Tianyuan(北京天元) law firm news

Lawyers in China have recently noticed that the review process for initial public offerings (IPOs)has sped up, especially for large state-owned enterprise (SOE) and companies with clear development history and relatively simple organizational structures.

Grandall Legal Group has recently topped the charts as lead advisor for ChiNext listings. Having advised 20 companies in their applications for listing over the past year, the firm has successfully seized 10% of the market share.

根据中国证监会发布的创业板统计数据，共有66家律师事务所参与了创业板市场的发行申请工作。他们主要集中在北京、上海、广东三地，其占有率总计达到87%以上。

Yashili, the third-largest (by sales) Chinese infant-formula maker, has recently launched its US$348m IPO on the Hong Kong Stock Exchange.

雅士利国际控股近日在香港联合交易所主板正式挂牌上市，通过此次首发共筹得3.48亿美元。

China has become Hong Kong's greatest competitor for the lucrative market IPO. Will domestic boards take the lead this year?

After making around 20 internal partner promotions this year, Zhong Lun Law Firm continues with its ambitious partnership growth. The firm has now taken on board two additional partners – Yao Pingping and He Wei – as lateral hires.

姚平平、何未两位曾在国际律所职业的律师近日加盟了中伦律师事务所担任合伙人。姚平平律师加盟中伦香港分所，何未律师加入北京总部。

King & Wood topped the Bloomberg charts for top China domestic IPO issuer advisors (by total deal value) for the first half of 2010. Hot on its heels were Beijing Tianyin, Grandall, Jia Yuan and Zhong Lun.

根据彭博资讯统计，金杜和国浩近期分别荣登国内IPO发行人法律顾问排行榜榜首（按融资总额和项目总数计算）。金杜于2010年上半年内作为发行人律师参与共17项IPO融资总额达250亿人民币，而国浩则参与了共22项IPO的发行。

Beijing Tian Yuan and Guangzhou-based Guangda have recently assisted in the largest acquisition in the domestic management software industry to date.

用友集团近日以4.91亿元现金全资收购汽车行业管理软件企业-上海英孚思为，成为国内管理软件行业规模最大的一笔收购案。在此次收购案中，北京天元为用友的法律顾问，广东广大则为目标公司提供法律服务。

Winston & Strawn advised Duoyuan Global Water on its recent US$105m follow-on offering

Last year saw an IPO boom led by Chinese companies seeking listings in both the mainland and Hong Kong. China’s law firms expect plenty more of the same for 2010.

Commerce & Finance, DeHeng, Tian Yuan and King & Wood have ranked in the top ten of mergermarket’s 2009 table of legal advisors to Greater China M&A.

通商，德恒，天元和金杜律师事务所，在2009年度亚太地区（日本除外）并购法律顾问排名中（按代理交易的总金额排）分别名列第一、五、六和七名。

Six firms have recently been instructed on Shengli Oil & Gas Pipe Holding’s US$204m IPO on the HKSE.

While the rest of the world takes a year-long hiatus from making private equity transactions, China’s domestic PE industry, now led by domestic players, remains active and is fast evolving. A strong private equity market will not only drive economic growth but also foster a more sophisticated domestic PE legal fraternity.

Wonder Auto Technology has completed an underwritten follow-on public offering of its common stock on the NASDAQ

Six firms have collectively provided legal advice for the US$160m consortium investment for a minority stake in Shanghai-headquartered International Far Eastern Leasing Company.