Zhengwang Yao

Senior Partner

  • Email

    yaozhengwang@zlwd.com

  • Tel

    +86 10 85673688

  • Office

    Beijing

Mr Yao Zhengwang, Senior Partner at Zhong Lun Law Firm and Chair of the Financial Law Committee. Practice areas encompass banking and finance, corporate mergers and acquisitions, real estate and construction projects. Representative clients include national policy financial institutions, major state-owned banks, joint-stock commercial banks, wealth management subsidiaries, and other large financial institutions alongside central and state-owned enterprises. Appointed as a practical mentor for the Master of Laws programme at Minzu University of China, and serves as a special consultant for universities including Central University of Finance and Economics and the University of International Business and Economics. Featured in The Legal 500's recommended list for banking and finance, honoured as ‘Client's Choice Lawyer’ in Banking & Finance by China's Top Corporate Legal Counsel Recommended Lawyers & Law Firms, and ‘Brand Star: Powerhouse Lawyer in Banking & Finance 2024’ by LawXin Society. Serves as legal counsel to national ministries including the Ministry of Natural Resources, Ministry of Finance, National Development and Reform Commission's Belt and Road Promotion Centre, Ministry of Commerce, and municipal authorities such as the Beijing Municipal Commission of Planning and Natural Resources.

 

Working Experience

  • 2006–2011  Attorney, Zhong Lun W&D Law Firm, Beijing  
  • 2012–2014  Partner, Zhong Lun W&D Law Firm, Beijing 
  • 2015–Present  Senior Partner, Zhong Lun W&D Law Firm, Beijing

Achievements

Representative Achievements in Banking and Finance:

  • Permanent Legal Adviser to China Development Bank
  • Permanent Legal Adviser to Export-Import Bank of China
  • Permanent Legal Adviser to Bank of Communications Co., Ltd.
  • Legal Adviser to China Postal Savings Bank Co., Ltd.
  • Permanent Legal Adviser to Agricultural Bank of China Co., Ltd. Beijing Branch
  • Permanent Legal Adviser to China Everbright Bank Co., Ltd.
  • Legal Adviser to Zheshang Bank Co., Ltd.
  • Legal Counsel to Hengfeng Bank Co., Ltd.
  • Legal Counsel to Beijing Branch of Hengfeng Bank Co., Ltd.
  • Legal Counsel to CDB Capital Co., Ltd.
  • Permanent Legal Counsel to Rural Credit Cooperative Clearing Co., Ltd.
  • Permanent Legal Counsel to Everbright Wealth Management Co., Ltd.
  • Legal Counsel to China Post Wealth Management Co., Ltd.
  • Permanent Legal Counsel to Beijing Bank Wealth Management Co., Ltd.
  • Permanent Legal Counsel to Beijing Zhongguancun Science and Technology Venture Financial Services Group Co., Ltd.
  • China Postal Savings Bank Co., Ltd. ‘Dingfu’ Project
  • Agricultural Bank of China Co., Ltd. Beijing Branch Foreign-Related Guarantee Project
  • Bank of Communications Risk Mitigation Certificate Creation Project
  • Bank of Communications Labour Dispatch Specialised System Reorganisation Project
  • Agricultural Bank of China Co., Ltd. Beijing Branch Foreign-Related Guarantee Project
  • China Development Bank Sanctions Policy Advisory Project for Japan, Singapore, Switzerland and South Africa
  • China Development Bank's Comprehensive Management Project for Old Residential Areas
  • China Everbright Bank's Tianjin Back-Office Centre Project and R&D Centre Project
  • China Construction Bank's Inner Mongolia Helin格尔 New District Data Centre Project
  • Bank of Communications' Basketball Court Sports Venue Refurbishment Project
  • China Everbright Group Co., Ltd. and Shanghai World Trade Co., Ltd. Share Transfer Dispute Project Concerning a Listed Securities Company
  • Bank of Communications Management and Staff Performance-Related Compensation Recovery Dispute Project
  • Nationwide G-Share Commercial Banks Trust Wealth Management Agency Sales Dispute Project
  • China Everbright Bank Wealth Management Fund Channel (China Ocean Trust) Investment Dispute Project

