Recently, Hebei State-owned Assets Holding & Operation Co., Ltd. selected perennial legal counsel through public bidding, and Grandall Shijiazhuang Office won the bid.

The company is a large state-owned enterprise wholly funded by the State-owned Assets Supervision and Administration Commission of Hebei Province, with a registered capital of RMB 2.1 billion. Now it owns 10 secondary professional platforms, has equity participation in 7 large enterprises, and controls 1 NEEQ-listed company. As a provincial large comprehensive state-owned platform for assets management, capital operation and investment and financing, it has been recognized by the provincial government as the only provincial state-owned pilot capital operation company, and was rated as AA+ by domestic authoritative rating agency on 3 February 2021.

GAO Xiaoguang (director and managing partner), XU Wenli (managing partner) and GUI Guanhao (partner) together with other lawyers of Grandall Shijiazhuang Office provided legal service for the company on corporate governance, compliance, financing and investment, PE fund, M&A, and dispute resolution, etc.