ZhongYin Won the Bid for A Project of BJ HYUNDAI
2023.04.14
Author: Zhong Yin Law Firm 北京中银律师事务所
Recently, a team consisting of Yang Yang, Peng Xinzhen, Huang Danyue, Jin Yu and Mou Zongjun of ZhongYin Law Firm has won the bid for a contract dispute representation and supplier compliance risk diagnosis for BEIJING-HYUNDAI AUTO.
BEIJING-HYUNDAI AUTO (“BJ HYUNDAI”) is a joint venture established by Beijing Automobile Investment Co., Ltd. and South Korea-based Hyundai Motor Company on October 18, 2002, with a registered capital of US$2.036 billion. BJ HYUNDAI is the first Sino-foreign automobile manufacturing joint venture approved after China’s access to WTO, and its establishment has been identified as a leading project and demonstration project for revitalizing Beijing’s modern manufacturing industry and developing the capital’s economy. BJ HYUNDAI has set up production bases (five OEM plants) in Beijing, Hebei and Chongqing with a total annual production capacity of more than one million vehicles, and has more than 11,000 employees. BJ HYUNDAI officially became a member of the “10-million” camp at the end of 2018, and so far (as of October 19), it has cumulatively manufactured and sold 10.5 million vehicles, realized an industrial output of RMB 1,030.46 billion, and paid taxes of more than RMB 122.9 billion. BJ HYUNDAI has ranked among the top three for many consecutive years in China Initial Quality Study (IQS), China Vehicle Dependability Study (VDS), China Sales Satisfaction Index (SSI) Study and China Customer Service Index (CSI) Study and other study reports published by the world-renowned company J.D. Power.
【ZhongYin Automotive-related Legal Matters Department】
ZhongYin Automotive-related Legal Matters Department has provided a full range of legal services to many clients in connection with the automotive industry and has been unanimously praised by them. ZhongYin keeps a close eye on the legal developments in the automotive industry, and is committed to representing in a refined manner on automotive-related legal matters and providing high-quality legal services to clients related to the automotive industry. ZhongYin Automotive-related Legal Matters Department focuses on services such as: regular legal counseling in the automotive industry, contractual, automobile product liability, sales fraud and other disputes in the automotive industry, data security and personal information protection related to intelligent and connected vehicles, compliance management related to sales of automotives (including second-hand cars) and supply of parts, and consumer rights protection, anti-monopoly and anti-unfair competition in the automotive industry, automobile advertising and publicity, automobile racings, and overlanding events.
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Peng Xinzhen
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