Li Yingying is a senior partner at Beijing Dacheng (Shanghai) Law Firm. She served as a partner at Dacheng Singapore Branch and a Chinese law expert at Dacheng New York Branch, holding a Master's degree in Law (Exemption from examination). Li obtained the qualification of Chinese lawyer in 1996 and has been engaged in dispute resolution business for more than 20 years, providing related legal services for multiple financial institutions and well-known enterprises. Li is well acknowledged as one of the top expert lawyers in this field, enjoying a remarkable reputation in handling major and complicated projects and dispute resolution issues. Li displays great ability and sensibility to find out the crucial breakthroughs of cases, which largely depends on her comprehensive mastery of business pattern, project practice, laws and regulations, and judicial tendencies, to which field the cases belong. Li also accumulated years of working experience in the procuratorate and has acquired profound professional knowledge in financial area. Based on rigorous, meticulous, and logically rigorous criminal experience, Li delves into the problems and manages to solve them in civil and commercial cases, providing clients with multi-dimensional, efficient, and pragmatic dispute resolution solutions.

Dispute Resolution

Case of margin filling dispute between a certain bank and Everbright Capital: The judgment in this case provided guidance for the recognition principles of credit enhancement measures such as margin filling in private equity asset management business in practice, involving a total amount of 3.5 billion RMB approximately.

Case of equity acquisition dispute between a certain investor and a coal mining enterprise in Inner Mongolia: This case was a cross disciplinary case of civil dispute and criminal offense, highly concerned by the local government, involving a total amount of 5 billion RMB approximately.

Case of debt restructuring between an investor and a certain company: In this case where the actual controller of the debtor had already been involved in criminal proceedings, the rights and interests of investors were successfully protected by activating other assets, involving a total amount of 3.9 billion RMB approximately.

Two cases of a trust company v. Shimao for debt and equity repurchase: Through a detailed analysis of the legal relationships and evidence in the case, and a precise grasp of financial regulatory requirements such as the New Asset Management Regulations, a winning judgment was obtained, involving a total amount of 3.4 billion RMB approximately.

Case of financial loan dispute between a certain bank and a photovoltaic new energy power generation enterprise: Assisting the bank in directly filing a lawsuit on behalf of the priority and inferior beneficiaries of the trust plan, achieving comprehensive victory, involving a total amount of 2.4 billion RMB approximately.

Case of a dispute over a warehousing contract between an international commodity trader and Qingdao Decheng Mining: This case originated from a breach of financing in commodity trade. Decheng Mining fraudulently obtained payment from a bank using a false warehouse receipt, involving a total amount of 1.6 billion RMB approximately.

Case of a bank v. Hong Kong Lefeng Mobile, LeEco Holdings, Jia Yueting, etc. financial loan contracts: This case was the first case of financial institutions suing Jia Yueting and LeEco companies, successfully disposing of Jia Yueting's shares in Hong Kong listed company Coolpad Group and Jia Yueting's domestic assets, involving a total amount of 1.4 billion HKD approximately.

Case of equity dispute between a certain company and a lithium mining energy company: By comprehensively applying the provisions of the Company Law, Securities Law, and State-owned Assets Supervision and Administration, the core demand of customers to retain scarce resources was achieved, involving a total amount of 1.46 billion RMB approximately.

Case of control and clearance of a private equity fund and Yinyi Holdings Private Equity Investment Fund Project: The case involves the bankruptcy reorganization of 17 companies of Yinyi Group and listed company Yinyi Shares. The disposal plan took litigation, acquisition, and post-bankruptcy reorganization disposal strategies into account, involving a total amount of 1.1 billion RMB approximately.

Case of a bankruptcy reorganization project of an overseas company participating with a silicon industry enterprise: Assisting the overseas company as a restructuring investor to participate in the bankruptcy reorganization of the silicon industry limited company, involving a total amount of 1 billion RMB approximately.

Case of repurchase of private placement shares between a trust company and a major shareholder of a listed company: This case was of media and stock exchange concern. The debtor was a wholly-owned subsidiary of Zhuhai State owned Assets Supervision and Administration Commission, involving a total amount of 1 billion RMB approximately.

