ZhongYin (Changsha) Wins a Bid and Is Selected into The Legal Counsel Database of CDB (Hunan)
Author： Zhong Yin Law Firm
On February 15, 2019, ZhongYin (Changsha) Law Firm successfully won a bid and was selected into the legal counsel database of Hunan Branch of China Development Bank (short name CDB (Hunan)). A Law firm winning the bid will serve as regular legal counsel of the bid inviter CDB (Hunan), and advise it on daily issues (20hs or less) and exclusively on certain matters (more than 20hs) and represent it in litigation (arbitration) and bankruptcy proceedings. Yao Jiyan, The Deputy Director of Changsha Office, as project contact and leader, after receiving bidding documents, actively set up a service team and prepared the tendering documents. With strong support from the firm, the team repeatedly revised and improved the tendering documents. After careful review and confirmation of the review panel of the bid inviter, ZhongYin (Changsha) finally stood out from more than forty law firms participated in the bidding and successfully won the bid.
CDB was founded in 1994 as a policy financial institution under the direct leadership of the State Council. It was incorporated as China Development Bank Corporation in December 2008, and officially defined by the State Council as a development finance institution in March 2015. CDB provides medium- to long-term financing facilities that serve China’s major long-term economic and social development strategies. CDB is the world’s largest development finance institution, and the largest Chinese bank for financing cooperation, long-term lending and bond issuance.
In addition to the leader Yao Jiyan, the members of the service team set out in the tendering documents include partners Li Fangjun and Tang Fengzu and associates Lou Zhibin, Liu Peng, and others. These team members have represented many banks and bank-like financial institutions, and have rich practice experience and good social recognition in this area.
In recent years, under the leadership of Director He Jingshang, the team of Zhong Yin (Hunan) set Hunan as its center, and developed into a leading law firm in Hunan by adhering to the fine tradition of ZhongYin, organic combination of ZhongYin’s brand, track record, and resources with Hunan local attorneys’ resources.