Kevin Zhan

Hong Kong and Overseas Capital Markets, Securities Dispute Resolution, Equity Investment and Acquisition

0755-8958 5892 zhanli @chonglilaw.com

Kevin Zhan is the Managing Partner of Chong Li and a member of the Revolutionary Committee of the Chinese Kuomintang (RCCK).

Mr. Zhan has practiced law for over a decade and has represented clients in numerous commercial dispute resolution matters, including M&A disputes involving listed companies, securities misrepresentation litigation, equity incentive disputes, nominee shareholding disputes, equity repurchase disputes, and private lending cases.

In the area of investment and M&A, he has led transactions with a total value exceeding RMB 50 billion, covering a broad range of commercial scenarios such as PE/VC equity investments, major restructurings and acquisitions in the capital markets, strategic industrial investments, outbound direct investment, and foreign direct investment.

In the field of overseas capital markets, he has advised on several M&A transactions and initial public offerings (IPOs) on Nasdaq. He also provides long-term and project-based legal advisory services to listed and non-listed companies, including equity structuring, employee incentive plans, and labor compliance, supporting clients in corporate governance and capital operations.

Prior to founding Chongn Li, Mr. Zhan held positions at Beijing Dentons Law Offices and TCL Technology Group.

His core areas of practice include equity investment and acquisition, commercial dispute resolution, and Hong Kong and overseas capital markets. He has extensive experience in both litigation and non-contentious matters.


Representative Matters：


Commercial Dispute Resolution：

  • Represented a listed company in a securities misrepresentation claim brought by investors due to discrepancies between performance forecasts and actual results.

  • Represented a listed company in a disclosure violation claim related to undisclosed fund occupation.

  • Represented a listed company in a securities misrepresentation case involving undisclosed related-party transactions and inaccurate annual reports.

  • Represented a listed company in a securities misrepresentation dispute over failure to disclose material contracts.

  • Represented a listed company in a claim involving failure to disclose significant litigation.

  • Represented a listed company in a contract dispute involving more than RMB 70 million arising from an M&A consideration payment.

  • Represented senior executives in nominee shareholding disputes involving listed companies, with amounts ranging from RMB 24 million to RMB 45 million.

  • Represented an ESOP platform and executives in an equity repurchase dispute exceeding RMB 10 million.

  • Represented investors in equity repurchase disputes in excess of RMB 20 million.

  • Represented a private equity fund in a dispute involving equity transfer and earn-out clauses worth nearly RMB 60 million.

  • Represented clients in private lending disputes involving RMB 20–50 million.

 

Equity Investment and Acquisitions:：

  • Represented Yunfeng Fund in a RMB 100 million Series A investment in a TCL subsidiary.

  • Represented Lenovo (Beijing) Co., Ltd. in a RMB 10 million Series A investment in a Shenzhen-based medical tech company.

  • Represented Shenzhen Capital Group in a RMB 15 million Series B investment in a Shenzhen-based medical tech company

  • Represented TCL CSOT and Sanan Semiconductor in a RMB 200 million joint venture.

  • Represented TCL in its USD 300 million acquisition of a Japanese electronics company's TV business.

  • Represented TCL Technology in its RMB 2.8 billion acquisition of Moka International Limited

  • Represented CSOT in its RMB 3.4 billion strategic investment in Japan's JOLED.

  • Represented Wuhan CSOT in its RMB 2.86 billion acquisition of a 70% stake in Wuhan Huaxian.

  • Represented TCL Technology in its acquisition of equity in Wuhan CSOT through a combination of cash, share issuance, and convertible bonds.

  • Represented Xiaomi Group in a RMB 500 million investment in TCL Technology and TCL Industrial.

  • Represented TCL Technology in a RMB 4.6 billion asset divestiture of its smart terminal business.

 

Hong Kong and Overseas Capital Markets:：

  • Represented Agrilife Carbon Holdings Limited (01069.HK) in its acquisition of a domestic company through shares and cash.

  • Represented a Hong Kong SPV of TCL in a domestic M&A transaction

  • Represented a Shenzhen-based tech company in its IPO on Nasdaq

  • Represented a Beijing-based tech company in its Nasdaq IPO

  • Represented TCL Industrial in mandatory tender offers for TCL Electronics (HK1070) and Tonly Electronics (HK1249)

  • Represented Nasdaq-listed MicroCloud Hologram Inc. (HOLO) in a USD 100 million offshore refinancing

  • Represented Nasdaq-listed MicroAlgo Inc. (MLGO) in a USD 100 million offshore refinancing.

  • Represented Nasdaq-listed WiMi Hologram Cloud Inc. (WIMI) in a USD 300 million offshore refinancing

  • Represented a Beijing internet company in an RTO and OTCQB listing.

 

Other Notable Work:

  • Advised companies such as Zhongqingbao, TCL Environmental Tech, Gree-intelligence, and CloudSky on equity incentive plans

  • Led multiple merger control filings, including: JV formation between TCL and Sanan; Acquisition of a domestic display panel company by a Hong Kong-listed company; Acquisition of 100% equity in Moka International by TCL;Formation of a JV between TCL Technology and TCL Industrial.

  • Provides long-term legal advisory services to both listed and private companies, including ZT Intellectual Property and Jingfeng Pharma.