Recently, Beijing King&Capital Law Firm has received a “Notice of Shortlisting” from China Electronic Information Industry Group Corporation, which identified King&Capital Law Firm as one of the selected units. King&Capital Law Firm's partner in charge of the Finance Department, Mr. Liu Jingxia, and partner in charge of the Antitrust Department, Mr. Jin Yi, jointly led the organization of this bidding for inclusion. King&Capital Law Firm will provide professional and high quality legal services for CEC and its affiliated enterprises at all levels in the next three years.
Founded in May 1989, China Electronics Corporation (hereinafter referred to as “China Electronics”) is the cradle of China's national electronics industry, the pioneer of the people's military electronics industry under the leadership of the Party, and an important state-owned backbone enterprise directly managed by the central government, with the Internet and telecommunications business as its core business. In recent years, China Electronics has taken the initiative to serve the national strategy, continuously optimized its industrial structure, and focused on the three core tasks of supporting the modernization of the national governance system and governance capacity with digital technology, serving the high-quality development of the digital economy, and safeguarding the national cybersecurity, and has been focusing on the development of key businesses such as the computing industry, integrated circuits, cybersecurity, data application, and new and high technology electronics, so as to build up a strategic scientific and technological force for the national cybercredit cause. At present, China Electronics has 189,000 employees, 24 listed companies, 663 member companies, total assets of 433.6 billion yuan, business coverage of more than 60 countries on six continents, and has been selected as one of the Fortune 500 for 13 consecutive years.
According to the new mission of state-owned central enterprises, new changes in the external environment, and new stage of development and transformation, CEC revised the 14th Five-Year Plan of the Group and formed the “Outline of the 14th Five-Year Plan (2023-2025)”, which provides a framework for the development of China's electronic information industry. (2023-2025), which provides top-level design and direction guidance for the industrial development in the second half of the 14th Five-Year Plan of China Electronics, and helps the group realize value system reshaping, industrial system reconstruction and management system reconstruction by top-level design.
King&Capital will provide legal services for CEC and its affiliated enterprises at all levels, including but not limited to the following business areas: capital market, investment and mergers and acquisitions (including IPO, bond issuance, private equity, asset management, etc.); state-owned enterprises' comprehensive business and risk prevention (including corporate governance, insolvency and liquidation, enterprise restructuring and property rights transactions, etc.); corporate compliance (including compliance system construction, cybersecurity and data protection, etc.); corporate governance and risk prevention (including corporate governance, insolvency and liquidation, enterprise restructuring and property rights transactions, etc.); and corporate compliance (including compliance system construction, cybersecurity and data protection, etc.), (including compliance system construction, network security and data protection, etc.); intellectual property rights; labor and employment; anti-monopoly and anti-unfair competition; urban renewal and construction projects; tax law and taxation; criminal law services and dispute resolution, and other legal services.