DeHeng Assisted Shenzhen SEZ Construction Group in Restructuring Grandland Group

2023-12-26

On December 22, 2023, the Shenzhen Intermediate People’s Court ruled to confirm that Shenzhen Grandland Group Co., Ltd. (“Grandland Group,” stock code: 002482. SZ) had completed the implementation of the reorganization plan and terminated its reorganization procedure.

DeHeng assisted the investor Shenzhen SEZ Construction Group Co., Ltd. in reorganizing its investment in Grandland Group, and helped it become the controlling shareholder, creating another milestone in the practice area of restructuring and investing in listed companies on behalf of investors.

As the legal counsel, the DeHeng team, led by partners Zha Xiaobin, Yang Zhou and Chen Xuguang of its Shenzhen Office, and with primary support from Liu Zexu, Wang Lei, Zhang Yachen and Chen Zhenglin, worked closely and actively with other stakeholders, and provided high-quality and efficient legal services for the project.