Long'an Performance | Long'an Guangzhou Successfully Entered the List of Legal Service Providers of Guangdong Branch of China Orient Asset Management Co., Ltd.

Recently, a positive news came from Longan (Guangzhou) Law Firm in Beijing! Lawyer Liang Dong, a senior partner at Longan Guangzhou and head of the Non-performing Assets Department, led a legal team that successfully won the contract as a legal service provider for the Guangdong branch of China Oriental Asset Management Co., Ltd.

This inclusion in the supplier list was carried out by Lawyer Liang Dong, a senior partner at Longan Guangzhou and head of the Non-performing Assets Department. A professional team consisting of Lawyers Huang Peng, Chen Li, and Li Hua Tao formed a team with rich experience in financial investment and non-performing asset restructuring. With their outstanding professional skills, high-quality legal services, and strong brand strength, they stood out among all the applicants and finally became a legal service provider for the Guangdong branch of China Oriental Asset Management Co., Ltd.

As of now, the team led by Lawyer Liang Dong has been officially included in the resource pool of legal service institutions such as China Cinda Asset Management Co., Ltd. (Guangdong branch), Cinda Investment Co., Ltd., the Guangdong branch of China Oriental Asset Management Co., Ltd., Guangdong Yuecai Investment Holding Co., Ltd., China Merchants Group (Shenzhen China Merchants Ping An Asset Management Co., Ltd.), Guangzhou Asset Management Co., Ltd., Zhejiang Zheshang Asset Management Co., Ltd., China Resources Asset Management Co., Ltd., Ping An Bank Co., Ltd., Guangzhou Bank Co., Ltd. (a backup list for law firms from 2023-2025), Guangdong Provincial Institute of Building Science and Technology Group Co., Ltd., Beijing Jinxiu Shanhe Asset Management Co., Ltd., etc.

In the future, Longan Guangzhou will continue to focus on non-performing assets, corporate mergers and acquisitions and restructuring, investment and financing, bankruptcy reorganization/clearing, etc., and will provide high-quality, efficient, and professional legal services to customers, striving to become a benchmark in the legal service industry in the Greater Bay Area.

Client Profile

China Oriental Asset Management Co., Ltd. (hereinafter referred to as China Oriental) was established in October 1999 and reorganized into a joint-stock company in September 2016. Since its establishment, China Oriental has always had the mission of “preserving national assets, resolving financial risks, and promoting state-owned enterprise reform”. It takes legal and compliant operations as its life line. It has managed and disposed of more than 200 billion yuan in various non-performing assets, making positive contributions to the stability of the national financial system.

By the end of 2023, the total assets of China Oriental Group reached 1,272 billion yuan. It has 26 branches across the country, with business areas including non-performing asset management, insurance, banking, securities, funds, trust, credit rating, and overseas business. The total number of employees is more than 50,000.

Team Profile

Lawyer Liang Dong

Lawyer Liang Dong is a senior partner at Longan Guangzhou and head of the Non-performing Assets Department. He has worked at the Guangdong branch of China Cinda Asset Management Company for nearly 15 years (as a business director/company lawyer). Lawyer Liang Dong has rich practical experience in non-performing assets, real estate, investment and financing, corporate mergers and acquisitions and restructuring, bankruptcy reorganization and clearance. By the end of 2023, through litigation and non-litigation methods, the total amount of various projects such as acquisition/merger/restructuring/clearance (based on actual investment) reached 20.109 billion yuan.

Classic projects: The bankruptcy reorganization project of 34 companies of Jiaoyue Group (total investment of 3.665 billion yuan), the joint merger and restructuring project of Guangdong International Trust and Investment Company with Vanke (using 9.8 billion yuan to leverage a total investment of 55.1 billion yuan), the Longjin Garden project in Guangzhou (disposed of and revitalized unfinished buildings), the Dingsheng Group project in Zhanjiang (restructuring/litigation), etc.

Lawyer Huang Peng

Lawyer Huang Peng graduated from Guangdong University of Finance and Economics. He is skilled in non-performing assets, corporate legal affairs, bankruptcy reorganization and clearance, urban renewal (reconstruction of old and obsolete areas), and non-litigation due diligence. He has participated in the acquisition and disposal of multiple non-performing asset projects, including 112 assets packages of Guangdong Food and Vegetable Wholesale Co., Ltd. of the Guangdong branch of Cinda Asset, 319 assets packages of Huizhou Rural Enterprise Joint General Company of the Guangdong branch of Great Wall Asset, 121 assets packages of Huizhou East Industrial Development Company of Yuecai Asset, and 2 assets packages of Huiyang Property Development (Group) Company. The total amount of debt acquisition and disposal, including principal and interest, is approximately 3 billion yuan.

Major projects he has handled: The debt collection project of Cinda Fosheng, 1.8 billion yuan; the contract dispute case of Suicheng Company and Wu Qiyong’s debt transfer; the series of restructuring/litigation projects of Zhanjiang River and Mountain Group, 1.3 billion yuan, etc.

Lawyer Chen Li

Lawyer Chen Li graduated from China University of Political Science and Law. She is skilled in non-litigation legal affairs, including due diligence, corporate mergers and acquisitions and restructuring, non-performing assets, bankruptcy reorganization and clearance. She has worked in the Shenzhen Court for 4 years and has rich judicial practice experience. She has handled many cases involving banks and asset management institutions.

Major projects she has handled: The merger and restructuring project of Zhuhai Juxinghui Commercial Plaza (due diligence) project, 1.7 billion yuan; the due diligence project of Guangzhou Guanhua Real Estate’s bankruptcy reorganization, 1.5 billion yuan; the merger and restructuring project of Guangzhou Guancheng Building; the merger and restructuring project of Zhongxing Smart Park; the merger and restructuring project of Huadu Yihé Villa, etc.

Lawyer Li Hua Tao

Lawyer Li Hua Tao graduated from South China Normal University. She is skilled in handling various civil and commercial cases, mainly in real estate, finance, non-performing assets, judicial auctions, and bankruptcy. She has close cooperative relationships with many real estate companies, financial institutions, and guarantee companies. She has long provided permanent legal counsel/special legal services for Cinda Asset, Zhejiang Merchant Asset, Ningbo Asset, China Merchants Ping An Asset, Lixun Real Estate, Provincial Institute of Building Science and Technology, Industrial and Commercial Bank of China, etc.

Major projects she has handled: The bankruptcy reorganization project of Taihu Real Estate, 1.6 billion yuan; the debt collection project of 2 assets packages of Emperor Hotel of China Merchants Ping An Asset, 50 million yuan; the debt collection project of Huizuan Company of Zhejiang Merchant Asset, etc.