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Richard ZENG
Equity Partner / Beijing
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Tel +86-10-5957-2058
Email richardzeng@zhonglun.com
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Practices
Cross-border Investment/M&A, Chinese Mainland Capital Markets, Litigation & Arbitration
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Industries
Insurance, Healthcare, Pharmaceuticals & Life Sciences
Richard ZENG
Mr. Zeng received his LL.M. in International Private Law and LL.B. from China University of Political Science and Law, and he also studied at SOAS of University of London with sponsorship from the UK Lord Chancellor Scholarship.
Mr. Zeng has over 20 years of experience in his fields of expertise. He is a native Mandarin speaker and also fluent in English.
Mr. Zeng specializes in corporate affairs, including foreign direct investment, outbound investment, cross-border M&A, and project financing.
Mr. Zeng has extensive experience in the areas of finance and insurance, pharmaceutical and life sciences, real estate, energy, high-technology, education, etc. He counts among his clients renowned international investment institutions and Fortune 500 companies, such as the International Finance Corporation (IFC), Singapore Government Investment Corporation (GIC), the French aerospace company Airbus, the French company Lafarge, the French pharmaceutical company Sanofi-Pasteur, the American company Wabtec, the American company EXCEL, the Israeli company AMITEC, the German pharmaceutical company Fresenius Kabi, and the HK company Goldin Real Estate, and he has also advised renowned state-owned enterprises and insurance companies, such as China Energy International Group, CITIC Group, China Communications Construction Group, CICC, China Life Insurance, China Reinsurance Group, Taikang Insurance, and New China Life Insurance (NCI).
Representative Matters
Foreign Direct Investment in China
Advised Airbus S.A.S. on its establishment of a joint venture in China to carry out aircraft lifecycle services in the Pacific areas, with services including providing consultancy on issues related to Chinese laws, and drafting/reviewing, revising and negotiating about project documents, such as joint venture agreement, articles of association, design and construction agreement, lease agreement, equipment agreement, and license agreement
Advised Airbus China on the amendments of the joint venture contract and articles of association of Airbus Tianjin assembly line in relation to the expansion of business to A320 Ramp Up and the widebody project
Advised Airbus China on legal matters in relation to its daily operation and investment
Advised the French pharmaceutical company Sanofi-Pasteur on its establishment of WFOEs in China and having acted as its counsel on a retainer basis for its China-based daily business operation since 2009
Advised Lafarge on its establishment of joint ventures in China and acted as counsel for these joint ventures on a retainer basis for their China-based daily business operation from 2010 until the completion of combined transaction of private placement and assets/equity purchase by Sichuan Shuangma Cement Co., Ltd., a Chinese A-share listed company
Advised the German pharmaceutical company Fresenius Kabi on its new investment in China and the invested enterprises on their daily business operation
Advised German Fresenius Kabi on its sale of a Wuhan-based manufacturing WFOE to a Chinese state-owned enterprise in 2020
Advised Government of Singapore Investment Corporation (GIC) on its acquisition of equity in China Lianhe Credit Rating Co., Ltd.
Advised Government of Singapore Investment Corporation (GIC) on its acquisition of equity in Shanghai-based UIB Healthcare Group
Advised Government of Singapore Investment Corporation (GIC) on its investment in Beijing Zhangshangxianji Internet Technology Co., Ltd.
Advised Government of Singapore Investment Corporation (GIC) on its investment and participation in the restructuring of the red-chip enterprise Beijing Yidiantao Network Technology Co., Ltd.
