Recently, the team led by Tian Shouyun and Liu Guangbin, senior partners of ZhongYin, has advised China National Petroleum Corporation (short name CNPC) on its separation and hand-over of “Water, Electricity, and Heating Supply and Property Management”. This is another large sized representation of ZhongYin since we advised CNPC for its assignment of equity in over 200 hotels and transfer equity in nearly 100 financial institutions.

CNPC is currently the largest oil and petrochemical products supplier and the second largest oil and gas producer in China, the largest oil refinery company and the second largest chemical company in the world, and takes the second place in the world in terms of total numbers of gas stations.

The team of Tian Shouyun and Liu Guangbin has extensive experience in practicing in capital market, private equity and investment fund, M & A, foreign investment, bond, trust, asset securitization, long-term regular legal counseling and other areas, and has a profound understanding of the PRC laws and regulations and regulatory practices, and thus can provide flexible and valuable services based on the different business concerns of different clients.