Dacheng Retained as Standing Legal Counsel for Liaoning Equity Exchange Co., Ltd.

In June 2014, a Dacheng team led by Shenyang office head Sun Changjiang was retained as standing legal counsel for Liaoning Equity Exchange Co., Ltd. to advise the company on a multi-facet, multi-layered basis.

Liaoning Equity Exchange, established with the approval of the People’s Government of Liaoning, is a non-profit, integrated financial services platform where non-public enterprises in Liaoning could offer equity, bonds and raise fund. It is an important component of the all-round strategic cooperation scheme joined by China Cinda, Shanghai Stock Exchange and the People’s Government of Liaoning and one of the three regional markets launched by Shanghai Stock Exchange. The Exchange is owned collectively by Liaoning Shenyang United Assets and Equity Exchange (a 33% stake), Cinda Securities (33%), Shanghai Stock Exchange (20%), Daton Securities (10%) and Stockren Securities (4%).

The Exchange provides services such as listing, stock rights registration and trusteeship, financing, M&A, training, general counsel as well as counsel on capital markets-related accounting. It is committed to delivering professional, sustained, comprehensive and innovative services to medium-, small- and micro-sized enterprises in Liaoning.