Representative Corporate and M&A (Energy and Infrastructure) Practice Achievements
  • China National Petroleum Corporation Legal Advisory Project
  • CNPC Central Asia Pipeline Company Ongoing Legal Advisory Project
  • Ongoing Legal Counsel for China Huayou Group Co., Ltd.
  • Ongoing Legal Counsel for PetroChina International Pipeline Co., Ltd.
  • Ongoing Legal Counsel for PetroChina Technology Development (Beijing) Co., Ltd.
  • Ongoing Legal Counsel for PetroChina Group Southeast Asia Pipeline Co., Ltd.
  • Ongoing Legal Counsel for Natural Gas Branch of PetroChina Company Limited
  • Ongoing Legal Counsel for PetroChina Group Great Wall Drilling Co., Ltd.
  • Legal Advisory Services for China Petroleum Engineering & Construction Corporation Limited
  • Newly Established Joint Venture Project between China Huayou Group and Wuliangye Group Co., Ltd.
  • Ongoing Legal Advisory Services for PetroChina (Hainan) Energy Co., Ltd.
  • Specialised Advisory Services for Kunlun Gas Panjin Huajin Aramco Gas Pipeline Construction Project
  • Special Advisory Services for Strategic Reorganisation between China Minmetals Corporation and China Metallurgical Group Corporation
  • Special Advisory Services for Equity Restructuring of China Everbright Group, China Everbright Bank and China Everbright Technology
  • Investment Advisory Services for China Development Bank Equipment Manufacturing Industry Investment Fund Co., Ltd.
  • Special Advisory Services for Strategic Reorganisation of CNPC Central Asia Gas Pipeline Co., Ltd. through Introduction of China Reform International
  • Special Advisory Services for Hundreds of Billions of Yuan Interbank and Exchange Financing for Shandong Chenming Paper Group Co., Ltd.
  • Exchange-listed corporate bonds, LianYiRong ABN project, and foreign debt registration for Minmetals Properties Holdings Co., Ltd.
  • Special advisory services for Shouguang Chenming Holdings Co., Ltd.'s RMB 3 billion corporate bond issuance
  • Special advisory services for Beijing Capital Hotels (Group) Co., Ltd.'s acquisition of Home Inn and others
  • Ongoing and special advisory services for Beijing Sub-centre Investment Group Co., Ltd.
  • Special advisory services for Beijing Xinya Municipal Construction Engineering Office's acquisition of equity in Beijing Tsinghua Unigroup Co., Ltd.
  • Legal risk prevention advisory services for Beijing Xirong Tongshun Investment Management Co., Ltd.
  • Special advisory services for Beijing Dilin Weiye Technology Co., Ltd.'s private placement
  • Equity repurchase dispute resolution for Zhongguancun Development Group Co., Ltd. with China Satellite Communications Group and China Hualu Group

