We are very pleased to announce that, effective from May 2026, Llinks has promoted seven lawyers—Ms. Rose Cai, Ms. Yan Tao, Mr. Lawrence Wang, Mr. Bingfeng Zhang, Ms. Aurora Zhang, Mr. Lawrence Liu and Mr. Andy Cai to Partners.
Concurrently, eleven lawyers—Ms. Ashley Xia, Ms. Chris Xu, Ms. Jingyun Zhao, Ms. Gloria Guo, Mr. Sunny Feng, Ms. Crystal Liu, Mr. Rex Wang, Mr. Neil Zhao, Mr. Alex Zhang, Ms. Chunhui Bai, and Mr. Jerome Tang—have been promoted to Contractual Partners.
The 18 newly promoted partners and contractual partners establish themselves through specialization and achieve long-term success through intellectual insights. With solid professional capabilities and excellent industry reputations, they are deeply trusted and recognized by clients, internal partners, and colleagues alike. These promotions will further consolidate Llinks' professional service capabilities in core business sectors such as banking and finance, capital markets, private equity and venture capital (PE/VC), mergers and acquisitions (M&A) and restructuring, bankruptcy restructuring, and dispute resolution, injecting brand-new vitality and strong momentum into Llinks' sustainable development.
Llinks has always adhered to the philosophy of "Llinks Collaboration, Common Development." Relying on a cross-regional and cross-domain collaborative network based on local resources and global perspectives, Llinks systematically applies the advantages of its integrated platform to the cultivation and growth of young lawyers and the next generation of legal talents. Here, we sincerely wish all these lawyers continuous dedication, sharp pioneering spirit, and greater success in their future professional careers!
Newly Promoted Partners
Rose Cai
Capital Markets Department | Shanghai Office
Practice Areas: Securities Issuance, Corporate Investment and Financing, Mergers and Acquisitions/Restructuring, Corporate and Commercial Affairs
Ms. Rose Cai graduated from East China University of Political Science and Law with a Bachelor of Science degree and a Master of Laws degree in Civil and Commercial Law. Ms. Cai has extensive experience in securities issuance, corporate investment and M&A/restructuring, corporate compliance operations, and equity incentives. She has provided legal services for various projects, including initial public offerings (IPOs) and listings, public offerings of convertible bonds, non-public offerings of shares, and material asset restructurings for numerous enterprises. In the field of M&A and asset restructuring, Ms. Cai has advised on corporate investment and restructuring projects spanning industrial investment, financial investment, mergers, and reorganizations. Concurrently, she provides compliance operations and equity incentive legal services to several listed companies and IPO applicants. Deeply engaged in the new energy sector, Ms. Cai has long provided legal services to global leading new energy enterprises and multiple innovative companies.
Yan Tao
Banking and Finance Department | Shanghai Office
Practice Areas: Private Equity Funds, Asset Management, Establishment and M&A of Financial Institutions
Ms. Yan Tao graduated from Southeast University and Nanjing University with a Bachelor of Laws degree and a Master of Laws degree, respectively. Ms. Tao possesses rich experience in private equity funds, private asset management, and cross-border asset management. She has led registration projects for dozens of private fund managers (PFMs), consistently provided permanent legal counsel to over fifty large-scale private securities fund managers, and assisted dozens of institutions with specialized compliance self-inspection legal services. In respect of insurance fund investment and innovative private securities fund businesses, Ms. Tao provided full-process legal support for multiple batches of pilot insurance institutions to establish private securities investment funds and implement pilot reforms for long-term insurance fund investments. In the field of cross-border asset management, Ms. Tao has long served foreign asset management institutions, assisting more than ten of them in establishing operations in China, and has led QDLP projects across multiple regions, including Shanghai and Shenzhen.
Lawrence Wang
Banking and Finance Department | Shanghai Office
Practice Areas: Private Equity Funds, Asset Management, Financial Regulatory Compliance
Mr. Lawrence Wang graduated from the University of Science and Technology Beijing and Shanghai Jiao Tong University with a Bachelor of Laws degree and a Master of Laws degree in Economic Law, respectively. Mr. Wang has long been dedicated to private equity funds, asset management, and financial regulatory compliance. He provides permanent legal counsel, compliance reviews, setup and change of actual controller, equity transfers, employee stock ownership plans (ESOPs), and risk event handling for nearly thirty private fund managers with assets under management (AUM) exceeding RMB 10 billion, as well as multiple quantitative and subjective fund managers of significant scale. Concurrently, Mr. Wang serves various mutual funds, bank wealth management subsidiaries, trust companies, securities asset management institutions, and insurance asset management companies. He has consecutively led or participated in the establishment and M&A projects of several financial institutions that were either among the first batch in the industry or held substantial market influence.
