Hylands Advised CCCC First Highway Engineering Group on Acquiring Hunan Yizhong Water Conservancy Engineering Co., Ltd.

As the successor to Hunan Yizhong Water Conservancy Engineering Co., Ltd., CCCC First Highway Engineering Group Water Engineering Co., Ltd. was officially born on May 22, 2019. On April 26, 2019, CCCC First Highway Engineering Group signed an agreement with the original shareholders of Hunan Yizhong to be formally assigned 51% of shares, becoming a controlling shareholder.

This acquisition is an important move for CCCC First Highway Engineering Group to implement the “Double Hundred Action”, marking a breakthrough in the introduction of mixed ownership. It is a potent move for CCCC First Highway Engineering Group to meet the enormous market demands for water conservancy and boost comprehensive competitiveness and is an inevitable way for the Group to realize transformation and upgrading.

As a special legal counsel in this acquisition program, Hylands provided relevant legal services. Lawyers Zhang Miao (partner) and Pei Zhoujian and assistant lawyer Fan Jiaqi, who are members of the real estate, construction engineering and PPP team, provided legal services for this acquisition program.

As one of the earliest law firms engaged in real estate legal services in China, Hylands has rich experience in providing various legal services for major participants in real estate and construction project fields. The clients of Hylands include the Global 500 and large and medium-sized SOEs, including but not limited to China Railway Group Limited, China Huadian Engineering Co., Ltd., CCCC First Highway Engineering Group, China Railway Construction Engineering Group, Datang International Power Generation, Beijing Construction Engineering Group, Sino-Ocean Property, and Oriental Ginza Plaza Co., Ltd.

Hylands is committed to providing high-caliber services for enterprises that develop the real estate market and related investment sectors in China and that have construction engineering business demands. Hylands is capable of providing a full range of legal services in real estate and construction engineering sectors in a complex, ever-changing and localized business and regulatory environment. It endeavors to provide clients with professional, easy-to-understand solutions acceptable to the relevant authorities, and prevent legal risks wherever possible to meet clients’ business needs and help them fulfil their goals.

Related lawyers