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Dacheng Establishes Strategic Cooperation Relationship with Crimson Capital

On August 20 2010, Dacheng law offices’ senior partner Zhao Baodong, Xu Yongqian and Dong Huachun met Mr. Mart Bakal, the founder and global chair of Crimson Capital China. Both sides respectively introduced their position and strength in their own domains to each other. They clarified the common ground of cooperation and the two parties agreed to build strategic cooperation relationship.
 
Crimson Capital was established in 1991 in New York to provide privatization and restructuring expertise to emerging markets in Eastern Europe. Since their inception, they have restructured over 700 State-owned Enterprises and have brought over US$7 billion of international capital to invest in companies in Eastern Europe. Crimson professionals have helped companies and governments in 25 countries across five continents. Crimson Capital entered in China in 2007.