Bingfeng Zhang
Corporate Department | Shenzhen Office
Practice Areas: Private Equity/Venture Capital, Mergers and Acquisitions, Real Estate Investment and Financing, Debt Restructuring and Relief
Mr. Bingfeng Zhang graduated from Zhejiang University with a Bachelor of Laws degree. He possesses extensive experience in private equity/venture capital, mergers and acquisitions, real estate investment and financing, and debt restructuring and relief. He has provided legal services for domestic and cross-border investments, financing, and transactions for state-owned enterprises, financial institutions, real estate companies, renowned investment institutions, and tech-driven startups. Mr. Zhang is deeply engaged in venture capital services, long providing legal support to enterprises in sectors such as consumer goods, pharmaceuticals and life health, industrial and high-end manufacturing, and new energy.
Aurora Zhang
Corporate Department | Shanghai Office
Practice Areas: Private Equity/Venture Capital, Mergers and Acquisitions, Inbound and Outbound Investment, Joint Ventures
Ms. Aurora Zhang graduated from Shanghai International Studies University, University College London (UCL), and Columbia Law School, obtaining her Bachelor of Laws degree and Master of Laws degrees. Ms. Zhang has extensive experience in private equity/venture capital, mergers and acquisitions, foreign direct investment (FDI) in China, outbound investment, and joint ventures. She regularly serves enterprises in industries such as integrated circuits, life sciences, healthcare, artificial intelligence, manufacturing, and consumer goods. In the private equity/venture capital field, Ms. Zhang has advised multiple domestic and international institutions on their investment projects and assisted startups through various rounds of financing. Furthermore, she has provided legal support for M&A projects and corporate affairs for several multinational corporations and listed companies.
Lawrence Liu
Corporate Department | Shanghai Office
Practice Areas: Bankruptcy and Restructuring
Mr. Lawrence Liu graduated from Nanjing University, Tsinghua University, and National Tsing Hua University, obtaining a Bachelor of Laws degree, a Master of Public Administration degree, and a Master of Laws degree, respectively. Mr. Liu possesses rich experience in the field of bankruptcy and restructuring, having acted as legal counsel to investors, debtors, creditors, and administrators in numerous large-scale restructuring cases involving listed companies and corporate groups. Concurrently, Mr. Liu is deeply involved in sectors such as retail trade, finance, automotive, aviation logistics, real estate, and petroleum and petrochemicals, long providing legal services to large and medium-sized state-owned enterprises, financial institutions, domestic listed companies, and large private enterprises.
Andy Cai
Corporate Department | Shanghai Office
Practice Areas: Real Estate, Investment and M&A, Technology, Media, and Telecommunications (TMT)
Mr. Andy Cai graduated from East China University of Political Science and Law and Northwestern University with a Bachelor of Laws degree and a Master of Laws degree, respectively. Mr. Cai possesses rich experience in real estate as well as investment and M&A. In the real estate sector, Mr. Cai perennially represents multiple well-known clients in handling full-process legal matters for bulk property investment, operation, and exit, covering various asset classes such as IDC/AIDC, commercial offices, long-term rental apartments, and industrial logistics. In the investment and M&A field, Mr. Cai has provided legal services for the investment and M&A activities of numerous domestic and foreign enterprises in China, and has participated in multiple asset restructuring and M&A transaction projects for listed companies.
