On 29 November 2024, the 3rd China M&A and Restructuring Forum took place at the University of International Business and Economics. The event was jointly organised by the M&A and Restructuring Research Centre of the University of International Business and Economics, the M&A and Investment Research Institute of Renmin University of China, and the International Business Law Research Centre of the Chinese Academy of Social Sciences University, with support from Caixin Data and the China Enterprise Evaluation Association.
Approximately 400 delegates from state authorities, regulatory bodies, top-tier think tanks, the financial sector, corporate entities, and intermediary organisations convened to delve into the "three new" characteristics of M&A and restructuring, as well as the policies, theories, and practical aspects of the field. Llinks' partner, Ms. Amy Ren, was invited to the forum and engaged in a spirited roundtable discussion on the topic of "Strategic Expansion and Integration in the New Economy: M&A and Restructuring" with other distinguished guests.
The forum also debuted several key outcomes. Following a rigorous selection process that involved a broad call for submissions, the organising committee, in collaboration with industry experts, curated and revealed the "Top 10 M&A and Restructuring Cases of 2024". Among these, the restructuring of SCRG by CATL, which was managed by Llinks' insolvency and restructuring team, stood out as the only insolvency restructuring case to be included in the prestigious list of the year's most notable cases.
The successful held forum served not only as a vibrant exchange for professionals in the M&A and restructuring arena but also as a catalyst for the capital market and M&A and restructuring practices, breathing new life into the dynamic growth of China's M&A and restructuring landscape. Llinks, a full-service law firm with a diverse portfolio of expertise, places insolvency and restructuring at the heart of its capabilities. The Llinks insolvency and restructuring team, renowned for their profound professional insight and hands-on experience, is committed to providing cutting-edge, efficient, and client-centric legal services. They are dedicated to devising the most practical, viable, and customised legal strategies for navigating insolvency restructuring, reconciliation, liquidation, and out-of-court debt restructuring. This enables struggling enterprises to either revitalise or gracefully exit the market through in-court bankruptcy processes or out-of-court commercial deals, while also guiding clients interested in acquiring distressed enterprises towards achieving stable and secure investment outcomes.
In recent years, Llinks has handled several high-profile restructuring cases involving large real estate, energy, and listed companies. Their practice spans a variety of sectors, including new and renewable energy, synthetic biology, steel, chemicals, coal, real estate, construction, shipbuilding, defence, finance, technology, and internet communications, earning widespread acclaim and trust from clients. Notably, the CATL's restructuring of SCRG, handled by Llinks team, and was recognised as a "Deal of the Year" by China Business Law Journal. The *ST ZOJE case, which involved the allocation of additional shares to small and medium investors, was the only listed company restructuring case selected as one of the Top 10 investor Protection Cases by the China Securities Regulatory Commission and also featured among the top ten enterprise bankruptcy cases in Zhejiang in 2023. The Flower King International Engineering Group restructuring case was honoured as the "Deal of the Year" in restructuring and insolvency at the 2024 IFLR1000 China Awards. Llinks also secured a prestigious position on the 2024 GC Profiles PRC Law Firm Rankings in the insolvency ad restructuring category.
