□ Asset Management

Kone’s asset management business demonstrates Kone’s creativity and market leadership.

China’s asset management industry is constantly developing. KONE maintains close working relationships and communicates closely with government agencies including the China Banking Regulatory Commission, China Securities Regulatory Commission, China Insurance Regulatory Commission, and the Ministry of Human Resources and Social Security. These all help us to not only Focus on the current legal and regulatory framework, and conduct forward-looking considerations on future legal and regulatory developments. Our understanding of regulatory practices and the considerations and concerns of government agencies, combined with our accumulated experience in handling regulatory matters, gives us an advantage when representing innovative products.

One of KONE’s partners was appointed by the Ministry of Human Resources and Social Security twice in 2005 and 2007 as an expert in the qualification accreditation of enterprise annuity fund management institutions.

Kone’s lawyers have represented financial institutions such as Banca Lombarda, Lord Abbett, Prudential, Commonwealth Bank of Australia, Fortis Group of Belgium, Scotiabank, Industrial and Commercial Bank of China, Shanghai International Trust and Investment Company, Shenyin & Wanguo and other financial institutions. China has established ten joint venture fund companies to provide services.

Kone’s lawyers represent many domestic fund management companies, trust companies, and many overseas asset management institutions.

Kone Asset Management’s business includes:

· Establishment of public funds

· Fund company special account financial management

· Trust products

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· Establishment of private equity funds

· Corporate annuity

· Custody business

· QDII

· QFII

□ Banking and Project Financing

Banking and project financing business is one of KONE’s core business areas. Clients represented by KONE include Chinese and foreign banks, other financial institutions, borrowers, project sponsors and export credit agencies. Our services include due diligence, drafting transaction documents, participating in negotiations, assisting clients with necessary approvals, registrations, filings and issuing legal opinions. We have worked with all types of parties, so we have a more comprehensive understanding of the various types of transactions involved in this area.

KONE has established close working relationships with relevant government agencies such as the China Banking Regulatory Commission, the People's Bank of China, and the State Administration of Foreign Exchange. This working relationship benefits customers in all business areas, especially banks. financial clients. We regularly represent clients in matters with these institutions, while assisting clients in complying with various regulatory requirements in China's financial services industry. Strong relationships with government agencies help us advise clients on the latest regulatory developments and their impact on how they conduct business.

KONE has an in-depth understanding of Chinese laws and internationally accepted project financing practices. We regularly handle cross-border, multi-currency transactions. When involved in complex transactions, we attach great importance to transaction management, so we always strive to find quick and satisfactory solutions for transactions.

KONE has also accumulated rich experience in representing financial institutions in restructuring, acquisitions and mergers.

The Chinese and English documents drafted and produced by KONE not only comply with the provisions of local Chinese laws and the requirements of regulatory authorities, but also comply with international standards.

Kone Bank and project finance businesses include:

· Acquisition financing

· Corporate lending

· Derivatives and structured products< /p>

· Export Credit

· General Banking

· Mergers and Acquisitions

· Project Finance

· Private Banking Business/Retail Banking

· Restructuring

· Structured Finance

· Trade Finance

□ Capital Markets/Corporate Finance

Kone Law Firm occupies a leading position in the field of China's capital market business. We represent issuers and underwriters in transactions including initial public equity offerings, corporate refinancings, investment grade, high-yield (bond) and convertible debt offerings. No matter how complex the transaction or how time-sensitive the deal, we can handle it. Our understanding of the market and our own creativity enable us to achieve our clients' requirements to the greatest extent, and also create a series of groundbreaking transactions. We recently represented China's Sinochem Group Corporation in the public issuance of stock options and the feasibility of bond separation transactions. One example is the conversion of corporate bonds, one of the first such transactions in the Chinese market.

We assist our clients at every stage of their company's development - from initial financing to initial public offerings and subsequent issuances of equity and debt securities. While we pride ourselves on designing new and innovative transactions, our ultimate goal is to maximize our clients' interests. We often find that the simplest solutions are often the best.

We have close working relationships with the China Securities Regulatory Commission, the Ministry of Commerce and other central and local government departments.