Representative Achievements in Real Estate and Construction Engineering
  • Provision of legal advisory services for Minmetals Real Estate Holdings Co., Ltd.'s nationwide property development projects
  • Provided specialised legal services for Beijing Jinfeng Kehua Real Estate Development Co., Ltd.'s ‘Jinfeng Energy Centre’ project
  • Provided specialised legal services for Sinopec Corporation's ‘Eastward Transmission of Sichuan Gas’ project
  • Provided legal services for CNPC Central Asia Natural Gas Pipeline Co., Ltd.'s Central Asia Pipeline Project
  • Provided specialised legal services for China Everbright Bank's development and construction of the Tianjin Back-Office Service Project
  • Provided specialised legal services for China Everbright Bank's bespoke construction of the Beijing R&D Centre project
  • Provided specialised legal services for Baidu Online Network Technology (Beijing) Co., Ltd.'s construction of the Beijing Baidu Headquarters Tower project, Shenzhen Baidu Tower project, and construction of ‘cloud computing’ centres nationwide
  • Provided specialised legal services for CNPC (Beijing) Technology Development Co., Ltd.'s development, construction, and operation of the CNPC Technology Park
  • Provided specialised legal services for the development of the Shunyi Linhe Base Project by PetroChina Great Wall Drilling Co., Ltd.;
  • Provided specialised legal services for the internal renovation and refurbishment works of the Financial Street F1 Tower for China Life Insurance Company Limited;
  • Provided specialised legal services for the development and construction of the Beijing R&D Centre for China Life Insurance Company Limited;
  • Provided specialised legal advisory services for the construction of the Southern Data Centre Project by PICC Property and Casualty Group Co., Ltd.; 
  • Provided specialised legal advisory services for Charoen Pokphand Properties Limited in developing the infrastructure project for Plot Z-14 in the CBD core area;
  • Provided specialised legal services for China Architecture Design & Consulting Corporation in investing in a BT project in Sichuan;
  • Provided specialised legal services for Beijing Runfeng Group Corporation and Beijing International Trust Co., Ltd. in jointly investing in and constructing the Nan'an Shiqing Port Terminal Project and Luqing Business & Leisure Zone Project via the BT model;
  • Provided specialised legal services for China Development Bank Financial Co., Ltd.'s investment in numerous domestic urban infrastructure projects via BT, BOT, PPP and other models;
  • Provided specialised legal services for China Nuclear Engineering Co., Ltd.'s construction of nuclear power projects via BT, EPC and other models;
  • Provided specialised legal services for China Minmetals 23rd Metallurgical Group Corporation's EPC-based Dongxu (Yingkou) Optoelectronic Display TFT-LCD Glass Substrate Production Line Project;
  • Provided specialised legal advisory services to subsidiaries of Minmetals Properties for developing multiple projects including the Shantou Yuedong Logistics New City;
  • Provided specialised legal services to HNA Group for developing and constructing a major supporting project under an EPC model;
  • Provided specialised legal advisory services to subsidiaries of Minmetals Properties for developing the Tianjin Linxi Land, Rongyuan Project, Huangshan Lake Park Project, and Sujiatuo Tourism Real Estate Guanshan Project;
  • Provided specialised legal services for Runfeng Group's nationwide Runfeng Runfeng series of multiple real estate projects;
  • Provided specialised legal services for Shanshui Wenyuan Investment Group Co., Ltd. in developing multiple real estate projects including Shanshui Wenyuan;
  • Provided specialised legal services for Shanshui Wenyuan Investment Group Co., Ltd.'s investment, development and construction of the Pinggu District Jinhai Lake Project;
  • Provided specialised legal services for Beijing Jiangsheng Real Estate Development Co., Ltd. in developing the Jinghua Yuan project in Xicheng District, Beijing;
  • Provided comprehensive legal services for Tianan China Investment Co., Ltd./Beijing Nanhu Apartment Garden Co., Ltd. throughout the development, construction, and sales of the Tianan Haoyuan project, covering land acquisition, surveying, design, construction, supervision, decoration, sales, and property management;
  • Provided specialised legal services for Beijing Fortune Garden Real Estate Development Co., Ltd. in the development and construction of projects including Fortune Mansion;
  • Provided specialised legal services for Beijing Jinglong Real Estate Development Co., Ltd. in the Chaoyangmen Platinum Palace project;
  • Provided specialised legal services for Peking University in the construction of an 800,000-square-metre staff residential building project in Xiaojiahe;
  • Provided dedicated legal advisory services for Beijing Jintai Real Estate Development Co., Ltd. in multiple projects including Jintai. Liwan;
  • Provided dedicated legal advisory services for Beijing Taihe Longmai Real Estate Development Co., Ltd. in the development, construction and sales of the Triumph City project;