Newly Promoted Contractual Partners
Ashley Xia
Capital Markets Department | Shanghai Office
Practice Areas: Capital Markets, Mergers and Acquisitions/Restructuring, Private Equity/Venture Capital, Corporate General Matters
Ms. Ashley Xia graduated from Shanghai University of International Business and Economics and East China University of Political Science and Law, obtaining a Bachelor of Laws degree and a Master of Laws degree, respectively. Ms. Xia has rich experience in domestic and overseas capital markets, M&A/restructuring, and corporate investment and financing. She has provided legal services for the domestic and overseas initial public offerings (IPOs) and listings, material asset restructurings, refinancing, and control acquisitions for multiple enterprises. She also perennially advises listed companies, large state-owned enterprises (SOEs), central enterprises, and private equity investment funds on their investment, financing, and M&A projects across various sectors, including integrated circuits, artificial intelligence, healthcare, new energy, and consumer goods.
Chris Xu
Capital Markets Department | Shanghai Office
Practice Areas: Capital Markets/Corporate Investment and Financing, Private Equity/Venture Capital, Mergers and Acquisitions/Restructuring
Ms. Chris Xu graduated from Shanghai International Studies University and Shanghai University of International Business and Economics, obtaining a Bachelor of Laws degree, a Bachelor of Arts degree in English Language and Literature, and a Master of Laws degree. Ms. Xu possesses extensive experience in securities issuance, corporate investment and financing, private equity/venture capital, and M&A/restructuring. Ms. Xu has provided legal services to numerous enterprises regarding their initial public offerings and listings (including A-shares and H-shares), bond issuances (including convertible bonds and corporate bonds), public or non-public stock offerings, and backdoor listings. She has also advised many private equity investment funds on their outbound investments and assisted enterprises with domestic and outbound M&A, restructuring, and financing.
Jingyun Zhao
Capital Markets Department | Shanghai Office
Practice Areas: Capital Markets/Securities Issuance, Equity Investment and Financing/Mergers and Acquisitions, Anti-Monopoly Compliance
Ms. Jingyun Zhao graduated from China University of Political Science and Law and the University of Pennsylvania with a Bachelor of Laws degree and a Master of Laws degree, respectively. Ms. Zhao has rich experience in securities issuance, equity investment and financing, mergers and acquisitions, and anti-monopoly compliance. She has advised numerous enterprises on their initial public offerings, listings, and refinancing, led and participated in several market-influential M&A projects, and provided merger control filings and anti-monopoly compliance consultation for clients. Additionally, Ms. Zhao provides legal services for the financial investments and M&A projects of multiple professional investment institutions.
Gloria Guo
Capital Markets Department | Shanghai Office
Practice Areas: Securities Issuance, Commercialization of Scientific and Technological Achievements, Mergers and Acquisitions/Restructuring
Ms. Gloria Guo graduated from East China University of Political Science and Law and the National University of Singapore, obtaining a Bachelor of Laws degree, a Master of Laws degree in Civil and Commercial Law, and a Master of Laws degree in International Business Law. Ms. Guo possesses extensive experience in securities issuance, the commercialization of scientific and technological achievements, M&A/restructuring, and equity incentives. She has provided legal services to numerous domestic and overseas enterprises for initial public offerings and listings, private placements, bond issuances, and tender offers. She has also advised leading enterprises or teams in healthcare and frontier tech innovation sectors on the commercialization of scientific achievements, financing, and equity incentive projects.
Sunny Feng
Corporate Department | Shanghai Office
Practice Areas: Private Equity Funds, Private Equity/Venture Capital, Mergers and Acquisitions, Real Estate, Corporate General Matters
Mr. Sunny Feng graduated from Fudan University with a Bachelor of Laws degree. Mr. Feng has rich experience in private equity funds, private equity/venture capital, mergers and acquisitions, real estate, and corporate and commercial affairs. He frequently represents domestic and international private equity funds and industrial funds, providing a comprehensive range of legal services including fund establishment and operation, legal due diligence, drafting, negotiating, and closing project investment agreements, mergers and acquisitions, and strategic cooperation.
Crystal Liu
Dispute Resolution Department | Shanghai Office
Practice Areas: Dispute Resolution
Ms. Crystal Liu graduated from Fudan University and Durham University with a Bachelor of Laws degree and a Master of Laws degree in International Business Law, respectively. Ms. Liu possesses rich experience in foreign-related and cross-border commercial dispute resolution, routinely representing clients in handling arbitration cases administered by major institutions such as the China International Economic and Trade Arbitration Commission (CIETAC), the Shanghai International Arbitration Center (SHIAC), the Shanghai Arbitration Commission (SAC), the Beijing Arbitration Commission (BAC), and the Hong Kong International Arbitration Centre (HKIAC). These cases primarily span the fields of cross-border investment and financing, mergers and acquisitions, corporate control disputes, international trade, and industrial raw material production and supply.