Case of subrogation litigation of The 18th Wusi, a subsidiary of a certain fund: The first domestic case brought by a financial institution LP on behalf of a limited partnership in a case where private equity funds and fund managers had already been involved in criminal proceedings, and a winning judgment was obtained, which was of pioneering significance and involves a total amount of 0.9 billion RMB approximately.

Case of dispute between an asset management company and Dingji Real Estate: In the case where the debtor's actual controller had been criminally arrested, the solution started from litigation and non-litigation debt restructuring to provide customers with value-added legal services that maximize efficiency, involving an amount of 0.8 billion RMB approximately.

Case of a bank v. a central enterprise for third-party revocation: Due to the debtor's infringement of the bank's financial rights through false litigation with a central enterprise, assisting the bank in filing a third-party revocation lawsuit, the court's effective judgment was revoked, involving an amount of 0.7 billion RMB approximately.

Case of fund subsidiaries' participation in debtor bankruptcy liquidation: Under pressure from the local government of the debtor to resolve petition issues, assisting clients in obtaining assets through debt settlement plans, and obtained recognition from the administrator for unrecognized debts, involving an amount of 0.7 billion RMB approximately.

Case of real estate dispute between a company and China Security-Fire Co., Ltd.: After reviewing several years of public announcements of the listed company and discovering contradictions with the project transfer documents, the real estate transfer dispute was resolved through negotiation and settlement, involving a total amount of 0.6 billion RMB approximately.

Case of a bankruptcy pre restructuring project of a certain photovoltaic power generation enterprise: After discovering that the debtor had evaded debts through the pre restructuring procedure, timely communication was made with the court to terminate the pre restructuring procedure, involving a total amount of 0.6 billion RMB approximately.

Case of dispute between an asset management company and Shanghai Life Insurance Trust: Based on a precise understanding and application of the New Asset Management Regulations and relevant regulations of insurance companies, clarifying the channel business and invalidity situation, the case was won, involving a total amount of 0.5 billion RMB approximately.

Cases of disputes over compensation for damages suffered by investors in a private equity fund and securities investment fund: This case was a classic case of investors suing managers for compensation in the financial asset management business field, involving a total amount of 0.5 billion RMB approximately.

Case of dispute between an asset management company and Xindingming Film and Television Fund: Pioneering in filing a subrogation lawsuit for contractual fund unit holders, representing clients to directly file a lawsuit against the financing party of a film and television project and obtain a winning judgment, involving a total amount of 0.5 billion RMB approximately.

Case of a certain company applied for non enforcement of an arbitration award as an outsider: In the case where the client lost the relief for applying for revocation of the arbitration award and the respondent applied for non enforcement of the arbitration award relief, the company proposed and implemented a court ruling not to enforce the arbitration award, effectively recovering a loss of 0.42 billion RMB for the client.

Case of compensation between a subsidiary of a certain fund and Hunan Zhigao investors: a typical case of nested channels in asset management plans and trust plans, involving a total amount of 0.3 billion RMB approximately.

Cases of disputes over the right to request the return of bill benefits: Through the strategy of litigation and property rights claims, helping customers recover bank acceptance bill payments involving 23 commercial banks that have passed the statute of limitations for bill rights and litigation in only over 3 months, involving a total amount of 0.1 billion RMB approximately.

Case of contract dispute between an economic development zone management committee and an investment attraction enterprise: In response to the alleged fraud of government subsidies and investment funds by a " star enterprise" in investment attraction, customer concerns were dispelled through on-site investigation and detailed analysis. Finally, the case was successfully assisted in recovering all funds from customers through " Promoting civil cases through criminal cases, and combining criminal and civil cases" , involving a total amount of 0.1 billion RMB approximate

Non-performing Assets Disposal

As the legal advisor to General Electric (GE) in the United States, Li assisted the company with investing 10.4 billion RMB in non-performing assets through international bidding and establishing the joint-venture project with Dongfang Asset Management. This project was the most representative example of overseas funds acquiring non-performing asset packages in the early stages of the market, and the first non-performing asset project that GE had entered China in 2007. Li has been serving as the legal advisor for GE'' subsequent non-performing asset projects in China since then.

