DeHeng Provides Legal Services for
the Establishment of Beijing Yinlv Ronghai Fund LLP

2017-06-22

Recently, Aluminum Corporation of China Limited, China Credit Trust Co., Ltd. (on behalf of CHALCO No. 1 single fund trust) and CHALCO (Beijing) Fund Management Co., Ltd. jointly invested and established Beijing Yinlv Ronghai Fund LLP. (Limited Partnership). With a scale of 3.755 billion yuan, the fund focuses on the reform and profitability, project investment, mergers and acquisitions, liquidity replenishment, and other high-quality projects of CHALCO. DeHeng Law Offices provided professional legal services for this project.

Beijing Yinlv Ronghai Fund is the second SOE reform and development fund after the successful establishment of Beijing Yinlv Rongfa Fund by CHALCO. The establishment of the fund facilitates the strategic cooperation between CHALCO and Bank of Shanghai. It is a vital measure for CHALCO to implement the requirement of the state of serving the real economy through financial innovation and is a concrete manifestation of promoting the integration of industry and finance and accelerating the supply-side structural reform. It marks a new step towards the cooperation between banks and enterprises.

Lawyer Mou Hongbao of DeHeng Law Offices provided timely, professional and efficient stellar legal services for the establishment of this fund.