One of our partners was a member of the Issuance Review Committee of the China Securities Regulatory Commission. These close working relationships enable us to understand the standards these authorities are developing in regulating China's ever-changing capital markets, and enable us to anticipate changes and quickly resolve regulatory or enforcement issues.

□Corporate and Commercial

Kone’s corporate lawyers represent numerous multinational and Chinese companies in their investment and commercial activities. We provide a wide range of legal services, ranging from the privatization of state-owned enterprises to internal corporate management matters.

Kone’s lawyers not only handle all aspects of the transaction process, including complex approval procedures, structured investments, negotiations, drafting required documents, and due diligence, but also deal with legal issues that arise in the client’s daily operations. Provide legal services on , administrative and regulatory issues. On the regulatory front, our clients benefit greatly from our close working relationships with relevant government authorities.

Kone handles large amounts of foreign direct investment and reinvestment. Our partners are fluent in English, French or Japanese, and most of our lawyers have experience studying or practicing abroad, including in some common law countries. This background can help us provide international services and help our customers successfully enter the Chinese market. We have assisted many multinational companies in setting up and developing their businesses in China, and also provided advice on legal matters in their daily operations.

Kone's corporate and commercial businesses include:

· Corporate restructuring and restructuring

· Mergers and acquisitions

· Foreign direct investment and repurchase Investment

· Establishment and changes of companies

· Establishment and changes of company branches and representative offices

· Overseas investment

· Company secretarial services

· Establishment of enterprise groups

· Corporate taxation

· Intellectual property rights

· Industry relations and labor relations

· Partnerships

· Corporate bankruptcy and liquidation

□ Dispute resolution

Kone has many lawyers who specialize in commercial litigation and arbitration. These lawyers are experienced and skilled, and are quite familiar with China's judicial practice. It is our aim to safeguard the interests of our customers quickly and effectively. Our lawyers can represent Chinese and foreign clients in different fields to appear in court proceedings in Shanghai and other regions, apply for compulsory measures from the court, investigate the property status of the person subject to execution, and assist the court in carrying out compulsory execution. We can also represent domestic and foreign clients in international arbitration, or utilize our firm’s business partnerships with international law firms to assist domestic clients in litigation abroad.

Kone mainly represents parties in commercial litigation or commercial arbitration in the following areas:

Banking, finance and securities business

· Credit litigation

· Bill litigation

· Letter of credit settlement litigation

· Disputes between securities investors and securities firms

· Futures disputes

Company business

· Investment disputes

· Labor disputes

· Trade disputes

· Intellectual property disputes

· Franchise Rights disputes

·Disputes between shareholders, directors, managers and the company

Real estate business

·Real estate participation and joint construction disputes

· Real estate sales and transfer disputes

· Real estate leasing disputes

· Real estate mortgage disputes

· Survey, design, construction, and installation contract disputes

International trade and maritime disputes

· Sales contract disputes

· International settlement disputes

· Bill of lading disputes

· Charter party disputes

· Cargo damage disputes

· Marine insurance disputes

Other commercial disputes

□ Financial institutions

As a leading Chinese law firm, we provide financial institutional clients with a full range of legal services including overseas direct investment, initial public offerings, mergers and acquisitions, and strategic cooperation.

□ Acquisitions and mergers/asset restructuring

Acquisitions and mergers/asset restructuring is one of KONE’s main businesses.

Kone’s mergers and acquisitions practice covers a wide range of transactions, including acquisitions and sales of state-owned assets, private enterprises, subsidiaries and branches; tender offers, mergers, joint ventures and strategic alliances; leveraged buyouts; private chemical transactions; cross-border transactions; equity investments in state-owned and private enterprises. Our clients include both domestic and foreign companies, target companies and investment companies, private enterprises and state-owned enterprises. Kone is involved in all aspects of the transaction, from transaction design to due diligence, multi-lingual document production, delivery management, etc.

Kone provides professional services to meet the special requirements of mergers and acquisitions in China. Our good foresight of market dynamics and accurate grasp of regulatory policies give us an even greater advantage when assisting our partners in carrying out relevant transactions.

A large part of our business is cross-border transactions, and the relationship with the government is equally important in mastering the laws and regulations governing cross-border transactions. In addition, our extensive experience in mergers and acquisitions also reflects our ability to handle unique issues when conducting due diligence in the country.

