Recently, the legal team led by Xian Yu, a consultant of Gao Peng Law Firm, successfully provided special legal services for the overseas M&A bidding project of Chongqing Heruikang Grain and Oil Co., Ltd. (hereinafter referred to as "Heruikang"). The professionalism and accuracy of this service have been highly recognized by customers.

In 2022, through its wholly-owned subsidiary, Alashankou Herikang Agricultural Products Co., Ltd., participated in an international tender for the sale of its Kazakhstan assets by a central state-owned enterprise to acquire 100% of the equity and assets held by its Dutch subsidiary, with KPMG Kazakhstan and KPMG China as financial advisors respectively.

In this project, Mr. Xian Yu of Gaopeng Law Firm led the team and cooperated with Kinstellar, an international law firm in Kazakhstan, to provide professional and efficient legal services for the transaction structure design and demonstration, transaction document modification and negotiation, non-contractual quotation and binding quotation submission of this project, overcoming various difficulties during the epidemic, and finally assisting the client to complete the bid, fully demonstrating the advantages of Xianyu's legal team in providing customers with efficient legal services in cross-border transactions. Received unanimous appreciation from clients and relevant intermediaries.

This overseas M&A bid is the first step in international M&A taken by Herikang after investing in Greenland in Vietnam, and will accumulate valuable experience for its future industrial M&A integration in the international market. At the same time, the acquisition of Kazakhstan assets is conducive to expanding the upstream industrial chain, further enhancing the stability of the supply chain, promoting the layout of its international business, and enhancing its comprehensive competitiveness.

Founded in 2000, Heruikang has been committed to the construction of agricultural product supply chain, after more than 20 years of development, it has invested in the construction of a series of agricultural product processing and storage bases in Vietnam, Xinjiang Alashankou, Chongqing Wanzhou and other countries and regions.


(This article is translated by software translator for reference only.)