A wholly-owned subsidiary of Yulong Group held Class L shares of a certain asset management plan, including RMB 20 million equity investment and RMB 330 million debt investment. As per the CSRC rules, such asset management plan was about to expire and would be liquidated upon expiration.
ZHH's lawyers accepted the entrustment, collected data, sorted out legal relations in connection with such asset management plan, and simulated the possible results of current liquidation according to the progress of such asset management plan, offered legal advice on the handling of subsequent matters, and provided help for Yulong Group and its subsidiary to decide relevant matters after the liquidation of such asset management plan.
This project was led by Partners ZHANG Yong and Qing Miao and handled by Attorney SONG Qin.