As the general legal advisor to Goldman Sachs Asia's non-performing asset business in China, Li has been fully participating in the non-performing asset project since 2015, collaborating with multiple parties to handle cases and provided opinions and suggestions on the working papers of the case lawyers. Li also explained Chinese law to clients with legal backgrounds in Hong Kong in both Chinese and English.

As the legal advisor to a sino foreign cooperative asset management company, Li participated in the disposal and recovery of the company's non-performing assets worth billions of RMB.

As the legal advisor to a domestic bank, Li provided legal services for the non-performing assets packaged and sold by the bank, which was worth 2.8 billion RMB approximately.

As the legal advisor to an internationally renowned investment bank, Li participated in the acquisition of non-performing assets packaged and sold by China Eastern Asset Management Company, which was worth 2.2 billion RMB.

As the legal advisor to a domestic asset management company, Li participated in the acquisition of non-performing assets packaged and sold by Huaxia Bank, which was worth 2 billion RMB approximately.

As the legal advisor to a domestic bank, Li provided legal services for the bank to package and sell non-performing assets worth RMB 2 billion approximately.

As the legal advisor to a foreign fund, Li participated in the acquisition of non-performing assets packaged and sold by China Cinda Asset Management Company.

As the legal advisor to an internationally renowned financial group, Li provided legal services for the acquisition of non-performing asset packaged by China Huarong Asset Management Company and China Dongfang Asset Management Company.

Pan Asset Management

As the legal advisor to a state-owned financial holding group, Li provided legal services for the legal risk disposal and prevention projects of its asset management business. Li conducted a comprehensive analysis of over 50 risk projects of the trust company, securities company and asset management company under the state-owned financial holding group, and issued a report on legal risk disposal and prevention. Li also conducted legal research on common legal risk points and judicial determinations in the practice of trust business, and issued a " Research Report on Legal Risk Management

As the legal advisor to a trust company, Li drafted and formulated relevant business systems and a complete set of business contract texts for property rights trust projects.

As the legal advisor to a foreign-owned bank, Li provided legal services for risk control in the bank's RMB operations.

As the legal advisor to a domestic bank, Li participated in a cross-border M&A loan project with a quota of 64 million euros.

As the legal advisor to a domestic financial leasing company, Li provided legal services for its overseas 200-million-USD syndicated loan project.

As the legal advisor to a domestic bank, Li provided legal services for its 6-billion-RMB stock and bond real estate investment project.

As the legal advisor to a domestic financing leasing company, Li provided legal services for its overseas 200-million-USD syndicated loan project led by overseas Bank B and Bank C.

As the legal counsel to a domestic bank, Li provided legal services for its 2-billion-RMB revolving credit commodity finance reinsurance project.

Li provided legal services to a certain fund project, which integrated complex legal issues such as insurance asset management, dual GP private equity funds, investment in directed issuance/convertible bonds of three listed companies, absorption and merger of the parent company by a listed company, asset injection of subsidiaries into listed companies, military industry, and state-owned assets, as well as the construction of transaction structures.

As the legal counsel to an alternative investment subsidiary of a securities firm, Li participated in drafting the transaction documents for the A+++ round investment project of Hanto Technology.

As the legal advisor to a securities non-traditional investment subsidiary company, Li drafted transaction documents and issued legal opinions for the Genesis Village Jinhai Fund project.

As legal counsel to a domestic finance leasing company, I participated in the negotiation and drafting of transaction documents for the trainer aircraft finance leasing project of the Diamond Aircraft Industries.

Domestic and Foreign Bond Issuance and Asset Securitization

As the legal advisor to the issuer of a small public offering corporate bond project worth 20 billion RMB in 2023, Li provided professional legal services for the registration and issuance of this bond, including conducting due diligence, issuing legal opinions and reviewing the prospectus as well as other transaction documents.

As the legal advisor to the issuer of a renewable corporate bond project worth 5 billion RMB in 2023, Li conducted legal due diligence on the issuer and its subsidiaries, reviewed the prospectus, shareholder meeting rules and other transaction documents, verified the renewable special terms, and issued legal opinion.

As the legal advisor to the issuer of a private equity corporate bond project worth 6 billion RMB in 2023, Li reviewed the documents for the bond issuance of the project, completed legal due diligence on the project issuer, and issued legal opinion.

