Global Law Office
About
About GLO
The history of Global Law Office (hereinafter the “GLO”) dates back to the establishment of the Legal Consultant Office of China Council for the Promotion of International Trade (hereinafter the “CCPIT”) in 1979. By the approval of Ministry of Justice of the People’s Republic of China, we renamed as “China Global Law Office” in 1984 to take an international perspective on its business, fully embracing the outside world. After over 40 years of persistent efforts and development, we have become one of the prominent large comprehensive law firms in China legal industry.
GLO has been committing to the mission of “serving domestic and foreign clients with globalized vision, globalized team and globalized quality” since its inception, allowing us to always maintain leading position in the industry in the midst of ever-changing global economic environment. We are highly recommended as a leading PRC law firms being recognized as such by both international and domestic legal institutions for consecutive years, including the Chambers and Partners, The Legal 500 and Asian Legal Business, etc.
All lawyers of GLO are graduates from first-tier domestic and/or international law schools, most of whom hold LLM or higher degrees. Many partners have the qualification to practice law in the US, UK, Australia, Switzerland, New Zealand, Hong Kong, among others. Our lawyer team has excellent professional backgrounds, and many lawyers have experience of working at courts, domestic and foreign first-tier law firms or leading enterprises and organizations in the industry.
We provide comprehensive one-stop legal services for domestic and foreign clients from various sectors and industries. We are committed to a variety of industries, including but not limited to sub sectors such as banking, finance, insurance, securities, investment, trade, energy, mining, chemical engineering, steel, manufacturing, transportation, infrastructure and public facilities, life science and healthcare, telecommunication, media, and high technology, culture, entertainment & sports, real estate, hotel & leisure, catering and large consumption, and etc.
Our lawyers are able to apply practical and constructive comprehensive legal solutions by integrating excellent professional law skills with sophisticated business knowledge so as to solve various complex and fast-changing matters. With leading professional innovative capabilities, we are adept at creatively designing transaction structures as well as details. Over the last four decades, our expertise has helped set the agenda for change through precedents involving many of the country’s “firsts”.
We always uphold and practice the “Client first, service quality first” philosophy. Over the past four decades, with profound legal knowledge, extensive practice experience, high professional dedication and strong professional ethics sense, we have demonstrated and proved our values and won trust from domestic and foreign clients. In the future, we will continue to help domestic and foreign clients get enduring and long-term success via our unique advantages.
Our precedents
- The first Chinese investor’s large cross-border investment project in Turkey In 2019, Acquisition of the Turkey Istanbul Third Bosphorus Bridge and the Northern Marmara Motorway by Six-Party Consortium including Merchants Expressway
- The first large outbound investment and merger project by a Chinese company In 2017, ChemChina’s proposed acquisition of Swiss and US-listed Syngenta for $42.6bn
- The first reverse merger case in which a red chip Hong Kong listed public company spins off part of its China business to list on A share market In 2014, Skyworth Digital Holding Ltd, a Hong Kong listed public company, achieved the spin-off and listing of its domestic set-top box business (valued at RMB 3.5bn) via China Resources Jinhua Co., Ltd. in A share market
- The first state-owned red chip company listed in Hong Kong to acquire the controlling interest in an A-share company listed in China by means of a reverse takeover In 2009, Tianjin Port Development Holdings Limited (3382.HK) acquired shares in Tianjin Port Holdings Co., Ltd. (600717.SH) from Tianjin Port (Group) Co., Ltd. for a total consideration of HK$10,961m
- The first foreign general offer targeting Chinese companies on the Hong Kong Stock Exchange In 2002,SAB Miller’s general offer to buy Harbin Brewery Group in 2002
- The first offshore supplementary capital instruments issued by Chinese financial leasing companies In 2020, China Development Bank Financial Leasing Co., Ltd. successfully issued the first offshore supplementary capital instruments
- The first RMB dim sum bond in Central Asia In 2020, China Construction Bank Astana Branch successfully issued 1 billion offshore RMB bonds in the international bond capital market. The first landed in Central Asia was issued in offshore RMB and was jointly traded on the Astana International Exchange and Hong Kong Listed simultaneously
