Foreword

In 2024, amid intensifying market competition and rapidly evolving economic dynamics, Liuhe continued to uphold the principles of specialisation, precision, distinction, and innovation. Based on comprehensive assessments of case complexity, representativeness, influence, and creativity, the firm selected 15 exemplary cases from its annual portfolio.

These cases span a wide range of practice areas — including IPO and capital markets, compliance, mergers and acquisitions, banking, non-performing assets, insolvency and restructuring, and intellectual property — all closely tied to current social and economic issues. Collectively, they exemplify Liuhe lawyers’ professional excellence and sense of social responsibility.

The following represent only a portion of the firm’s publicly available highlights and do not fully capture Liuhe’s achievements over the past year.

01. Zhongxin Co., Ltd. Initial Public Offering and Listing Project

Impact:
Supported a leading global manufacturer of pulp-moulded catering products in successfully listing on the Shanghai Stock Exchange Main Board.
Team:
Lead Lawyers: Managing Partner Zhang Qi, Lawyers Fu Kang, Wang Xinglong, Xu Jiawen

02. State Grid Zhejiang Electric Power Company – Compliance Audit Framework for Major Decision-Making

Impact:
Assisted the client in formulating a compliance review guideline for major corporate decisions, improving the professionalism and standardisation of its compliance procedures.
Team:
Lead Lawyers: Managing Partner Meng Derong, Yang Haiqiang; Senior Partner Kong Lei; Lawyer Zheng Xunxun
Team Members: Lawyers Hu Dan, Trainee Lawyers Zhu Sai, Yang Haoxiang

03. Yongchao Venture Capital’s Acquisition of Unilever’s Majority Stake in Qinyuan Group

Impact:
Enabled the domestic leader in the water purification industry to regain control and achieve a decade-long milestone in development.
Team:
Lead Lawyers: Senior Partners Zhu Yayuan, Charles Yuan
Team Members: Trainee Lawyer Yi Zhouzhi

04. Baida Group v. Mehood Hotel Group and Controlling Shareholders – Lease Dispute

Impact:
Fortified asset protection for corporate clients and facilitated the revitalisation of the landmark Hangzhou Hotel.
Team:
Lead Lawyers: Managing Partner Bu Liang, Lawyer Pan Liangchao
Team Members: Lawyers Qiu Huihuan, Wu Yiya; Trainee Lawyers Meng Yizhou, Wang Cong

05. Defence in a Shareholder Dispute Involving Misappropriation of Over RMB 100 Million – Non-Prosecution Decision

Impact:
Prevented the misuse of criminal procedures in a commercial dispute and safeguarded the legitimate rights of private entrepreneurs.
Team:
Lead Lawyer: Senior Partner Zhou Xinyi

06. Drafting of the Zhejiang Provincial Standard “Guidelines for the Management of the Transformation of Service-Related Scientific and Technological Achievements” (DB33/T 1406-2024)

Impact:
Contributed to the promulgation of China’s first provincial internal-control standard governing the transformation of service-related scientific and technological results.
Team:
Lead Lawyers: Senior Partners Xu Lixian, Xia Liang; Lawyer Sheng Jiayu

07. Overseas Patent Services Enabling a Hangzhou-Based Electronic Parking Product’s Entry into the EU Market

Impact:
Provided specialised patent legal services to facilitate the compliant international market entry of a Chinese technology product.
Team:
Lead Lawyer: Senior Partner Zhao Weikang
Team Members: Lawyer Zhu Lingling

08. Zhejiang Province 2023–2024 Random Inspection of Standard Contract Clauses

Impact:
Assisted provincial market regulators in implementing new regulatory mechanisms for the supervision of standard contract terms.
Team:
Lead Lawyers: Senior Partner Chen Zhiyuan, Lawyers Zheng Shasha, Liu Shiwei
Team Members: Trainee Lawyer Yan Kuan

09. Bank B Hangzhou Branch v. Company A (Yunnan) & Bank A Kunming Branch – Financial Loan Dispute

Impact:
After three rounds of proceedings before the Supreme People’s Court, a reversal of the appellate judgment was secured on retrial, recovering substantial economic losses for the client.
Team:
Lead Lawyer: Senior Partner Zhang Yong
Team Members: Lawyers Zhu Xiaoyang, Qi Yifei; Trainee Lawyer Zhou Weiting

10. Investment and Operations Project of a Renowned Hungarian Bus Manufacturer in China

Impact:
On the occasion of the 75th anniversary of China–Hungary diplomatic relations, assisted a Hungarian enterprise in establishing its operations in China, fostering collaboration under the Belt and Road Initiative and advancing the new-energy vehicle “cooperation chain.”
Team:
Lead Lawyer: Managing Partner Michelle Sheng
Team Members: Lawyer Fei Lei

11. Legislative Research on the “Hangzhou Municipal Regulation on the Management of Government Investment Projects”

Impact:
Provided end-to-end legal support for the successful enactment of this key municipal regulation.
Team:
Lead Lawyers: Senior Partners Xu Yangmei, Ye Naitao

12. Substantive Consolidation and Restructuring of Seven Companies Including Zengzhou Heavy Industries, and Centralised Settlement of Controllers’ Personal Debts

Impact:
Provided a benchmark example for coordinated bankruptcy and restructuring of corporate and personal assets.
Team:
Lead Lawyer: Senior Partner Fu Zhongbin
Team Members: Lawyers Xi Anna, Lou Xiaoqian, Cao Yiyuan, Zhou Siyuan

13. Acquisition and Disposal of a Non-Performing Real Estate Trust Debt by a Chinese Financial Asset Management Company

Impact:
A milestone project in the complex and high-value disposal of non-performing assets.
Team:
Lead Lawyers: Managing Partner Zhu Wei, Senior Partner Liang Yongheng
Team Members: Lawyers Yu Mengjie, Tao Ye

14. Red Dragonfly Co. v. CNIPA & Wenzhou Red Dragonfly Factory – Trademark Invalidation Administrative Dispute

Impact:
Clarified trademark boundary issues and upheld the principles of honest and fair competition.
Team:
Lead Lawyers: Senior Partner Wu Zhuang, Partner Jia Hong
Team Members: Lawyer Lin Xiao

15. Acquisition of Meisheng Business Centre and Introduction of Hyatt Hotel Project

Impact:
Facilitated the revitalisation of state-owned non-performing assets and the rebirth of a landmark building in Shaoxing.
Team:
Lead Lawyers: Partner Li Weili, Lawyer Wang Kaiyu

Epilogue

“The road ahead is long and arduous, but perseverance paves the way to excellence.”

In 2025, Liuhe will continue to draw inspiration from these outstanding cases, leveraging them as exemplars to further enhance service quality, uphold professional integrity, and deliver high-calibre, efficient, and standardised legal services to an ever-growing base of clients.