director of the Center for Professional and Business Operations Chen Meiting, etc., which was presided over by Attorney Zhao Qianqian.
At the beginning of the ceremony, Mr. Guo Peng, Managing Partner of China Commercial, delivered a welcome speech to the guests and congratulated the establishment of China Commercial Special Assets M&A and Restructuring Professional Committee. Guo pointed out that China’s special assets have ushered in the industry’s cyclical development opportunities, the establishment of special assets M&A and restructuring of professional committees in the rapid development of the industry can be said to be “timely”, and should be actively mobilized to mobilize the relevant professionals to join, to meet the service needs of more customers in the special assets market, and to innovate the type of business. The committee should actively mobilize relevant professionals to join in the future to meet the service needs of more clients in the special assets market, innovate business types, and provide a multi-dimensional vision for the diversification of the disposal pattern of the industry.
Subsequently, Mr. Qi Menglin, Managing Partner of China Commercial, delivered a speech, in which Mr. Qi said that special assets is a frontier industry that takes off in the context of the times, and the disposal of special assets by way of M&A and restructuring is promising. The establishment of the new professional committee is an important step to promote the process of professional development of China Commercial, to build core competitiveness with professional development, to broaden the business channels and give full play to the role of the function, in order to truly bring together the wisdom of China Commercial. At the end of the speech, Mr. Qi wished that China Commercial Special Assets M&A and Restructuring Committee would be prosperous and have long performance.
Mr. Yao Zhengguang, the advisor of China Commercial Special Assets M&A and Restructuring Committee, delivered a speech on the stage. Mr. Yao mentioned that he has been looking forward to more cooperation and docking within the firm, and he was glad to participate in the inauguration ceremony of the Special Assets M&A and Restructuring Committee of China Commercial, and looked forward to learning and sharing experience through the open and transparent platform of the Committee, which is characterized by high efficiency, interaction and synergy in cooperation.
Mr. Qi Menglin, Managing Partner of China Commercial, came to the stage and read out the resolution of the Executive Committee of China Commercial on the establishment of the “China Commercial Special Assets M&A and Restructuring Committee”, and awarded the appointment letters to the leadership team – Mr. Zheng Melody, Director of China Commercial Special Assets M&A and Restructuring Committee, and Mr. Zhao Di, Deputy Director of China Commercial Special Assets M&A and Restructuring Committee.
Mr. Zheng Melody, Director of China Commercial Special Assets M&A and Restructuring Committee, delivered a speech and shared the topic of “Reorganization and Revitalization Practice of Listed Companies”. Mr. Zheng is a doctor of management of China Commercial University of Science and Technology, and is now a partner of China Commercial Law Firm. He has a double-disciplinary background of law and finance, and has rich practical experience, and has solid skills in the fields of merger and acquisition and restructuring, disposal of non-performing assets and revitalization of difficulties.
During the sharing, Mr. Zheng took the disposal of special assets of Dawning Information Industry Co.,Ltd. as the starting point, combined theory with practice, analyzed the practice points of M&A and reorganization of special assets in depth, and put forward the outlook of industry innovation. As a large local firm, China Commercial has the responsibility and obligation to summarize the practical experience of special assets disposal and promote the theoretical research of M&A and reorganization. In the future, the special assets M&A and restructuring professional committee of China Commercial will continue to work hard on the road of professional construction, and strive to become a first-class high-level M&A and restructuring business team in China.
China Commercial Special Assets M&A and Restructuring Committee aims to build a professional team of lawyers in the field of M&A and restructuring of special assets and set up a benchmark for the industry. Next, we will give full play to the resource advantages of our head office and branch office, effectively build an internal communication platform, and form the “integration of industry, academia and research”, and also carry out systematic and professional training to enhance professionalism and professional ability, promote the prosperous development of our M&A and restructuring business, and gradually let China Commercial enter into the normative, standardized and systematic path of the M&A and restructuring business. We will also carry out systematic training to improve professionalism and professional ability, promote the prosperous development of our M&A and restructuring business, and gradually enable China Commercial to enter into standardization, standardization and systematization in the field of M&A and restructuring business.
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