Recently, LEGALBAND released a list of winners of the "2020 China Law Awards". Jingtian & Gongcheng was named Law Firm of the Year in Asset Securitization and Derivatives and Securities and Capital Market: Overseas Issuance Law Firm of the Year for the sixth consecutive year.
Prior to unveiling the winners of the annual "China Law Awards", the LEGALBAND China research team had conducted several months of independent research, including but not limited to obtaining feedback from customers and peers, and other research materials.
Jingtian & Gongcheng are deeply honored and grateful to all clients, partners and friends in all walks of life for their support.
Securities and Capital Market: Overseas Issuance Law Firm of the Year
The reason for the award announced by LEGALBAND: "Holding the top position in the industry firmly"; "One of designated law firms by unicorn companies".
Jingtian & Gongcheng has enjoyed a high reputation in the field of provision of IPO services in overseas capital market for Chinese enterprises. In the area of assisting Chinese enterprises with IPO in Hong Kong, Jingtian & Gongcheng has been ranked first among domestic peers for many years in a row. In 2019, Jingtian & Gongcheng (excluding its Hong Kong branch) participated in 44 Hong Kong IPO deals, and 4 transfer of listing projects from GEM to the Main Board in Hong Kong, accounting for 35.2% of all China concept stock IPO deals in Hong Kong in that year, with its outstanding performance in the sectors of education, health care, TMT, real estate, property management, catering etc. in particular.
On April 30, 2019, with the approval of the Law Society of Hong Kong, Jingtian & Gongcheng Hong Kong office and L& C Legal LLP were merged. After the merger, the entity name was changed to Jingtian & Gongcheng LLP (Jingtian & Gongcheng Limited Liability Partnership) which commenced the provision of legal services in Hong Kong independently. In its first year of operation, Jingtian & Gongcheng Hong Kong office managed to ascend into one of the top law firms with mainland backgrounds, with eight Hong IPO projects served. Moreover, a number of its projects have been carried out through deep interactions with various mainland offices of Jingtian & Gongcheng, forming a "one-stop" legal service with the combination of domestic lawyers and Hong Kong lawyers to those companies seeking listing in Hong Kong.
In addition, Jingtian & Gongcheng was one of the first mainland law firms to provide legal services for Chinese enterprises seeking IPO in the United States. In 2019, Jingtian & Gongcheng participated in 7 US IPO deals, ranking top in the industry. Up to now, Jingtian & Gongcheng has provided legal services for the listing in the United States of nearly 50 China concept stocks, occupying a leading position among Chinese law firms.
In 2019, the representative projects of Jingtian & Gongcheng in the area of overseas issuance include: China Kepei Education Group Limited listing on the Hong Kong Main Board, Maoyan Entertainment listing on the Hong Kong Main Board, Cstone Pharmaceuticals listing on the Hong Kong Main Board, Dongzheng AFC H-share listing on the Hong Kong Main Board, China Index Holdings Ltd listing on the U.S. NASDAQ, Zhongliang Holding Group listing on the Hong Kong Main Board, IVD Medical Holding Limited listing on the Hong Kong Main Board, Wanda Sports Group listing on the U.S. NASDAQ, 36Kr listing on the U.S. NASDAQ, China Feihe Ltd. listing on the Hong Kong Main Board, Huali University Group Limited listing on the Hong Kong Main Board, Venus Medtech H-share listing on the Hong Kong Main Board, Poly Property Development Co., Ltd. H-share listing on the Hong Kong Main Board, Taizhou Water Group Co., Ltd. listing on the Hong Kong Main Board, etc.
Law Firm of the Year in Asset Securitization and
Derivatives
The reasons the award announced by LEGALBAND: "Frequent reports of first cases/projects in the industry, increasing market influence day by day"; "The ability of innovation is well known"
Jingtian & Gongcheng is one of the first law firms in China to provide legal services for asset securitization. The basic assets involved in its asset securitization services include credit assets, accounts receivable, intellectual property rights, public utility rights to charge, right to proceeds of notes, rights of charge on property, trust beneficiary rights, tickets at tourist attractions, mortgage balance, rents, etc. The wide range of such basic assets has reflected the profound understanding and innovation capability of Jingtian & Gongcheng for different asset-backed securities.
In the past year, Jingtian & Gongcheng has served a large number of innovative, large-scale and complex asset securitization projects, and won the Legal Adviser of the Year at Frontiers Awards of 2019 Real Estate Asset Securitization with outstanding professionalism and fruitful legal services in real estate asset securitization. The "Haitong Huatai-APP Shanghai Magnolia Plaza Special Asset-Backed Program" (the largest CMBS in China) and the "Huaxi Securities-KWG Group Commercial Property Phase One Special Asset-Backed Program", in which Jingtian & Gongcheng acted as a legal advisor, were recognized as the CMBS/CMBN of the Year at Frontiers Awards of 2019 Real Estate Asset Securitization.
Other representative asset securitization projects recently served by Jingtian & Gongcheng include: Qiyi Century Intellectual Property Supply Chain Finance Special Asset-Backed Program (China's first intellectual property ABS), China Construction Factoring-Haitong Shen Securities-China Construction Second Engineering Bureau Phrase One Supply Chain Finance Special Asset-Backed Program (China's first supply chain ABS with central enterprise proxy pattern), China Communications Construction Phrase One Supply Chain Special Asset-Backed Program (China's first supply chain ABS with proxy pattern & multiple core enterprises), China Securities-Dingcheng Factoring Supply Chain Finance No. 1-10 Special Asset-Backed Program ( the largest new economy supply chain ABS with affiliates of ByteDance are the core debtors), CICC-APP Jin Hongqiao International Center Special Asset-Backed Program (the largest re-issued CMBS in China), Citic Gold Stone-Chengdu Suning Plaza Special Asset-Backed Program (the China’s first re-issued REITs for shopping center), Agile Education Investment Management Co., Ltd. Phrase One Special Asset-Backed Program for the Year of 2019 (the first tuition fees ABN on the inter-bank market), etc.
