Consumer Finance Product Launched Via Trust Model

Due to RayYin’s expertise in trust field, it has been engaged by a leading Czech financial insitution to design a structure to develop its consumer finance project in China. Recently, a cooperation agreement between this Czech financial insitution and a PRC trust company has been concluded signaling the successful completion of this product.( 24 Mar 2008)

RayYin Intellectual Property Agency Established

In light of the increasing demand for intellectual property protection service from aboard, RayYin has established its own intellectual property agency and recruited professional staffs to cover services ranging from trade mark, business know-how to patent protection. (10 Mar 2008)

Corporate Social Responsibility

Contributing positively to our communities and enviroment is so important to RayYin’s principle of development. Recently, RayYin has set up a charitable fund for excerlent student from poor family in Jiangsu Nanqing High School. RayYin shall support five student each year to help them to finish high school study program. (20 Feb 2008)

Interview By Money Laundering Bulletin

With the one year implementation of PRC Anti-Money Laundering Law, Money Laundering Bulletion(MLB), a well-known UK based monthly publication read by financiers and anti-money laundering specialists, is thinking of having a special article about this law. Journalist from MLB interviewed Hao Wang concerning the background of implemation of this law and comparation of similar laws in other countries. ( 26 Jan 2008)

Analysis on Taxation System in PRC Engergy Sector

Due to RayYin’s specality in engergy sector and taxation field, Argus Mediagroup, a well-known media group for data and analysis for energy market, has asked RayYin to contribute their thoughts in energy related taxes in China, including what they are, how they are levied, method of calculation and changes to these taxes. RayYin will provide its analysis on windfall tax, crude export tax, resource tax, fuel tax; import duties on crude oil and oil products. (23 Jan 2008)

Assistance for a US listed Company for ESOP

The Chinese affilated company of VisionMedia China has engaged RayYin & Partners PRC Lawyers to provide legal service for vesting employee stock options for its senior staffs in Mainland China. Shenzhen office of RayYin shall work on this matter. ( 10th Jan 2008)

PANEL DISCUSSION WITH US LAW FIRMS

Three partners from RayYin have been invited to hold a panel discussion with US Law Practice Management Professional Delegation lead by the previous chair of American Bar Association Law Practice Management Section in Beijing recently. Partners from 12 US law firms had attended this event. The participants exchanged their views concerning issues typically arising from law firms’ management and operation, e.g., distribution between partners, how to share marketing results, associates and confidential information.(Oct 20th 2007)

CHINA SUB REGIONAL MEETING OF LAWYERS ASSOCIATED WORLDWIDE (“LAW”)IN TIANJIN

As the representative of RayYin, Mr. Yi Zhou attended the 1st China Sub Regional Meeting of LAW in Tianjin. Mr. Zhou together with the chairman of LAW illustrated a successful example of case referral between a US law firm and a Chinese law firm where Ulmer & Berne LLP helped one of their new clients to solve a critical employment issue of its Wholly Foreign Owned Enterprise in Shenzhen through collaboration with RayYin’s Shenzhen office. Observer firms from Inner-Mongolia, Qiangdao and Dalian expressed their interests in LAW.( Oct 10th 2007)

LEGAL SERVICE FOR CLEAN KNERGY CENTER OF EU DELEGATION

EU Delegation is in the process of formulating a Clean Energy Center in China. The overall objective of this project is to support sustainable growth in China through promoting the use of low or lower emission energy technologies, renewable, and energy efficiency improvements so as to address the Energy Challenges laid down in the country's 11th Five-Year Plan and the objectives of the 2007 National Climate Change Programme. Mr. Yi Zhou from RayYin has been engaged as the expert to design the legal framework involved for establishing such a center. Many European Countries has showed great enthusiasm to participate this program. ( Sep 12th 2007)

LEGAL SERVICE FOR KLM

KLM Royal Dutch Airlines (KLM) has providing line maintenance for third parties airline worldwide for years due to the arrangement of IATP. China Civil Aviation Bureau issued a regulation to restrict foreign airline to provide maintenance for third parties in China. RayYin has been engaged to provide legal analysis for this issue, which has greatly impacted KLM’s interests in China. (Aug 8th 2007)

RAYYIN WAS ENTRUSTED BY SERGLOBAL TO DRAFT ITS PURCHASE AGREEMENT

RayYin was entrusted to draft the purchase agreement for the top Brazilian trading company. The agreement will be used by Serglobal as one standard contract to purchase various products from its worldwide suppliers. Due to the professional legal knowledge and quality service of RayYin, the company will entrust RayYin to draft a number of agreements and contracts, as well, including one exclusivity distribution agreement concluded with its suppliers in Brazil in the near future. (June 10th 2007)

