Yongheng Partners has seen the legal industry in China develop into one of the most competitive in the world. But as the oldest and most established player in the Jiangsu region, the firm is not content to rest on its laurels. The firm will continue to develop from strength to strength cementing its position as a true leader in the region.
Strong expertise:
In a region where few law firms are able to provide full-service corporate advice, Yongheng Partners stands out from the rest. The firm has long played a leading role in the areas of finance, securities and international investments and has been successful in winning mandates from an impressive array of domestic and international clients such as the ICBC, Bank of China and the Export-Import Bank of China, Jiangsu High-Tech Investment Group, China Electronics Technology Group Corporation the 14th Research Institute, Jiangsu Coast Development Group, Nanjing CEC Panda Information Industry Group etc.
On the booming IPO front, Yongheng Partners has successful managed to seize a sizeable market share. The firm has an impressive pipeline of instructions, it is currently acting on no less than a dozen of listings, while in 2010 the firm acted on two listing deals of Nanjing Keyuan Automatic Corporation Co. Ltd. and Jiangsu Fengdong Thermal Technology Co.,Ltd.
Yongheng Partners is just as ideally placed to advise borrowers and syndicated lenders on their investments in a number of industries. In 2010, the firm represented a consortium comprising four mainland banks, led by the Nanjing Branch of Export-Import Bank of China, in a RMB 2bn financing for IRICO Group Corporation, and a consortium comprising nine mainland banks, led by the Jiangsu Branch of Bank of China, in a RMB 2.8bn debt restructuring for Nanjing Textiles Import & Export Co.
The firm is equally adept at international representations where it has acted for clients on high-profile M&A transactions. The most recent highlight is assisting TJoy Holdings, one of the country’s leading healthcare brands, on its RMB 2.3bn acquisition by Coty Inc, the world's largest fragrance company and fifth-biggest cosmetics manufacturer based in France.
Excellent service:
Despite its busy transactional schedule, the firm maintains a dedicated focus on team work and personalised, timely client service. “It is essential to form a team who are capable of providing comprehensive and deep legal service as transactions today are increasingly complex. We are proud that our elite lawyers from their practices enable us to establish the best legal team for our clients,” said Mr. Chen Yingning. “Our teams are always on call for clients. They are based with the clients and advise on daily issues, which also allow us to have a better understanding of specific needs of the client.”
This approach has won the firm many admirers. Nanjing Pharmaceutical Co. and Nanjing Zhongbei (Group) Co., and all of their subsidiaries, for instance, have switched to the firm on a permanent basis after being impressed by the firm’s work.
Bright future:
While client recognition is arguably the most important award a law firm can win, Yongheng Partners has also been recognised for its strengths by its peers in the Chinese legal services industry. The firm’s trophy cabinet is filled with a number of awards such as "Nanjing 2010 Outstanding Law Firm", “China 2008 Outstanding Law Firm”, ALB Jiangsu Firm of the year in 2007, and has won numerous awards for the excellent calibre of its advice on a number of transactions. With its strong heritage and high-levels of professionalism and excellent client service, Yongheng Partners, already one of the leading firms in Jiangsu province, is poised for further growth, rising to become one of the best law firms in the Yangtze River delta region.
Yongheng Partners
Add: 13/F, Changfa Science & Technology Building, 222 Zhujiang Road, Nanjing210018, China
Tel: (8625) 83193322
Fax: (8625) 83191022
Web: www.yhpartners.com