Rex Wang
Corporate Department | Shanghai Office
Practice Areas: Real Estate, Investment and M&A, Joint Ventures and Cooperation, Corporate General Matters
Mr. Rex Wang graduated from East China University of Political Science and Law and Georgetown University, obtaining a Bachelor of Laws degree and a Master of Laws degree, respectively. Mr. Wang has rich experience in real estate investment and M&A, cooperative development, project disposal, asset management, and corporate general affairs. He has long provided legal services to domestic and international real estate developers, real estate funds, financial and insurance groups, asset management institutions, and industrial clients, covering projects such as residential properties, commercial offices, hotels, mixed-use complexes, industrial parks, and urban renewal. Concurrently, Mr. Wang provides permanent legal services to numerous enterprises.
Neil Zhao
Banking and Finance Department | Shanghai Office
Practice Areas: Cross-Border Asset Management, Securities Investment Funds, Financial Data Compliance
Mr. Neil Zhao graduated from Tianjin University and Xiamen University, obtaining a Bachelor of Laws degree, a Bachelor of Economics degree (dual degree from Nankai University), and a Master of Laws degree. Mr. Zhao possesses extensive experience in cross-border asset management and has long served internationally renowned financial institutions on matters such as the establishment and M&A of foreign-funded public fund management companies, registration of foreign private fund managers, private fund product launching and operations, QDLP qualification and quota applications alongside product launching, mutual recognition of funds (MRF), and data compliance. Concurrently, Mr. Zhao provides permanent legal counsel to numerous internationally renowned asset management institutions, quantitative hedge funds, and proprietary trading firms.
Alex Zhang
Dispute Resolution Department | Shanghai Office
Practice Areas: Dispute Resolution
Mr. Alex Zhang graduated from Fudan University and Peking University, obtaining a Bachelor of Arts degree in History and a Master of Laws degree. Mr. Zhang has rich experience in securing successful outcomes in financial disputes related to "large asset management," financial debt recovery disputes, securities misrepresentation disputes, corporate investment/financing and capital disputes, real estate disputes, and bankruptcy-derivative disputes. He also possesses professional capabilities in handling overlapping criminal and civil cases. Mr. Zhang boasts outstanding courtroom debate skills and excels at blending litigation with commercial negotiation to design highly creative settlement solutions.
Chunhui Bai
Corporate Department | Shanghai Office
Practice Areas: Private Equity/Venture Capital, Mergers and Acquisitions, Investment Funds, Securities and Capital Markets
Ms. Chunhui Bai graduated from Xiamen University with a Master of Laws degree, having previously obtained a Bachelor of Economics degree from Wuhan University. Ms. Bai possesses rich experience in investment, financing, M&A, investment funds, and securities and capital markets, long providing clients with comprehensive "fundraising, investment, management, and exit" full-process legal services. She has provided legal support to multiple well-known investment institutions for fund establishment, FOF investment, private equity/venture capital, cornerstone investment, asset/equity acquisition, and daily compliance operations. She also advises various corporate structures on financing, red-chip structure setup and dismantling, mergers and acquisitions, equity incentives, and joint ventures. Concurrently, Ms. Bai advises multiple enterprises on domestic and overseas listings and refinancing.
Jerome Tang
Corporate Department | Shanghai Office
Practice Areas: Private Equity/Venture Capital, Mergers and Acquisitions, Capital Markets, Family Wealth Management
Mr. Jerome Tang graduated from Shanghai University of International Business and Economics and the University of Southern California with a Bachelor of Laws degree and a Master of Laws degree, respectively. Mr. Tang has extensive experience in private equity/venture capital, mergers and acquisitions, capital markets, and family wealth management. He is deeply engaged in emerging future industries such as technological innovation and industrial capital, AI, semiconductors, advanced manufacturing, and healthcare. He has provided legal services to multiple well-known investment institutions, industry leaders, listed companies, unicorn enterprises, and startups, participating in projects that cover large models, generative AI, embodied intelligence, AI hardware, chip design, advanced packaging, antibody-drug conjugates (ADCs), and cell therapies.
