Recently, Llinks assists China Life Asset Management Co., Ltd. (hereinafter referred to as "China Life Asset") as the trustee, utilizing funds entrusted by China Life Insurance Company Limited and external investment institutions. In collaboration with four financial asset investment companies (AIC) or their affiliates, China Life Asset participated in the capital increase and strategic investment projects of two subsidiaries of Ansteel Group through forms such as debt-to-equity investment plans, insurance equity investment plans, and private equity funds, with a total project scale of approximately 10.5 billion yuan.
Ansteel Group is China's largest vanadium producer and the largest titanium ore producer in the country, with its products widely used in major projects such as the West-East Gas Pipeline, the Qinghai-Tibet Railway, and the Shenzhou series. The specific investment targets of this project are Benxi Iron and Steel and Pangang Mining, core subsidiaries of Ansteel Group. The investment aims to support the development of an independent and controllable industrial chain and supply chain, as well as to improve the coordinated exploration, production, supply, storage, and sales system for strategic mineral resources.
Llinks lawyers have extensive experience in the fields of debt-to-equity swaps, asset management, and the use of insurance funds. In recent years, they have continuously provided legal advisory and specialized legal services to multiple insurance institutions and financial asset investment companies.
Llinks Engagement Team:
Yi Wang, Partner
Qitao Bai, Partner
Qinchuan Yao, Yiming Jiang, Associate