Advised SOHO China on its acquisition of equity in an offshore company, which indirectly owns an office building in Beijing through its wholly-owned subsidiary
Advised International Finance Corporation (IFC) on its equity investment in and loan to a forestry development and manufacturing company in Guangxi, China
Advised AMITEC (an Israeli company) on its cooperation with Founder Technology in setting up a joint venture, as well as the JVC’s split-share structure reform and application for A-share listing
Advised CITIC Group on its cooperation with the Indian company TATA Group in setting up a Chinese-foreign joint venture company
Advised the Canadian company Continental Minerals Corporation on its investment in a metal mining project in Tibet
Advised South Korea’s SKT Company on its acquisition of equity in an online game development company
Having acted as counsel since 2011 for the HK company Goldin Real Estate on a retainer basis with regard to its investment in developing a large-scale real estate project in Tianjin
Advised the American company Wabtec on its cooperation with China CNR Corporation Limited in setting up a joint venture, among other matters
Advised the American company EXCEL on its establishment of a real estate WFOE in China and indirect acquisition and operation of an under-construction building in Beijing through the WFOE
Outbound Investment by Chinese Enterprises
Advised China Life Insurance on its outbound equity investment in the American company Uber Technologies Inc.
Advised Taiping Life Insurance on its outbound equity investment in the American company Uber Technologies Inc.
Advised China Life Insurance on its outbound equity investment in an autopilot enterprise
Advised China Life Insurance on its outbound equity investment in the American fund TPG
Advised Ping An Life Insurance on its outbound investment in the American real estate fund Blackstone
Advised Taikang Insurance Company on its outbound investment in a PE fund owned by the American company Goldman Sachs
Advised Sunshine Life Insurance Co., Ltd. on its outbound investment in Zhihu Inc. through a VIE structure
Advised China Harbor Engineering Company Ltd. on its acquisition of a water solutions provider in Singapore
Advised CGGC Overseas Investment Co., Ltd. on its investment in an Uzbek cement project
Advised CGGC Overseas Investment Co., Ltd. on its investment in a Pakistani regional dispatching center
Advised CGGC Investment Holding on its acquisition of equity in Kardan Water International Group (HK) Limited through overseas equity transfer transaction
Advised CGGC Overseas Investment Co., Ltd. on its acquisition of equity in Sistema Produtor São Lourenço S.A. in Brazil
Advised CGGC Equipment Industry Co., Ltd. on its acquisition of equity in Archimedes Solar Energy S.r.l., an Italian company, through overseas equity transfer transaction
Advised CGGC Overseas Investment Co., Ltd. on its acquisition of Azad-Pattan Hydropower Station of Pakistan
Advised CGGC Overseas Investment Co., Ltd. on its acquisition of SK Hydropower Station of Pakistan
Advised CGGC Overseas Investment Co., Ltd. on the formulation of templates of overseas investment transaction documents
Advised New China Insurance Company on its investment in and acquisition of logistics real estate projects in 17 European countries by way of overseas equity acquisition, following China Investment Corporation
Advised Taikang Asset Management Co., Ltd. on its acquisition of equity in and creditor’s right of a real estate project in Chicago through overseas equity transfer
Advising CICC on its outbound investment through a fund managed by it in the online insurance broker Tianjin Vision Tongchuang Technology Co., Ltd.
Advised Zhifang Group on setting up an offshore US dollar PE fund and the fund’s investment in iDreamSky Games
Advised Zhifang Group on setting up an offshore US dollar PE fund and the fund’s investment in Internet of Health
Advised China Power International Holding Ltd. in relation to its investment in a 100MW + 150MW photovoltaic power plant project in the Philippines
Advised China Power International Holding Ltd. in relation to its investment in a 150MW photovoltaic power plant project in Romania
Investment by Insurance Companies
Advised China United Life Insurance Co., Ltd. on introduction of new investors and its capital increase and share expansion
Advised China Export & Credit Insurance Corporation on its establishment of a wholly-owned non-insurance subsidiary
Advised CICC on its investment through the fund managed by it in Datong Insurance Sales Service Co., Ltd
Advised China Life Insurance on its investment in Guotou (Shanghai) S&T Achievements Conversion Venture Investment Fund
Advised China Life Insurance on its investment in a private education enterprise
Advised China Life Insurance Investment Holding Company on its acquisition of Shanghai Wu Mengchao Tumor Medical Center Co., Ltd.
