JT&N is pleased to announce that it represented Genoil Inc. (“Genoil”) in entering into a comprehensive joint venture contract with Hebei Zhongjie Petrochemical Group Co. Ltd. (“HYT”) for the establishment of a refinery and oil upgrading joint venture company. The proposed total amount of investment is USD$700 million.
The JT&N Team is led by Beijing-based senior partner Guohua (Annie) Wu. “We are honored to have played an important role in this very important transaction for Genoil.” said Ms. Wu. Team members also include counsel Weimin Zhang, and associates Qianhao (Denny) Xu and Danlin Chang on this project.
Guohua (Annie) Wu was nominated as the PRC Deal Maker of the Year by Asian Legal Business in 2013 and she has recently been named as Asialaw Leading Lawyer (in the Corporate & M&A category) by Asialaw Leading Lawyers.
JT&N was awarded as the China Business Law Awards Winner (in the International Trade category) by China Business Law Journal in 2014 and was nominated as the China Law Firm of the Year and the Beijing Law Firm of the Year by Asian Legal Business in 2013.
Jincheng Tongda & Neal (“JT&N”), founded in 1992, is a leading law firm in China and represents clients on a wide range of matters and complex negotiations including foreign direct investment, M&A, commercial arbitration, real estate, intellectual property, tax and insurance law. The Firm has offices in Beijing, Shanghai, Chengdu, Shenyang, Shenzhen, Ji’nan and Xi’an.
Genoil Inc. is a research and development company focused on crude and residual oil desulfurization, upgrading, carbon reduction, and water purification technologies.
Hebei Zhongjie Petrochemical Group Co. Ltd. is a large-scale group company focused on petrochemical products processing, sales, transportation, etc.
More information about JT&N can be obtained at www.jtnfa.com