SUPPLIER FOR DISPLAY ACCESSORIES

Due to the breach of the labor contract and violation of relevant laws by the legal representative and manager of the US invested Shenzhen Co., the US shareholder and its Shenzhen Co. encountered business operation risks and suffered economic loss. Entrusted by the US shareholder, RayYin cooperated with its US lawyers to deal with the disputes of the business operation and purchase of its Shenzhen Co. Upon the client’s requests, lawyers of RayYin conducted a series of negotiation and discussion with the counter parties, and have done a great number of jobs, including investigation, evidence collection, legal analysis, providing legal opinion and reports, to help the clients to deal with the disputes. Though their professional legal service, the lawyers protected the lawful rights and interests of the client and won the client’s trust. (June 5th 2007)

RayYin was invited to participate a forum with a delegation of the women with senior professional titles from the USA. The delegation consisted of outstanding women representatives from several areas in the USA, including officials, professors, lawyers and business executives. Members of the delegation made a discussion and communication on "gender equality: how to succeed in man's world”. (June 4th 2007)

Legal Counsel for Migration from HK GEM Board to HK Main Board


We have been appointed as Chinese Legal Consultant by Xinjiang Tianye Water Saving Irrigation System Limited (Stock Code No. 8280 on Hong Kong Growth Enterprise Market) for providing PRC legal advisory in seeking CSRC and HK Stock Exchange's approval for migration of listing status from HK GEM Board to HK Main Board and drafting the relevant PRC legal opinions. The joint sponsors for this project are Sun Hung Kai International Limited and KGI Capital Asia Limited. Xinjiang Tianye Water Saving Irrigation System Limited is the largest manufacturer and technology enterprise in China and hopefully will become the second PRC company next to Shandong Molong migrated successfully from HK GEM Board to HK Main Board by the end of year 2007. (29 May 2007)

Speech for Trust Companies on New Rules


Following the promulgation of Administration Measures of PRC Trust Company and Administration Measures of Collective Capital Trust Scheme of PRC Trust Company by China Banking Regulatory Commission (“CBRC”) early this year, Ms. Hao Wang, the external consultant for the new rules for CBRC, was invited by China Foreign Economic and Trade Trust and Investment Company and Beijing National Trust and Investment Company for speeches concerning highlighted issues in the new rules and impact for PRC Trust Companies in the future.( March 30th 2007)

Publications in London and New York


RayYin has been very active in academic research. Ms. Hao Wang and Mr. Yi Zhou from RayYin contributed an article jointly with Lusina Ho from HK University concerning the first trust decision from a PRC court for Trust Quarterly Review based in London. Also, together with partners from Phillips Nizer LLP based in New York, Ms. Hao Wang has produced an article titled Issues of Concerns to Advisors of US Individuals with Interests in China and Chinese Individual Acquiring Property in US for New York Law Journal.（Jan 25th 2007）

Advice for Hugo Boss


Due to RayYin’s excellent performance in foreign investment services in China, Hugo Boss HK Ltd consulted RayYin concerning establishing retail branch in Beijing following its establishment in Shanghai. Hugo Boss will soon has its own retail shop in Beijing instead of shops subject to franchise or consignment arrangements. (Jan 18th 2007)

Advice for Reputable Netherlands Machinery Manufacture


Goudsche Machinefabriek BV (“GMF Gouda”), a reputable manufacture for specialized machinery to the chemical and food industry in Netherlands, engaged RayYin as its local legal advisor to set up a Wholly Foreign Owned Trading Enterprise in Beijing to facilitate its ever-increasing demand from China. (Jan 10th 2007)

Guarantee Company Acquisition Deal Has Been Closed

Retained by a European financial group, RayYin has successfully closed an acquisition deal of a PRC guarantee company before Christmas 2006. RayYin has been involved in legal due dilligence investigation, negotiation, acquisition structure advice and drafting acquisition related documents.( Dec 27th 2006)

Advice for EU Delegation

Following the promulgation of the newly released Regulation for Foreign-funded Banks in PRC by China Banking Regulatory Commission, Ms. Hao Wang has been retained for an in-depth research for the New Regulation and its Implementation Measures including its impact to EU banks.(Dec 15th 2006)

Advice for Trust Regulation Amendments

Ms. Hao Wang has been invited by Non-Banking Department of China Banking Regulatory Committee, the supervisor of PRC trust companies, to advice on the proposed amendments of two regulations, i.e. Regulations on PRC Trust and Investment Company Management and Regulations on Collective Captial Trust Schemes. ( 16th Nov 2006)

