Dacheng Attorneys Retained as General Outside Counsel for Head Office of Bank of Dongguan

A team of attorneys based in Dacheng’s Guangzhou office were recently retained by the head office of Bank of Dongguan as general outside counsel, thanks to their competitive strength in the practice of finance. The team is composed of attorneys Zhang Zhike, Lu Yuefeng, Zhao Ya and Yao Jun.

Founded on September 23 1999 with RMB163.68mln of registered capital, Bank of Dongguan Co., Ltd. now boasts of one business department, 7 subsidiary banks (located in Guangzhou, Shenzhen, Huizhou, Changsha, Foshan, Hefei and Zhuhai respectively), 33 directly administered branches, 4 first-level branches, 75 second-level branches and two subsidiaries (KaixianTaiye Village Bank Co., Ltd. and DongyuanTaiye Village Bank Co., Ltd.). In 2010, it was selected as one of the “Top 10 Urban Commercial Banks in China” by Money Week (“Licaizhoubao” in Chinese pinyin). In 2012, its remarkable achievements in financial innovation won a first prize from the government of Guangdong province, making it the only bank winning the honor in the financial innovation category.