Work Highlights
(Pre-)reorganization/debt restructuring projects involving domestic listed companies
Acted by appointment as the bankruptcy reorganization administrator for Sichuan Golden Summit (Group) Co., Ltd. (600678.SH)
Acted by appointment as the bankruptcy reorganization administrator for Yanbian Shixian Bailu Papermaking Co., Ltd. (600462.SH)
Acted by appointment as the special legal counsel for the investor of Peking University Founder Group, participating in overall risk management of the corporate and shareholder for Peking University Founder Group and other listed companies
Acted a by appointment s the legal counsel for a controlling shareholder of an A-share listed company, participating in the bankruptcy reorganization and shareholder debt restructuring work of the company
Acted by appointment as the legal counsel for the controlling shareholder of Poten Environment Group Co., Ltd. (603603.SH) in the bankruptcy reorganization project of the company
Acted by appointment as the legal counsel for the investor in the bankruptcy reorganization of listed company Shandong Oriental Ocean Sci-Tech Co., Ltd. (002086.SZ)
Acted by appointment as the legal advisor for the controlling shareholders of three listed companies in the manufacturing, non-ferrous metals, and financial industries in a bankruptcy reorganization project
Advised on the acquisition of equity shares in a new holding platform subsequent to the restructuring of the core company Kangdexin (002450.SZ)
Acted by appointment as the bankruptcy administrator for a cultural industry A-share listed company and provided legal advice and support on introducing investors and related matters
Acted by appointment as the legal advisor for business partners and financing parties in the bankruptcy reorganization and related company debt restructuring of Pangda Automobile Trade Co., Ltd. (601258.SH)
Acted by appointment as the legal counsel for a state-owned enterprise in the acquisition of a traditional Chinese medicine A-share listed company through debt restructuring
Acted by appointment as the legal counsel for an asset management company in a restructuring project, providing legal services for the acquisition of state-owned equity in Anyang Iron and Steel Co., Ltd. (600569.SH)
Acted by appointment as the legal counsel for a state-owned enterprise in the urgent resolution of bond default risks of a large enterprise group and related listed company debt restructuring and credit enhancement projects
Other mandates omitted
Bankruptcy cases involving listed companies in Hong Kong and the United States
Acted as the administrator for the bankruptcy reorganization project of Shandong Qunxing Paper Co., Ltd. (03868.HK) and its affiliated companies
Served as the administrator for the bankruptcy reorganization project of Wuxi Suntech Power Co., Ltd. (NYSE: STP)
Acted as legal advisor for a financial institution as the vice chairman of the financial debt committee in bankruptcy reorganization and related litigation projects of 19 enterprises, including Fengxiang Co., Ltd. (09977.HK)
Served as the legal counsel for the restructuring of the actual controller of a Hong Kong listed company (which is a financial holdings group in the environmental protection sector)
Provided legal services for the debt restructuring project of a Hong Kong-listed company in the energy industry
Acted as the legal counsel for the overall risk mitigation and compliance project of a consumer service listed company in Hong Kong and its domestic A-share listed companies
Represented a leading technology company in debt restructuring projects with a large international technology group and designed restructuring plans for clients
Other matters omitted
Projects related to large financial institutions, state-owned enterprises liquidation, and project of policy research
Served as the bankruptcy administrator for the bankruptcy liquidation of Xin Hua Securities Co., Ltd.
Acted as legal counsel for the bankruptcy liquidation projects of subsidiaries of MCC
Acted by appointment as special legal counsel for self-liquidation and bankruptcy liquidation projects of enterprises under State Energy Group
Served as legal counsel and lead author on bankruptcy risk isolation issues in AMC investment and acquisition projects for a major asset management company
Others matters omitted
Duchao Zhang’s bio can be found here: https://en.zhonglun.com/team/zhangduchao.html
Publications
“Debt Restructuring”, CITIC Press, December 2020
“Bankruptcy and Litigation Practice Handout”, Law Press, February 2023
“Empirical Study on Solutions to Funds Occupation and Illegal Guarantees in Listed Companies”, Law Press, May 2024
“Mineral Resources and Mineral Rights Disputes: Case Study on The Practice of Mineral Resource and Mineral Right Disputes”, Law Press, August 2020
“White Paper on Industrial Data Element Registration (2023)” (member of editorial board), China Academy of Industrial Internet, November 2023
“Effectiveness Evaluation of Compliance Management System for Small and Medium-sized Enterprises” (member of editorial board), China Association of Small and Medium Enterprises, May 2022
“Compliance Guidelines for Generative Artificial Intelligence Data Applications” (drafter), China Electronic Chamber of Commerce
Personal
Mr. Duchao Zhang specializes in dispute resolution and debt restructuring and is especially adept at dealing with complex transactions and disputes involving commercial litigation, reorganization, pre-reorganization, out-of-court restructuring, corporate control, as well as special investment opportunities. He is experienced in developing diversified and comprehensive plans that integrate litigation and non-litigation solutions catering to commercial needs of his clients.
As a bankruptcy case administrator or litigation agent, Mr. Zhang has directly overseen or participated in numerous well-known large-scale projects in China. Additionally, he has served as a legal counsel to various domestic banks such as Agricultural Bank of China, and foreign banks including BNP Paribas, UniCredit Bank Ag, and Intesa Sanpaolo Bank, as well as asset management companies (AMCs) such as China Great Wall, China Huarong (now CITIC Financial), and China Cinda; trust companies such as Bohai Trust, Guolian Trust, and Jilin Trust; and also financial leasing companies such as Bohai Leasing; internet financial companies such as CreditEase and Jinxin Network; large state-owned enterprises such as China Energy Investment Group, China National Petroleum Corporation, FAW Group, China National Machinery Industry Corporation, CRRC, and Sinotrans; local state-owned enterprises such as Shanxi Coal International Energy, Shandong Energy, and Jinchuang Investment; private-sector enterprises such as HNA Group; emerging internet enterprises including Meituan, Didi, Tidy Washing Technology, and Zhigui Technology; traditional companies like Yili Group and Tong Ren Tang Group; as well as foreign listed companies and entrepreneurs from the United States, Singapore, and other countries, in numerous litigation and arbitration, debt restructuring, or non-performing asset disposal projects, providing comprehensive legal services to his clientele.
On top of such extensive track record, Mr. Zhang also serves as a strategic partner, providing end-to-end legal support to state-owned capital such as China Great Wall Fund and Galaxy Investment, as well as professional investors like Xingfu Anji (under China Fortune Land Development) and Bohai Trust, in special situation and debt restructuring relief projects/fields, in addition to which, Mr. Zhang offers one-stop services to distressed enterprises and shareholders, ranging from scheme design to fund introduction and asset promotion.
