As a graduate of leading law schools in China and abroad, Gloria YANG holds an LL.M. from the University of California, Berkeley and a Master of Laws from China Foreign Affairs University, and currently serves as a Senior Partner at Beijing Dacheng Law Offices, LLP.

Since 2009, Gloria has focused on major projects and matters in the field of cross-border legal services and has accumulated practical experience in more than 30 cross-border projects across multiple overseas jurisdictions. We have provided professional legal support for Chinese enterprises’ investments or disputes in jurisdictions including Nigeria, Liberia, Ethiopia, Sierra Leone, the Democratic Republic of the Congo, Angola, Mozambique, Portugal, Brazil, Ecuador, Venezuela, