Recently, a Dentons Beijing team, coordinated by partner Na Yanlin, consisting of senior partners Yang Guanshan and Yin Xiuchao, partners Peng Yanhong, Re Rongbing and Pan Pan, and associates Zu Hongxia, Zhang Chi, He Jingjing, Kang Qing and Feng Nannan, was successfully appointed to the legal panel of Beijing Investment Group Co., Ltd. (BIG).
BIG is a state-owned enterprise with special functions at the municipal level in Beijing. On December 12, 2003, Beijing Xin'ao Group (BXG) was established on the basis of the original land development headquarter of the Beijing Olympic venues. On November 20, 2017, BIG was founded through the reorganization of the former BXG with a registered capital of RMB 10 billion. The investor is the State-owned Assets Supervision and Administration Commission of the Beijing Municipal People's Government.
The company currently has 15 functions, 3 business centers (including 8 business units), 9 project departments under its direct supervision, and 12 wholly-owned and holding companies (including 1 branch, 7 wholly-owned subsidiaries, and 4 holding companies). As of the end of June 2018, its total assets reached RMB 113.26 billion.
During the Thirteenth Five-Year Plan period, the development focuses of BIG include: serving the capital's development strategy, focusing on the city's sub-center, undertaking the key tasks of the Beijing-Tianjin-Hebei coordinated development, and building the city according to the way of city operation, and becoming a domestic leading city operator that integrates "investment, financing, development, construction and operation". Its two main businesses will be urban investment and financing, and urban construction and comprehensive operations. It will adhere to the Party's leadership, and strive to build a leading domestic urban investment, construction and operation group, aiming to realizing the efficient and high quality completion of the construction projects in Beijing's sub-center, and promoting the continuous improvement of the planning and construction of the sub-center. It will undertake the investment and construction work for many major projects, such as the Olympic Village of 2022 Winter Olympics, the airport economic zone of Beijing Daxing International Airport, and the BIG Financial Center (the Asian Infrastructure Investment Bank's Headquarters will permanently settle here), ensure the safe and orderly operation of the city's sub-center, the Olympic Center, etc., and strive to make greater contributions to creating a world-class harmonious and livable capital.
Prior to this bidding, Ms. Na, as the general coordinator and project leader, with assistance from Ms. Zu and Ms. Zhang, has advised on two subsidiaries of the BIG for three years, and has established a great relationship with the companies. In order to meet its needs in business development, BIG publicly selected legal service providers through tendering. Dentons organized a legal service team consisting of 6 partners and 5 associates to participate in the bidding. After several procedures, including preparation of bidding documents, bidding, on-site opening of tenders, announcement of tenders, and debate, Dentons was successfully appointed to the company's legal panel.
After winning this appointment, our team will have the opportunity to provide more extensive legal services on a wide range of affairs, such as daily legal matters, contract review, decision-making of major projects, outbound investment and cooperation, internal management, various disputes, litigation, project construction and legal awareness campaigns, for BIG and its branches, subsidiaries and business units in the next three years.