Board member, vice president and general counsel | Tiens Group, China
Chenyang Xie
Board member, vice president and general counsel | Tiens Group, China
Vice president and general counsel | Foxconn Industrial Internet
Vice president and chief legal officer | Foxconn Industrial Internet
What are the most important transactions and litigations that you have been involved in during the last two years? First, the Wisconsin investment and Foxconn Industrial Internet’s (Fii) North American...
Since joining Tiens Group, an international conglomerate that develops a diverse range of healthcare products, in 2012 Dr. Chenyang Xie has played an integral role in the company’s most significant developments. Through ‘thorough legal research and diligent follow-up’ Xie led his team successfully to settle a tough commercial dispute between a leading British bank and Tiens’ UK subsidiary, recovering the full amount of £11m for the company. In another important case for Tiens, Xie and his team won an important litigation at the Supreme Court of Pakistan, highlighting ‘much negotiation with local legal institutions, abundant proof and unremitting effort’ as the some of the reasons for the success. Under his stewardship, the Tiens legal department has become focused on preliminary risk control to greatly reduce disputes and the related remedial measures. To manage the national anti-corruption policy Xie built a new compliance system, developed a risk supervision system, as well as creating a Rewards and Penalties Committee. Xie has supported Tiens’ overseas expansion plans by registering new subsidiaries in 18 new countries. He says that ‘as the GC, I provide the all-around legal support, study the local relevant legal policies, and do the field trips on local cultures, to advise and to mitigate risk. Up to now, with our hard work, 18 overseas subsidiaries have been successfully registered in new countries. With the expanding new overseas market, we are required to timely focus on overseas policy changes, pay attention to market surveys and adapt the local policy. Therefore, it can ensure that our business operation runs smoothly’. Prior to joining Tiens, Xie was the head of legal at China Grand Enterprises between 2010 and 2011 and the general legal counsel for the North China division at Intech Group for three years before that.