Lawyers Associated Worldwide general meeting held in Beijing

Some 100 representatives, from more than 40 countries, participated in the 2006 annual general meeting of Lawyers Associated Worldwide (LAW) held in Beijing from October 25 to 28.
　　　　
LAW, an association of independent law firms located in over 100 major commercial centers throughout the world, chose 'how to better serve clients investing in China' as this year's theme.
The meeting focused on Chinese culture and policy introduction, ranging from a high context culture orientation to the government's building of a harmonious society.
Many representatives were eager to learn about China's auditing, banking and accounting systems. Related comprehensive presentations given by both Chinese experts and foreign investors with substantial experience working in the Chinese market, lasted throughout the first day of the conference.
LAW chairman Christopher C. McCracken, said that they are not here to compete but to work with local law firms to better serve their global clients, as their Chinese counterparts are more familiar with the cultural context and the social norms here.
A survey covering over 100 of LAW's clients in Britain shows that their number one concern is the current situation of China's intellectual property rights protection, according to LAW vice-chairman Martin Davies.
An official with the United States Embassy in China, Mark Cohen later gave his views on the current situation of China's intellectual property rights protection.
Cohen believes that China is reinforcing the protection of intellectual property rights, but many obstacles remain in the implementation of related laws and the execution of sentences.
RayYin & Partners PRC Lawyers is the first mainland law firm to get LAW's membership. Ray Yin partner Zhou Yi said that the firm joined LAW to widen its business scope and to upgrade its professional skills as well as management levels through interactions with its international counterparts.
The meeting concluded at the Great Hall of the People in Beijing on October 28.

RayYin Host 2006 Annual General Meeting of Lawyer Associate Worldwide (LAW) in Beijing

LAW, as a world wide lawyers association, has 80 member law firms from 50 countries and areas all around the world, and it may provide full legal service to clients by its lawyer-network all round the world. RayYin & Partners became the only Chinese member of LAW in 2004 and has been playing an important role in LAW. From 25th to 28th October 2006, RayYin & Partners will hold 2006 Annual General Meeting of LAW in Beijing. Guest speakers such as Mr. Gongxiaobin, Chief of Lawyers Department of PRC Ministry of Justice and Mr. Chris Thomas, Banking Director of EU-China Financial Services Program will address on various issues of doing business in China. ( Oct 23rd 2006)

Speak for New York Bar Association International Law and Practice Section in Shanghai in October 2006

Oct 20th October 2006, Mr. Zhou and Ms. Hao spoke for New York Bar Association International Law and Practice Section in Shanghai. Mr. Zhou and Ms. Wang are invited to speak on private client discussion panel No.24 and 27. Topic for No.24 is New Frontiers for Personal Asset, Trust and Estate Planning: China and the World" and Ms. Wang was the speaker in this panel. Mr. Zhou was the vice chair for panel No.27 titled Cross Border Estate Planning From a Western Perspective. ( Oct 23rd 2006)

Intellectual Property Rights Legal Service for Chinese Institute S.R.L. located in Roma Italy


Chinese Institute S.R.L. located in Roma Italy has engaged RayYin for the whole package of legal service concerning the exclusive rights in publishing, marketing and sales of INTERACTIVE CHINESE 2006 edition, the copyright of which owned by China International Publishing Group, in Italy and Swizerland. Ms. Jean Wu and Hao Wang are the team leaders for this project.(Sep 12 2006)

Meeting with CBRC

Ms. Hao Wang and Thomas Lee, member of Executive Committee of HK Branch of Society of Trust and Estate Practitioners (STEP), visited the Mr. Kasheng Ke, director of Non-Bank Financial Institutions Supervision of China Banking Regulatory Commission on Aug 23th 2006 in Beijing. Ms. Wang and Mr. Lee introduced the establishment, development and function of STEP and expressed their interests to establish a Branch in Mainland China. STEP is willing to be the bridge between overseas trust companies and PRC trust companies to promote mutual understanding for further cooperation.

Cooperation with Sino-EU Financial Services Programs

Ms. Hao Wang from RayYin was recently appointed by European Saving Bank to conduct a series of researches for the current legal framework of PRC Commercial Bank, Trust and Investment Companies, PRC Asset Management Companies, Regulatory and Supervisory Reform and Banking Supervisions for Sino-EU Financial Services Programs. The research is aimed to give more insights to overseas professionals. The second patch of topic will also cover consumer finance.(19/Jun/2006)

Speech in Withers London

Mr. Yi Zhou and Ms. Hao Wang were invited to make a speech titled PRC Trust Business in Withers London office on May 12th 2006. There were 20 lawyers in its London office and 1 lawyer from its Geneva office attended the seminar due to the advanced teleconference technology. Ms. Wang pointed out that due to the attraction of AIM in London, the high net worth Chinese individuals are seeking the help of overseas trust companies to set up family trust when their companies successfully floate in AIM. However, the foreign lawyers and trustees need to understand the regulations of foreign exchange control to comply certain reporting obligations to PRC government. Mr. Zhou introduced the first and the only trust case decided by PRC court.(19/May/2006)

