One evening in May, the author was contemplating Chang’an Ave from his Beijing office, whereupon his thoughts drifted to the unforgettable case of Shanghai Lian Hua Fibre Corporation’s (LH Fibre) restructuring and acquisition in 2013. The long series of conflicts between business moguls, the early morning strolls along the banks of the Huangpu discussing solutions – all came back with clarity. Three tactical phases were adopted in the course of LH Fibre’s restructuring that assured its success.
Corporate timeline
In October 1984, the shareholders – Shanghai Textile Industry Bureau Operating Company, China International Trust and Investment Corporation, and Shanghai Investment and Trust Corporation – established Shanghai Lian Hua Fibre Co with a registered capital of US$9.6 million.
Senior Partner
Zhong Yin Law Firm
On 30 April 1992, it converted into Shanghai Lian Hua Fibre Corporation, one of the first Sino-foreign equity joint ventures in Shanghai, and it became involved in the pilot project for conversions into joint stock limited companies.
You must be a
subscribersubscribersubscribersubscriber
to read this content, please
subscribesubscribesubscribesubscribe
today.
For group subscribers, please click here to access.
Interested in group subscription? Please contact us.
你需要登录去解锁本文内容。欢迎注册账号。如果想阅读月刊所有文章，欢迎成为我们的订阅会员成为我们的订阅会员。
Sun Jian is a senior partner of Zhong Yin Law Firm
31 Floor, Jianwai SOHO A
Dongsanhuan Zhonglu 39, Chaoyang District
Beijing 100022, China
Tel: 86 10 5869 8899
Fax: 86 10 5869 9666
E-mail: sunjian@zhongyinlawyer.com
www.zhongyinlawyer.com
