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In the pleasant early summer when all things thrive, on the morning of June 3, 2026, a five-member delegation led by Zhang Xu, Director of our firm, together with Shen Mingwei and Jia Qi, members of the Management Committee, paid a visit to Shanghai Hugang International Consulting Group for study and exchange. Guo Kangxi, Chairman of Shanghai Hugang International Consulting Group, together with relevant leaders and experts of the group, gave a warm reception and participated in the whole seminar.

 

1. Learning Advanced Experience from a Benchmark Enterprise

With thoughtful arrangements by Shanghai Hugang International Consulting Group, our team first toured the group’s headquarters building and exhibition hall of honors, and learned comprehensively about its development journey since its founding in 1999. Starting from a hard pioneering period with a team of more than a dozen people led by Chairman Guo Kangxi, the group now has over 600 employees and owns a self-built headquarters building of 12,000 square meters in Xujiahui, the core area of downtown Shanghai. It has grown into a large comprehensive consulting group with diversified businesses including financial audit, project cost management, engineering consulting, bidding agency and asset appraisal. It is noted that the audit affiliate of the group ranks among the world’s top professional accounting firms, and its project cost consulting business has topped the national Top 100 list for many consecutive years. The group has been awarded many national honors such as National Civilized Unit and National May 1st Labor Medal.

In his speech, Director Zhang Xu stated: "We deeply admire the spirit of Shanghai Hugang International Consulting Group of treating occupation as a career and devoting true passion to the career. This visit aims to learn from your advanced experience in in-depth business integration, construction of integrated comprehensive service platforms, industrialization and international operation of modern service industry, internal control and quality management, as well as interdisciplinary collaborative operation, so as to help our firm break through development bottlenecks and expand development paths. In addition, we intend to tap in-depth cooperation opportunities. Our two parties feature complementary business sectors and highly overlapping client groups. The demand for one-stop full-cycle enterprise services keeps growing, which promises broad cooperation prospects."

2. Complementary Professional Advantages and Initial Consensus on Cooperation

Shanghai Billionslawyer LLP is a high-end boutique law firm focusing on corporate and commercial litigation, investment and trade, taxation and capital market services. We have obtained securities legal service qualifications issued by the Ministry of Justice of the People's Republic of China and the China Securities Regulatory Commission, and established the Shanghai Lixin Tax Dispute Resolution Research Center. Our core partners have years of working experience in judicial authorities. Some of our lawyers also serve as university teachers, and many hold multiple professional qualifications including lawyer, Certified Public Accountant, Tax Agent and securities and fund practitioner. We are a rare boutique firm integrating litigation, finance, taxation and legal services across the industry.

Currently, our legal services cover eight major sectors: corporate and commercial litigation, tax law, criminal compliance and defense, investment and trade, intellectual property rights, immigration, banking and finance, and dispute resolution. We have long provided professional services for leading large and medium-sized enterprises including Tencent, China Merchants Bank, Sinopharm Group, COFCO Group, Pop Mart and Sino-Ocean Group. We have fully and deeply participated in litigation, mergers and acquisitions, bond issuance, compliance development and major dispute resolution for numerous listed companies, and have won wide recognition from clients.

 

Based on respective resources and professional strengths, the two sides reached two initial cooperation consensuses during the seminar:

Deepen joint team building and interaction. Take team building as the bond of cooperation to establish a regular joint construction mechanism and jointly carry out seminars, so as to drive business integration and development. Relying on the cooperation platform, the two sides will jointly hold special summits for entrepreneurs and industry development forums, and take turns to host or co-organize entrepreneur salons, business environment seminars and industry policy interpretation meetings, to gather resources from governments, enterprises and entrepreneurs and boost the development of the real economy.

Expand regular all-round business collaboration. Following the general trend of cross-border integration in the professional service industry, we will promote in-depth collaboration between legal services and audit, appraisal as well as consulting. Focusing on key businesses such as due diligence for corporate mergers and acquisitions, major infrastructure projects, daily compliance management and corporate crisis handling, we will implement standardized collaborative service models of Consulting + Legal, Audit + Legal and Appraisal + Legal. The two sides will share think tank resources, jointly organize professional training, case discussions and talent cultivation, break down barriers to cross-border services, deliver more valuable one-stop full-cycle services to clients, and jointly explore new models for the integrated development of modern professional service institutions.

3. Forge Ahead Hand in Hand to Open a New Chapter of Cooperation

This inspection and exchange has not only deepened mutual understanding, but also laid a solid foundation for substantial follow-up cooperation. Taking this exchange as a new starting point, our firm will continue to strengthen ties with Shanghai Hugang International Consulting Group, actively explore new paths for cross-border cooperation among professional service institutions, and strive to create greater value for clients.

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Shanghai BillionsLawyer LLP

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