Advised China Life Chengda (Shanghai) Health Industry Equity Investment Center (LP), controlled by China Life Insurance Co., Ltd., on its equity investment in Jiangsu Tellacheng Medical Co., Ltd. (a company that features combined medical and nursing services)
Advised China Life Chengda (Shanghai) Health Industry Equity Investment Center (LP), controlled by China Life Insurance Co., Ltd., on its investment in Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
Advised China Life Property & Casualty Insurance Company Limited on its issuance of bonds to institutional investors in the national inter-bank bond market with a view to supplement the company’s capital
Advised China Reinsurance (Group) Company on setting up a fund management company China Re Capital Management Co., Ltd. and the registration of the latter as a private fund manager with Asset Management Association of China (AMAC)
Advised the China Reinsurance Asset Management Co., Ltd. on setting up an insurance PR fund, issuing its first, second, third, and fourth tranches, and making investments
Advised Ping An Fin-tech Consulting Company, a member of Ping An Life Insurance, on its investment in a Shanghai-based community hospital
Advised ABC Life Insurance Co., Ltd. on its investment in China Everbright’s mezzanine fund and other famous private equity funds
Advised Beijing Yingchuang Investment Management Co., Ltd. on its participation in setting up an insurance company
Advised BOC Group Life Assurance Company Limited, a Hong Kong company, on its reinsurance business in China
Honors and Awards
For Individual
Recommended lawyer, The Legal 500, 2021, 2022, and 2023.
Tier 2 in Outbound Investment, Legal Band (recommended for consetuvie years)
Tier 1 in Insurance, Legal Band (consecutive recommended for consecutive years)
The A-list Legal Expert in China, China Business Law Journal, 2022
Memberships & Affiliations
Enrolled Expert, List of 1000 Lawyers for Foreign-related Matters, Ministry of Justice
Member, Belt and Road Lawyers Committee, All China Lawyers Association
Leader, Insurance Practice Group, Finance Sector Sub-Committee, Zhong Lun
Member, Legal Experts of China Insurance Assets Management Association
Part-time External Tutor, School of Juris Master of China University of Political Science and Law
Guest Tutor for Foreign-related Legal Talents, School of Juris Master of China University of Political Science and Law
Publications
China-specific section in “Doing Business in Asia Pacific” (Chapter 2: Business Environment) (co-author), International Bar Association (IBA) Asia Pacific Regional Forum, 2020
“Latest Interpretation of the Foreign Investment Law”, China Law Review, 2019
“Legal Study on the Establishment of Joint Ventures by Foreign Capital with Intellectual Property Rights”, China Law Review, 2016
“The Impact of Foreign Exchange Policy Changes on Overseas Investment by Domestic Enterprises”, Caixin, 2016
Related
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Deals Related
ZHONG LUN Assists Airbus in Establishing a Joint Venture in Chengdu China to Operate China's First Aircraft Lifecycle Services Project
Zhong Lun, as the Chinese legal advisor to Airbus, provided, under the leadership of the Airbus legal team end-to-end comprehensive legal services for this project.
2023-05-22 -
Events Related
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Awards Related
Zhong Lun Has 11 Lawyers Ranked in China Business Law Journal’s The A-List 2022
11 Zhong Lun partners were ranked.
2023-02-06
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Bar Admissions/Professional Qualifications
PRC Bar, 1997
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Education
SOAS of London University, 2006
LL.M., China University of Political Science and Law, 1999
LL.B., China University of Political Science and Law, 1996 -
Professional Experience
Partner, Zhong Lun Law Firm, 2007 to present
Registered Foreign Lawyers, Baker & Mckenzie Hong Kong Office
Legal Counsel, Sony (China) Limited -
Languages
Chinese
English