Year 2010 has witnessed a prosperous year for PE/VC funds in China in both exits and investments, and Zhong Lun team continued to play an active role in the market. E-commerce, RMB fund and PIPE deals are among the key words of year 2010’s activities, and the following are certain representative projects from Zhong Lun.
In November 2010, Zhong Lun represented a consortium of investors led by SIG to complete an early stage financing to Time Made Limited, a leading online operator for private label lady shoes. Zhong Lun provided one-stop legal services to the investors, and its legal team was led by Anthony Zhao and Luke Zhang, and also included Xu Renjie.
In May 2010, Och-Ziff completed a PIPE financing to Dukang Distillers Holdings Limited (formerly known as Trump Dragon Distillers Holdings Limited), a leading distiller manufacturer listed on SGX-ST. Dukang Distillers later was approved to issue TDRs on Taiwan Stock Exchange in December 2010. Zhong Lun acted as the PRC counsel for Och-Ziff in these transactions, and its team was led by Anthony Zhao and included William Jia, Fang Kun and Vega Huang.
In April 2010, DT Capital used its USD and RMB funds to jointly invest in Porton Fine Chemicals Limited, a leading custom and contract services provider for the global pharmaceutical industry. Zhong Lun represented DT Capital in this transaction, and its legal term was led by Anthony Zhao and included William Jia, Mona Hu and Vega Huang.