On April 23, 2019, ZhongYin (Hangzhou) Law Firm entered into a regular legal consultation agreement with Zhejiang Fuzhe Equity Investment Fund Management Co., Ltd. According to the agreement, the team led by Zheng Liping of ZhongYin (Hangzhou) will represent this company.

Zhejiang Fuzhe Equity Investment Fund Management Co., Ltd. was established by Zhejiang Fuzhe Capital Management Co., Ltd. in June 2018 as its wholly-owned subsidiary, and was registered as fund manager with Asset Management Association of China on October 18, 2018, under registration number P1069119. The company currently manages a “Zhejiang State-owned Enterprise Reform and Development Fund” with a first tranche of issuance values RMB 10 billion (name registered with the AIC: Zhejiang Deep-Reform Industrial Development Partnership (Limited Partnership)). The fund mainly invests in four sectors: firstly, Zhejiang state-owned enterprise’s asset securitization projects; secondly, reform projects with mixed ownership; thirdly, listed company merger and acquisition projects; fourthly, emerging industry projects values eight trillion in Zhejiang.

In recent years, the team of Zheng Liping strived to be the first-class professional lawyer team in Zhejiang by adhering to the path of specialization, focusing on the pan-asset management, and deeply engaged in three practice areas, namely privately-offered fund, merger and acquisition, and wealth management. In 2019 Q1, in the competition with nine well-known domestic law firms, Zheng Liping's team stood out, won a bid, and became the regular legal counsel of this State-owned Enterprise Reform Fund with Ten-billion Assets Value in Zhejiang, which sets an important milestone in ZhongYin (Hangzhou)’s development in the practice area of privately-offered fund.