Recently, Beijing Jundu Law Firm has successfully won the bid for the legal service project of deepening reform of China's provincial industrial units, reforming state-owned enterprises and solving historical legal issues of State Grid.

The win marks Jundu's second involvement in assisting the State Grid's transition as a state corporation. Its first involvement was in the strategic deployment and transformation of the State Grid's agricultural and electric power enterprises. This is not only due to the rich legal experience and the strong team of lawyers at Jundu, but it must also be attributed to the recognition of Jundu's legal expertise by  State Grid.

State Grid is a state-owned company directly managed by the central government, with a registered capital of RMB 829.5 billion, and a core business consisting of investment, construction and operation of power grids. In 2020, State Grid was ranked No. 3 in the Fortune Global 500.
 
Jundu's financial capital team has more than 20 years of practical experience, covering all aspects of state-owned enterprise restructuring and property rights transactions, mergers and acquisitions, private equity and securities issuance, etc. It has successfully trail-blazed a series of major transactions that set market precedents and served clients including major central enterprises, real estate and financial giants. In the future, Jundu will endeavour to provide the most valuable legal services to our clients, while upholding the value of being a “plower” in the industry, committing itself to the righteous principle of law, while dedicating itself to create a life of quality and fulfilment.