The field of mergers and acquisitions and other business areas support each other and cooperate. For example, when handling M&A transactions for financial institutions, bank lawyers work closely with M&A lawyers. Similarly, given the characteristics of China's real estate market, our real estate lawyers often have strong support from lawyers in the M&A field.

Similarly, KONE's restructuring practice relies on expertise in banking, finance, capital markets and antitrust practices. Collaboration across all business areas enabled the restructuring to proceed smoothly. Of course, we strive to seek unanimous consent from both parties to the transaction in our work, but when the negotiation method does not work, we will not hesitate to adopt other solutions. We are committed to providing innovative, efficient and customer-focused services to our customers.

□ Private Equity Investment/Venture Capital

Kone often provides legal services to overseas private equity investment/venture capital institutions engaged in large-scale and complex cross-border investment projects in China. We also represent domestic clients in raising capital from private equity/venture capital funds. We have a deep understanding of Chinese laws, regulations and regulatory requirements related to transactions, as well as a comprehensive understanding of the prevailing operations and requirements in the international private equity investment/venture capital industry.

□ Real Estate

China’s real estate market is very unique. The government owns all land and the land use rights are transferred within a certain period of time. The laws and regulations regarding the grant and transfer of land use rights are extremely complex.

KONE's creativity and innovation have made us famous in this context and have led us to be the leader in the real estate industry. We represent property developers, banks, domestic and international buyers and sellers, builders and designers. Our projects include hotels, shopping malls, high-end villa developments and office buildings.

Familiarity with the legal system and cooperation with local and central-level government agencies, such as the Ministry of Commerce, the State-owned Assets Supervision and Administration Commission, etc., ensure that we provide legal services for the completion of our clients' real estate transactions.

Kone provides all services needed to complete the transaction process, from transaction design, negotiation, due diligence, production of multi-lingual documents to delivery management.

Kone’s real estate business includes:

· Investment, acquisition and merger of real estate projects

· Land use rights grant and transfer

· Regulatory procedures involved in real estate development

· Real estate leasing

· Real estate development financing

· Real estate mortgage

· Property management< /p>

· Real estate transfer

· Survey, design, planning, construction and installation

□ Tax/Customs

KONE’s tax/customs team It is composed of tax service professionals with a legal education background and who have served in the "Big Four" accounting firms. They have a comprehensive knowledge structure of law, taxation and financial accounting, and have many years of experience in professional tax/customs legal services. Lawyer Tongli was selected as the only mainland Chinese lawyer ranked highest in the "Taxation Field" by Chambers Asia 2008. In addition to providing customers with professional tax problem solutions and tax planning solutions, KONE's tax/customs team pays more attention to fully coordinating the relationships and interests among the legal, financial, business and other departments within the company, and integrating tax law issues with other legal issues , financial processing issues, customs issues, foreign exchange issues, business operation issues, etc. shall be integrated and considered to provide customers with professional comprehensive business model optimization solutions.

Kone’s tax/customs services include:

1. Regular tax projects

a) Foreign direct investment tax/foreign exchange analysis and planning

b) Tax-related special compliance review and tax risk assessment

c) Design and assessment of tax risk management system

d) Tax consultation and tax training in daily operations , tax comments

e) Tax dispute resolution

2. Special tax service projects

a) Legal optimization of specific business models

b ) Special tax planning and tax risk control during mergers and acquisitions, corporate restructuring, mergers and divisions, and equity transfers

c) Special tax planning for cross-border transactions

d) Transfer pricing and advance negotiation

e) Analysis and plan design of tax-related issues in major transactions

f) Analysis and plan design of hot tax-related issues

3. Customs service projects< /p>

a) Design and evaluation of import and export transaction structures and preparation and review of transaction documents

b) Analysis and evaluation of major equipment import models and preparation and review of transaction documents

c) Analysis and design of processing trade structure and preparation and review of transaction documents

d) Legal optimization of customs business model based on taxation and foreign exchange planning

e) Consulting and handling of customs protection of intellectual property rights

f) Legal assistance for customs investigations and inspections