Legal Services for Property Acquisitions:
  • Represented Bohai Huamei Phase V (Shanghai) Equity Investment Fund Partnership (Limited Partnership) in the acquisition of the Haikou Yunlong Lake project;
  • Represented China Minmetals Corporation in the acquisition of the Beijing East Second Ring Fifth Plaza project (now known as Minmetals Plaza, headquarters office building of China Minmetals Corporation);
  • Represented China National Petroleum Corporation in the acquisition of the Asian Games Village Celebrity Plaza project;
  • Represented PICC Property and Casualty Company Limited in the purchase of its headquarters office building (Yintai Centre Tower B) and its renovation project;
  • Represented China National Petroleum Corporation in the acquisition of the Jin Ya Guangda Building at No. 1 Financial Street project;
  • Commissioned by Beijing Vanke Enterprise Co., Ltd. to handle its acquisition of the Beijing HNA Tower project series;
  • Represented Beijing Kehang Investment Co., Ltd. in acquiring multiple projects including Dongxiaokou;
  • Represented Sanzhou Longhui Co., Ltd. in acquiring the Shanghai Xinxing Business Centre project;
  • Represented Shanshui Wenyuan Kaiya Real Estate Development Co., Ltd. in acquiring the ‘Yuehai Project’ in Weihai, Shandong Province;
  • Represented Sohu Changyou in the acquisition of the Shijingshan Bajiao Commercial and Financial Project;
  • Represented CDH Investments in the acquisition of over ten projects under Tianjin TEDA Group;
  • Represented Beijing Hanrun Investment Co., Ltd. in the transfer of the Qinhuangdao Beidaying District Military Land Project;
  • Represented Beijing Hanrun Investment Co., Ltd. in the transfer of the Tianjin South Goods Yard Military Land Project;
  • Represented Singapore Technologies Ventures Pte Ltd (a subsidiary of Temasek Holdings) in the transfer of certain property assets within the Nanyin Building; 
  • Provided specialised legal advisory services for China Investment Corporation in the acquisition of a real estate project (details currently confidential);
  • Provided legal services for Fullerton Investment Pte Ltd in the acquisition of a Beijing real estate project;
  • Provided specialised legal services for Guohao Real Estate China's acquisition of property projects in Shanghai, Tianjin, Nanjing and other locations;
  • Provided specialised legal services for China Development Bank's acquisition of the Financial Street office building project;
  • Provided specialised legal services for China Everbright Bank's acquisition of the ‘F3 Building’ (currently headquarters of Everbright Group and Everbright Bank);
  • Represented Guohao Real Estate (China) Co., Ltd. in acquiring the Beijing Dongzhimen Transport Hub and Donghua International Plaza project;
  • Represented Beijing Huapu Industrial Group Co., Ltd. in the acquisition of Beijing Kandan Real Estate Development Co., Ltd.'s project;
  • Represented Beijing Zhongli Real Estate Development Co., Ltd. in the acquisition of Beijing Xintianchaolai Real Estate Development Co., Ltd.'s project;
  • Represented Beijing Huayou Real Estate Development Co., Ltd. in the acquisition of Beijing Dushengjing Real Estate Development Co., Ltd.'s project;
  • Represented the Beijing Lawyers Association in the purchase of the Association's Beijing office building project;
  • Beijing Zhongli Real Estate Development Co., Ltd.'s acquisition of Beijing Xintianchaolai Real Estate Development Co., Ltd.'s project.