Fight with Forged Products for A European Company 
A famous pipe producer in Beglium found itself busy with suing importers in Eastern Eatern Euorpe that imported forged pipe with the same logo from China. RayYin was appointed to help the company to protect its IP rights and cease the illegal production in China.(20/ Apr /2006)

Debt Collection Department Launched in RayYin 
Headed by Mr. Qunjun Hong, a brand new Debt Collection Department composing of ten lawyers will be formaly launched in RayYin. Mr. Hong, pioneering in professional collection services in 2001, has provided debt collection services for quite a few credit card centers of many banks including China Merchant Bank. Recently, EBAY ENET has engaged RayYin to provide the collection service due to its advanced facility and good team work. RayYin is able to cover Beijing, Guangdong, Shanghai and Anhui in terms of debt collection service.(20/ Apr /2006)

Legal Advisor for Dashanzi International Art Festival 2006("DIAF 2006") 
RayYin was engaged by ThinkHand, the organizer of DIAF 2006, to provide documentation and intellectual property rights consultancy service for the artists in the Festival. DIAF, originated in 2004, is a contemporary art hightlight event in Beijing where 50 international artists and 100 domestic artists from 5 different areas including dancing, photography, painting and sculpture will domonstrate their performance in a three week event commencing from 29th April 2006.(11/ Apr /2006)

Internatinal Computer Driving License("ICDL")Commence its China Development with the Help of RayYin 
ICDL Asia Pacific kicked off its China expansion by engaging RayYin to help its incorporation and registration in Beijing, the estabishment of which shall enable local Chinese to participate the test run by ICDL for an internationally recognised qualification that enables people to demonstrate their competence in computer skills.(11/Apr /2006)

Speech in British Chamber of Commerce China 
Following the interview titled A Matter of Trust focusing the PRC trust industry by EU Chamber of Commerce Magazine last October, British Chamber of Commerce China ("BCCC")invited Mr. Yi Zhou and Ms. Hao Wang to speak about PRC Trust Law and Trust Business in Capital Club Beijing on March 2nd 2006. Mr. Zhou and Ms. Wang gave a lively presentation by analysing the Chinese Trust Law 2001 and pointing out the opportunities for foreign financial groups including trust companies in China due to the unstafisfied performance of domestic trust companies to the members of BCCC, the majority of which are financial companies and consulting companies in Beijing. Mr. Barry Livett, EU Project director for security industry and Project Co-ordinator introduced the distinctive achievement of Mr. Zhou and Ms. Wang in trust law field on behalf of BCCC.(2/ March /2006)

Speech for China Credit Trust & Investment Company in Beijing 
Mr. Yi Zhou and Ms. Hao Wang were invited to give a speech on The Comparative study of Trust Law and Trust Business of P.R.C. and UK by China Credit Trust & Investment Company in Beijing on 27th. 2005.(30/May/2005)

Speech of P.R.C. Trust Law in HK
Mr. Yi Zhou was invited to give a speech on P.R.C. Trust Law in Hong Kong by Asia-Pacific Regional Committee of Lawyers Association Worldwide ("LAW") on 4th May 2005.(30/May/2005)

Chairman of Law Visited RayYin Shenzhen office 
The Chairman and executive secretary of  LAW visited RayYin & Partners Shenzhen office on 9th May 2005.(30/May/2005)

Speech of P.R.C. Trust Law in Singapore 
Mr. Yi Zhou  and Ms. Hao Wang were inviter to give a speech on P.R.C. Trust LAW in Singapore by STEP Singapore branch on 18th May.(30/May/2005)

Visit Singapore Law Firms
Mr. Yi Zhou and Ms.Hao Wang visited 4 Singapore Law firms and discussed the possibility of cooperation in the areas of foreign investment and corporate from 16th to 19th May 2005.(30/May/2005)

Mr. Yuhai Yu accompanied a Czech Financial Institution to visit Shenzhen to discuss real estate business in China in April.(26/Apr/2005)

Ms. Hao Wang had a meeting with the director of Banking Division of Sino-EU Financial Programs to discuss how to help China Banking Regulatory Committee and Trust Companies in China to understand more about regulation and business of trust in China in April 2005.(26/Apr/2005)

 Ms. Hao Wang will visit Society of Estate and Trust Practioners ("STEP")HongKong Branch and discuss how STEP set up a China Branch in the future on 5th May 2005.(25/Apr/2005)

Mr. Yi Zhou will speak on P.R.C. Trust Law in Asia Pacific Regional Meeting of Worldwide Lawyers Association in Hong Kong on 6th May 2005.(24/Apr/2005)