On October 31, 2025, the 2025 ALB China M&A Forum was successfully held at The Westin Bund Center Shanghai. Against the backdrop of a significant recovery in China's M&A market, the forum brought together nearly a hundred senior legal and business professionals to discuss market opportunities and challenges.
Llinks partner Ms. Selena She, partner Ms. Cathy Huang, and contractual partner Ms. Aurora Zhang were invited to attend the grand event, sharing expert insights from the frontline of legal practice on core topics such as M&A restructuring under the new regulations and emerging trends in due diligence.
In the afternoon session, Llinks partner Ms. Selena She, delivered a compelling keynote speech titled "Discussion on M&A Restructuring Practice under the New Regulations." Ms. She analyzed market practices in the year since the issuance of the "Six M&A Rules." She highlighted that the new rules have significantly revitalized the market, driving new trends focused on new quality productive forces, simplified review procedures, and innovation in transaction tools. Drawing on practical experience, she also alerted attendees to risk points requiring corporate attention, such as pricing mechanisms, compliance, and goodwill impairment, concluding that current M&A restructuring has shifted from past scale expansion to present-day value enhancement.
Following this, Llinks partner Ms. Cathy Huang was invited to moderate the panel discussion titled "New Trends in the M&A Environment and In-Depth Considerations for Due Diligence." Llinks contractual partner Ms. Aurora Zhang joined senior legal counsel from SMA Solar Technology and Solenis Group as a speaker. They engaged in a practical and in-depth dialogue centered on cutting-edge issues, including the complex international environment, supply chain integration, and the application of AI technology.
Ms. Huang expertly guided the discussion, while Ms. Zhang shared her professional perspective as an M&A transaction lawyer, focusing on the higher demands new policies and regulations place on legal professionals. She pointed out that antitrust, data protection, cross-border data transfer, and sanctions control have become emerging key areas of review in current due diligence. When discussing the impact of AI technology on M&A transactions, Ms. Zhang shared how AI tools enhance efficiency for lawyers, but also analyzed real-world risks like "AI hallucination" and the corresponding new demands and expectations clients now have for legal work.
The professional insights shared by the three Llinks lawyers were integral to the forum's core agenda. Leveraging their rich practical experience and profound market insight, they presented attendees with a new picture of the evolving M&A environment, receiving enthusiastic response and high praise from the audience.
Moving forward, the Llinks M&A team will continue to adhere to principles of professionalism and pragmatism, maintaining a constant focus and analysis of market frontier issues and regulatory dynamics, offering counsel for the sustained innovation and high-quality development of China's M&A market.