Legal services for the operation and management of real estate properties (commercial, office, hotel, etc.):
  • Serving as permanent legal counsel for Beijing North Investment Commercial Property Management Co., Ltd., with services covering numerous commercial properties including the Asian Infrastructure Investment Bank headquarters at Beijing Asia Financial Plaza and Xinao Shopping Centre
  • Providing construction development and tenant leasing legal services for Beijing International Resort Co., Ltd.'s investment, construction, and operation of the Beijing Universal Resort project (including Universal Studios attractions, Universal CityWalk, and themed hotels);
  • Delivering comprehensive legal services for Tianjin Changhe Equity Investment Fund Management Co., Ltd.'s acquisition, refurbishment, and operation of the Aegean Sea project located on Beijing's Third Ring Road;
  • Provided specialised legal services for Beijing McDonald's Food Co., Ltd.'s North China region concerning shop leases in key cities including Beijing, Taiyuan, Datong, Linfen, and Zhangjiakou;
  • Provided ongoing and specialised legal services for Beijing Fifth Square Property Co., Ltd.'s operation and management of the Minmetals Plaza project (Tower A housing China Minmetals Group headquarters, with Towers B and C leased externally);
  • Served as ongoing and special legal counsel for the leasing, sales, operation, and management of the ‘Minmetals. Guanshan’ project (comprising standalone office buildings and the Minmetals. Junlan Hotel) by Minmetals Real Estate (Beijing Kuangyiyuan Real Estate Co., Ltd.), a subsidiary of China Minmetals Corporation;
  • Provided ongoing and special legal services for the leasing, management, and property services of the Petroleum Building (headquarters of China National Petroleum Corporation) operated by Beijing Huachang Real Estate Co., Ltd.;
  • Providing ongoing and specialised legal services for the operational management of the Celebrity Tower project in Beijing's Olympic Village (a secondary enterprise under China National Petroleum Corporation);
  • Served as permanent and special legal counsel to Zhengda Overseas Chinese Business Real Estate Development Co., Ltd., providing comprehensive legal services for production, operations, management, and external liaison in relation to the Zhengda Centre real estate project on Plot Z-14 within the core Beijing CBD area of East Third Ring Road, Chaoyang District, Beijing. This project involved a consortium of eleven overseas Chinese businesses including Zhengda Group, Shanghai World Trade, Nine Dragons Paper, and Sinar Mas Paper;
  • Provided specialised legal services for leasing and property management of Hyundai Motor Building by Modern Shengshi Century (Beijing) Real Estate Development Co., Ltd.;
  • Provided specialised legal services for development and lease-purchase of Panjin Runhe Building project by China National Petroleum Corporation Great Wall Drilling Group Co., Ltd.;
  • Provided specialised legal services for leasing and sales of Rock Times Centre project by Beijing Huajia Real Estate Development Co., Ltd.;
  • Provided specialised legal services for leasing and sales of Miyun Call Centre Complex project by PICC Property and Casualty Company Limited;
  • Provided specialised legal services for Beijing Jinglong Real Estate Development Co., Ltd. in leasing and selling the Beijing Chaoyangmen Platinum Palace project;
  • Provided specialised legal services for Beijing Taihe Longmai Real Estate Development Co., Ltd. in developing, constructing and selling the Triumph City project;
  • Provided specialised legal services for Beijing Yintai Land Co., Ltd. in the commercial leasing of the Hyatt Regency Hotel within the Yintai Centre;
  • Provided specialised legal services for Beijing Antai Real Estate Development Co., Ltd. in leasing the Park Avenue Commercial Centre project;
  • Provided specialised legal services for Beijing Antai Real Estate Development Co., Ltd. in developing, constructing, leasing and selling the Swiss Apartments project;
  • Provided specialised legal services for Baidu Online Network Technology (Beijing) Co., Ltd. and its affiliated companies in leasing and selling office buildings across various locations.

