2007 has been an extremely successful year for JiaYuan’s Capital Markets practice. During the period from December 2006 to December 2007, we have acted on one third (1/3) of the 15 IPOs by Chinese companies on the main board of the Hong Kong Stock Exchange. Meanwhile, in other areas such as domestic IPO, M&A and foreign direct investment, we have also earned our reputation for excellence. We have represented top-notch clients in many cutting-edge transactions, just name a few:

• The groundbreaking “first A then H” listing model -- China Railway Group’s dual listing in Shanghai and Hong Kong

• Bear Stearns and CITIC Securities US$2 billion cross-shareholding plan and the proposed establishment of a joint venture investment bank

• The first entire-business listing of a state-owned enterprise – China Communications Construction Company Limited

• The US$5.2 billion H-shares and A-shares Offerings of China Coal Energy Company Limited

• The global offering and the subsequent Placing of New Shares of Hunan Nonferrous Metals Corporation Limited

• The US$540 million global IPO and listing of Sinoma International Engineering Co., Ltd. on the Hong Kong Stock Exchange

• The issue of US$855 million Separately Tradable Convertible Bonds by SAIC Motor

      With in-depth understanding of China’s capital market and increasingly complex regulatory process, we have presented multinationals and many of China's largest and best-known businesses in all types of transactions, from establishing new foreign invested enterprises to complex mergers and acquisitions, from private and public debt and equity offerings to advice on daily business operations.

     The firm is staffed by locally qualified lawyers and local consultants conversant with the systems, practicalities, and language of law in China. In addition, all attorneys advising our international clients have received LL.M. or J.D. degree from preeminent U.S. or U.K. law schools and/or have qualified in common law jurisdictions. Their experience in both Chinese and Western legal environments provides them with in-depth understanding of differing business cultures and legal systems. This experience and knowledge directly benefits our international clients. As a group, JiaYuan lawyers are fluent in English.