Dacheng Provided Rong Baozhai Legal Service in Reorganization and Restructuring and in IPO

On July 13, 2009, Dacheng Law Offices and Humane Law Firm made a legal service contract with Rong Baozhai. Dacheng appointed senior partner Yu Xiaofeng to lead the team to provide specific legal service in reorganization and restructuring and in IPO for Rong Baozhai.
Rong Baozhai, established in 1627, with a history of over 300 years, was a subsidiary of China Publishing Group. Rong Baozhai traded initially from exclusively in the four treasures of the study to integrated cultural enterprises specialized in multi services, including sales of calligraphy art, painting by watercolor black printing, book publishing, collection, auction of arts, art education and other art services. As a well-known Chinese traditional culture and art shop, focused on researching, developing, promoting and refining traditional crafting technique, Rong Baozhai tried best to collect cultural relics of loss, therefore Rong Baozhai was a important cultural platform for flourishing Chinese traditional culture and enhancing communication among home and abroad.
Dacheng together with Humane Law Firm jointly provided all-round legal service in reorganization and restructuring and in IPO for Rong Baozhai. By responsible investigation of stages, delimitation of state-owned property, confirmation, disposal and protection of intangible assets, examining and revising plans of transformation and stuff arrangement, drafting, reviewing and modifying legal documents, providing exports’ legal opinions, helping to form an incorporation of an partnership, participating bringing strategic investment and business negotiation, explaining legal affairs, designing plans for listing, lawyers’ witness and other legal services to help the enterprise to reasonably foresee, prevent and eliminate legal risks and business risks, Dacheng and Humane Law Firm helped Rong Baozhai in reorganization, restructuring and IPO, further improving the corporate governance structure by reorganization and restructuring; enhancing their core competitiveness and international influence by IPO. The most important thing was let Rong Baozhai and Chinese traditional culture and art march towards the world.