As the legal advisor to the issuer of the issuance of small public corporate bonds (sustainable linked) project in 2022, Li provided professional and efficient legal services throughout the entire bond issuance process, thoroughly completing detailed legal due diligence, reviewing issuance documents, and issuing legal opinions.

As the legal advisor to the issuer of the issuance of 20-billion-RMB small public offering corporate bonds and renewable corporate bonds, Li provided legal services throughout the bond issuance process, completed legal due diligence, reviewed relevant issuance documents, and issued legal opinion.

As the legal advisor to the issuer of a private placement corporate bond project worth 5 billion RMB for a certain company in 2021, Li conducted legal due diligence on the relevant parties of the project, reviewing the corporate bond issuance documents, and issued legal opinion.

As the legal advisor to the issuer of the issuance of an ultra-short-term financing bonds project worth 10 billion RMB, Li efficiently and professionally conducted legal due diligence and issued legal opinion.

As the legal advisor to the issuer of the registration and issuance of a short-term financing bonds project worth 5 billion RMB in 2023, Li conducted due diligence on the issuer and issued legal opinion. This project was one of the first batch of projects registered and issued by the NAFMII using the Frequent Issuer Program (FIP) model.

As the legal advisor to the issuer of the registration and issuance of a medium-term notes project worth 15 billion RMB in 2023, Li conducted legal due diligence on the issuer of this project, reviewing the prospectus, and issued legal opinion.

As the legal advisor to the issuer of a non-public directional debt financing tool project with a registered issuance worth 10 billion RMB in 2021, Li provided legal services throughout the project issuance, completing legal due diligence, reviewing relevant issuance documents, and issued legal opinion.

As the legal advisor to the issuer of a certain company's registration and issuance of a medium and equity medium bills project worth 12 billion RMB in 2021, Li provided professional and efficient legal services throughout the registration and issuance process of the project, completing detailed legal due diligence, reviewing issuance documents, and issued legal opinion.

As the legal advisor to the financial bonds of a financial leasing company, Li conducted legal due diligence on the issuer and issued legal opinion.

As the legal advisor to the issuer of 2.5-billion-RMB financial bonds of a certain financial leasing company in 2021, Li completed due diligence and drafted legal opinions and transaction documents, providing professional, efficient, and high-quality legal services for this project. Li also cooperated with other intermediary institutions to successfully complete the issuance of this project.

As the legal advisor to the issuer of 2-billion-RMB financial bonds for a certain financial leasing company in 2021, Li conducted legal due diligence on the relevant parties of the project, reviewing the issuance documents, and issued legal opinion.

As the legal advisor for the issuer of a company's 1-billion-RMB debt financing plan listed on the Beijing Financial Asset Exchange in 2022, Li provided full legal services for the project, including due diligence, drafting and revising transaction documents, and issued legal opinions.

As the legal advisor to the issuer of a company's 1.5-billion-RMB debt financing plan listed on the Beijing Financial Asset Exchange in 2021, Li provided professional, efficient, and high-quality legal services for this project, and successfully completed the issuance of this project in cooperation with other intermediary institutions.

As the Chinese legal advisor to the issuer of 1.5-billion-RMB free-trade-zone bonds for a financing leasing company in 2023, Li conducted due diligence on the issuer's domestic laws, reviewed the issuance documents, and issued legal opinion. This is the first time the issuer has issued free trade zone bonds.

As the Chinese legal advisor to the underwriter of a 300-million-USD bond issuance project in 2022, Li provided comprehensive legal services for this project in China.

As the Chinese legal advisor to the issuer of a 300-million-USD private-equity bond project of a leading financing leasing company in 2021, Li provided professional and efficient legal services throughout the entire bond issuance process, completing detailed domestic legal due diligence, reviewing issuance documents, and issued legal opinions.

As the Chinese legal advisor to the issuer of a 300 million USD private-equity bond project of a Hong Kong subsidiary of a company, Li provided full legal services for the project issuance, designing project transaction plans, completing legal due diligence, drafting and revising transaction documents, and issued legal opinions.

