On October 25, 2019, the Founding Meeting and First General Meeting of Beijing Bankruptcy Administrators Association (“Meeting”) was held in Beijing. ZhongYin Law Firm participated in the Meeting as a member. Liu Zhenyu, member of the Administration Committee and senior partner of ZhongYin, attended the Meeting as invited.

At the Meeting, the participants voted to pass the Articles of Association of Beijing Bankruptcy Administrators Association, the Membership Fee Standards and Management Measures of Beijing Bankruptcy Administrators Association, and the Measures for Election at the First General Meeting of Beijing Bankruptcy Administrators Association, and elected 25 council members and 7 supervisors of the first Beijing Bankruptcy Administrators Association. The first council of Beijing Bankruptcy Administrators Association elected 1 president and 11 vice presidents and appointed a secretary-general; the first supervisory board of Beijing Bankruptcy Administrators Association elected 1 chief supervisor.

ZhongYin Law Firm is in the List of (First) Non-government-intermediary Administrators in Corporate Bankruptcy Cases in Beijing published by Beijing Higher People's Court. As one of the first Chinese law firms engaging in bankruptcy reorganization and liquidation, ZhongYin has handled a large number of cases of bankruptcy reorganization and liquidation with its skillful legal services in commercial law. The law firm has been committed to comprehensively assess various risks from all angles and accurately and quickly find the best solution to balance the interests of all parties, so as to provide efficient and good legal services to clients.