DeHeng Advised on the Signing of the Mixed Ownership

Reform of Poly Changda Engineering 

2021-10-27

On October 25, 2021, the signing ceremony for the capital and share increase agreement for the mixed ownership reform of Poly Changda Engineering Co., Ltd. was held in Guangzhou. Executives of Poly Group, Poly International, Guangdong Communications Group, Kaiser Financial Group and Guangdong Hengjian Investment Holding attended the signing ceremony.

Partner Li Guangxin, lawyers Li Jiahui and Qi Hui and paralegal Wu Dan from DeHeng's Beijing Office provided whole-process legal services for the mixed ownership reform, including assisting in the formulation of the mixed-ownership reform plan, capital increase plan and employee stock ownership plan, assisting in due diligence and screening of strategic investors, and completing approval procedures, listing and compliance work. DeHeng will continue to serve the reform and development of state-owned enterprises and provide comprehensive and reliable legal services in the fields of mixed-ownership reform and compliance.

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