Legal Services for Dispute Resolution in Construction Projects and Real Estate Development:
  • Provided specialised legal services for China National Petroleum Corporation (Beijing) Technology Development Co., Ltd. in its construction contract dispute against China Communications Construction Group Co., Ltd., covering claims for extension of time and final account litigation;
  • Provided comprehensive legal services for PICC Group in the arbitration dispute concerning the PICC South Centre Apartments (Staff Quarters) project general contracting, including formulating arbitration strategies, drafting relevant arbitration documents, initiating arbitration proceedings, representing the client in arbitration hearings, presenting facts and arguments, submitting evidence, cross-examining witnesses, conducting rebuttals, and applying for enforcement;
  • Provided specialised litigation services to Beijing Nanhu Garden Apartments Co., Ltd. in its construction contract dispute with Beijing Sixth Construction Engineering Group regarding the Tian'an Haoyuan Project, covering material price adjustments, settlement, contract variation negotiations, claims, and project handover;
  • Provided specialised litigation services to Baidu Online Network Technology (Beijing) Co., Ltd. concerning construction period claims and project settlement in the construction contract dispute between Baidu Online Network Technology (Beijing) Co., Ltd. and China Construction First Engineering Bureau Group regarding the Baidu Tower project;
  • Provided specialised litigation services to China Oil Great Wall Drilling Co., Ltd. in its recovery of land development fees within the dispute over the entrusted development of industrial land in Huilongguan Town, Beijing, between China Oil Great Wall Drilling Co., Ltd. and Beijing Yongfeng International Information Park Development Co., Ltd.;
  • Provided specialised litigation services to China Labour and Social Security Press in its dispute over the construction and purchase contract for the Dingcheng Tower project between China Labour and Social Security Press and Beijing Dingcheng Real Estate Development Co., Ltd., covering construction works, property handover, and settlement of purchase payments;
  • Provided specialised litigation legal services for Beijing Hanrun Investment Co., Ltd. in the dispute over a cooperative real estate development contract between Beijing Hanrun Investment Co., Ltd., Guangzhou Yingfu Chuangzhan Investment Co., Ltd., and Guangzhou Xinglong Investment Development Co., Ltd.;
  • Provided specialised litigation legal services for the Central University of Finance and Economics in the dispute over a land swap contract in Xishan between the Central University of Finance and Economics and Beijing An Kang Wei Ye Real Estate Development Co., Ltd.;
  • Provided specialised litigation legal services to Beijing Jintai Real Estate Development Co., Ltd. in a green space dispute with property owners;
  • Provided specialised legal services to Shanshui Wenyuan Kaiya Real Estate Development Co., Ltd. in a cooperative sales agency contract dispute with Beijing Daguan Real Estate Agency Co., Ltd.;
  • Provided specialised legal services to Beijing Liweis Kai'ao Real Estate Development Co., Ltd. in its construction contract dispute with Jiangsu Jiangdu Construction Engineering Co., Ltd.;
  • Provided specialised litigation legal services to China Everbright Bank Taiyuan Branch in its real estate project transfer contract dispute with Shanxi Anye Real Estate Development Co., Ltd.;
  • Provided specialised litigation legal services to Beijing Shuanglin Real Estate Development Co., Ltd. concerning material price adjustments, settlement, negotiation of changes, claims and project handover in the construction contract dispute over the Fangchengyuan Project between Beijing Shuanglin Real Estate Development Co., Ltd. and Beijing Chengjian Fourth Construction Engineering Co., Ltd.
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Honors
  • Repeatedly recognised as an ‘Outstanding Partner’ and ‘Outstanding Lawyer’ by Zhong Lun Wen De  
  • Provided specialised legal services to the 60th Anniversary Celebration Headquarters of the People's Republic of China and received commendation  
  • Appointed as a practical mentor for the Master of Laws programme at Minzu University of China
  • Served as Special Advisor to universities including the Central University of Finance and Economics and the University of International Business and Economics
  • Deputy Secretary-General of the Banking and Finance Law Committee of the Beijing Lawyers Association
  • Council Member of the Financial Legal Conduct Research Committee of the China Society of Conduct Law
  • Included in The Legal 500's recommended list for Banking and Finance
  • Honoured as ‘Client's Choice Lawyer’ in Banking and Finance by China's Top Corporate Legal Counsel Recommended Outstanding Lawyers & Law Firms
  • Awarded ‘Brand Star: Powerhouse Lawyer in Banking and Finance for 2024’ by LawNewspaper
  • Appointed Legal Adviser to National Ministries including the Ministry of Natural Resources, Ministry of Finance, National Development and Reform Commission's Belt and Road Promotion Centre, Ministry of Commerce, and municipal government departments such as the Beijing Municipal Commission of Planning and Natural Resources.
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Education

Southwest University of Political Science and Law, Master of International Economic Law

Professional Qualifications

PRC Lawyer’s Practicing Qualification

Languages

Chinese and English