On May 21, 2015, the Ministry of Commerce issued it No. 33 [2015] anti-monopoly review notice approving the equity purchase deal between China State Construction International Group Holdings Limited and Anhui Xingtai Financial Leasing Co., Ltd..
A Dacheng team composed of senior partner Ji Min and partners Wang Jun and Wang Hui advised clients on anti-monopoly declaration and on the prevention and response to potential legal risks. The team led by Ji fully analyzed all factors, issued attorney’s opinion letter, and completed relevant procedures on behalf of the clients. Their efforts were highly recognized by the clients.
China State Construction International Group Holdings Limited is a wholly-owned subsidiary of China State Construction International Group Limited (stock code: 3311.HK). Anhui Xingtai Financial Leasing Co., Ltd.. is a subsidiary of Hefei Xingtai Financial Holding Group Co., Ltd.. It is one of the first financial leasing enterprises in Anhui province. In 2006, it was included in the second list of pilot domestic-funded financial leasing enterprises in China, following approval from the Ministry of Commerce and State Administration of Taxation. The company is also a senior member of Anhui Financing Lease Enterprise Association.
In this case, a central enterprise is introduced as strategic investor for a leading financial leasing company in Anhui province. The move aims to get the company listed within five years.
Beijing Dacheng Law Offices, LLP ("大成") is an independent law firm, and not a member or affiliate of Dentons. 大成 is a partnership law firm organized under the laws of the People’s Republic of China, and is Dentons' Preferred Law Firm in China, with offices in more than 50 locations throughout China. Dentons Group (a Swiss Verein) ("Dentons") is a separate international law firm with members and affiliates in more than 160 locations around the world, including Hong Kong SAR, China. For more information, please see dacheng.com/legal-notices or dentons.com/legal-notices.