As the Chinese legal adviser to the issuer of the " 1.1-billion-RMB Dim-sum bond issuance project of Far East Horizon Ltd. in Hong Kong" (the first domestic financial leasing company's RMB bond issuance project in Hong Kong), Li assisted in the project's issuance in Hong Kong, deeply participating in the drafting of transaction documents, assisting in the design of the project's transaction structure, conducting legal due diligence and issued legal opinions, and provided professional and efficient legal services.

As a special legal advisor to a certain financing leasing company's special plan for asset support of financing leasing debt in 2024, Li screened underlying assets, conducting legal due diligence, drafting a complete set of transaction documents, and issued a legal opinion.

As a special legal advisor to the " Great Wall Financial Leasing Co., Ltd.'s Changxing the Fourth Special Plan for Asset Support" , Li sorted and screened complex underlying debt assets, completing due diligence, drafting legal opinions and transaction documents, providing professional and efficient legal services for this project, and cooperated with other intermediary agencies to successfully complete the issuance of this project.

As a special legal advisor to the " Special Plan for Asset Support of Great Wall Financial Leasing Co., Ltd.'s Guorui-Yongying Leasing Financing Lease Debt" , Li participated in the design of the project transaction structure, drafting transaction documents, conducting legal due diligence, and issued legal opinions throughout the entire process.

As a special legal advisor to the " Phase 1-10 of Special Plan for Asset Support of Great Wall Financial Leasing Co., Ltd.'s Guorui-Wanli" , Li deeply participated in the drafting of transaction documents, assisted in the design of project transaction structures, conducted legal due diligence and issued legal opinions, and provided professional legal services.

As a special legal advisor to the " ABS Project of Water-Supply-Fee-and-Income Rights of Anshun city" , Li conducted detailed legal due diligence on relevant parties, assisting the project team in designing transaction structures, completing the drafting of professional transaction documents, and efficiently issued legal opinion.

As a special legal advisor to the " Phase 1-2 of ABS Project of Qinchuan Financial Leasing Co., Ltd." , Li provided full legal services for the issuance of the special plan, designing project transaction plans, completing legal due diligence, drafting and revising transaction documents, and issued legal opinion.

As a special legal advisor for the " Phase 3-4 of ABS Project of Deewin Financial Leasing Co., Ltd." , Li conducted detailed legal due diligence on relevant parties, assisting the project team in designing transaction structures, completing the drafting of professional transaction documents, and efficiently issued legal opinions.

As a special legal advisor to the " ABS Project of Billions Financial Leasing Co., Ltd." , Li participated throughout the process of designing transaction structure, conducting due diligence, and drafted legal opinions and transaction documents.

As a special legal advisor to the " Phase 2 of Special Plan for Asset Support of Guolian Securities-Guotai Leasing Co., Ltd." , Li worked closely with the issuer and various intermediary institutions in order to design a complete transaction structure as well as comprehensive terms, conducting legal due diligence, and issued legal opinion.

As a special legal advisor to the " Phase 1 of Green Special Plan for Asset Support of JinyuanHuaxing Leasing Co., Ltd." , Li assisted the company in selecting basic assets as well as drafting transaction documents, issuing legal opinions and provided comprehensive and high-quality legal services for the establishment of this asset support special plan. This project was the first green ABS project in the leasing industry in Jiangxi Province.

As a special legal advisor to the " Phase 1 of Jianghai Securities-Harbin Junxin Financing Guaranty Co., Ltd.'s Accounts Receivable Debt Asset Backed Securities (Epidemic Prevention and Control of ABS)" , Li assisted in its successful issuance on April 24, 2020 at the Shanghai Stock Exchange, providing full legal services for the issuance of the special plan, which included designing transaction plan, conducting legal due diligence, drafting and modifying transaction documents, and issuing legal opinions.

As the legal advisor for the " Special Plan for Asset Support of the Final Payment of Great Wall Capital Financial Leasing Co., Ltd.'s Jiaxin-Zhongliang Real Estate Group" , Li assisted Zhongliang Real Estate Group in applying for and issuing the company's first domestic purchase final payment asset securitization project on the Shenzhen Stock Exchange. As the special legal advisor for the project, Li participated in the entire process of designing transaction structure, conducting due diligence, and drafting of legal opinions and transaction documents.