- First Coronavirus Combating Panda Bonds Issued by International Financial Organisations In 2020, New Development Bank issued Coronavirus Combating Bonds
- The first case in Chinese capital market in which a red chip architecture company directly issues A stocks and lists in domestic China In 2020, China Resources Microelectronics Limited (688396.SH) listed on Technology Innovation Board of Shanghai Stock Exchange
- The first perpetual bond issued by domestic non-bank financial institution In 2019, China Bond Insurance Co., Ltd.’s 2019 RMB1.5bn perpetual bond (phase I)
- The first China Industrial Internet SaaS (Software as a Service) listing In 2019, Fangduoduo.com (DUO) listing on Nasdaq Stock Exchange
- First offshore RMB bond listed in Hong Kong and Macau In 2019, Beijing Infrastructure Investment Co., Ltd. successfully issued 1 billion offshore RMB bonds in the bond markets of Hong Kong and Macau
- The first domestic rail transit company to optimize financing and supervise corporate bonds In 2019, Beijing Infrastructure Investment Co., Ltd. third bond
- The first international development agency RMB bond that has been registered and successfully issued (since the new rules for Panda bonds were issued in September 2018) In 2019, New Development Bank successfully issued RMB 3bn in bonds
- The first issuance of Panda Bonds by an international company in the PRC In 2014, Daimler AG successfully issued Panda Bonds
- The first issuance of CNY bonds in Hong Kong, London and Taiwan markets Between 2008 and 2013, the Dim Sum and Island Bonds issued by China Construction Bank Corporation Ltd as the first batch of Mainland-background issuers
- The first OTC derivatives master agreement and relevant definitions documents in the PRC Between 2007 and 2013, the key drafting member for the NAFMII Master Agreement and its Definitions
- The first credit risk mitigation agreement (the Chinese equivalent of CDS) and credit risk mitigation warrants in the PRC In 2009, the CRMA and CRMW issued by China Bond Insurance Co., Ltd. as protection seller
- The first SOE red chip company listed in Hong Kong to acquire controlling interest in an A-share company listed in China In 2009, Tianjin Port Development Holdings Limited (3382.HK) through its wholly-owned subsidiary Grand Point Investment Limited, acquired from Tianjin Port (Group) Co., Ltd 951,512,511 shares in Tianjin Port Holdings Co., Ltd. (600717.SH).
- The first issuance of medium-term notes in the PRC interbank bond market In 2008, Huadian Group as the first batch of issuers
- The first onshore asset securitisation transaction In 2003, Securitisation of financial receivables of RMB13.25bn of China Huarong Asset Management Company
- The first offshore securitisation transaction, backed by receivables generated from PRC-based originators’ offshore receivables In 1997, COSCO offshore freight receivables securitisation project
- The first and second N-Share offering and listing of PRC-based enterprises on the New York Stock Exchange In 1992, Brilliance Automotive China Holdings Ltd and in 1994, China Yuchai International Ltd listed on the New York Stock Exchange
- The first leasing of aircraft In 2001, Southern Airlines of China
- The first power plant with overseas project financing In 2000, Shandong Rizhao Power Plant
- The first nuclear power plant project In 1987, Dayawan Nuclear Power Plant
- The first Sino-USA joint venture project In 1985, Pingshuo Coal Mine
- The first case of quite significant trademark ownership case in Chinese intellectual property In 2019, Yoovidhya Family (“Redbull” trademark) intellectual property disputes
- The first maritime litigation case involving the International Convention on Civil Liability for Oil Pollution Damage of 1969 In 2002, the “Yian Jiu You 2”case
- The first case to apply the Docdex Regulations of the International Chamber of Commerce regarding a L/C dispute in litigation at a PRC court In 1996, Beijing Commercial Bank L/C case
- The first successful case for recognition and enforcement of a foreign maritime arbitration award In 1993, the vessel “Garden Gate” case
- The first maritime case involving the whole procedure from ship arresting to auction of ship In 1985, the vessel “Lago” case
- The first case of a Chinese company defending a lawsuit in the USA In 1979, the “Firecracker Case”
- The first arbitration case involving a PRC company in Stockholm Represented a joint-venture company based in Guangdong Province before the Arbitration Institute of Stockholm Chamber of Commerce
- Represent China Chamber of International Commerce (CCOIC) in the high-profile Section 301 investigation initiated by the US with respect to China’s technology acts, policies and practices in 2017.