On January 11, 2021, 41 former shareholders of Inner Mongolia Liaohe Engineering Bureau Co., Ltd. including Bao Mingde presented a thank-you letter and a crystal cup to the team led by Zhou Junli, a senior partner of ZhongYin Law Firm, for the team’s outstanding performance in representing them on an equity transfer dispute involving RMB250 million. On the crystal cup, they carved “practice the law to protect the people, by studying thousands of papers and files to complete entrusted matters; wipe out the bullies and help the down-trodden, by going to the South of the Yangtze River to perform duties”, to express their gratitude to the team consisting of Zhou Junli, Niu Baoyuan, Shi Yanling, Su Rongjian, Xiang Guanghui, Niu Jiu, and Pei Yue of ZhongYin Law Firm.

This equity transfer dispute case is also a comprehensive practice of the Experience of Fengqiao, involves equity transfer, acquisition of listed company, repurchase, valuation adjustment mechanism, fund company, commercial bank, principal-agent relationship, and coordination and execution of court defense and out-of-court settlement, covers the main features of current economic activities in all aspects, and exhibits the lawyers’ capabilities of applying laws, developing comprehensive solutions, and dominating negotiations to wholeheartedly solve practical problems for clients. The clients are also satisfied with the final results of the case, and think highly of the effective work done by the team in all aspects of the case.

The 41 former shareholders stated in the letter that in the process of litigation, the team made adequate preparations and appropriate personnel arrangements, exercised professional legal skills and a high degree of care and diligence, developed and implemented all-around defense strategies, and properly preserved and produced evidence; ZhongYin lawyers are guardians of justice and a trustworthy team; ZhongYin aims to maximize the protection of the legitimate rights and interests of clients and truly provides clients with constructive and practical solutions.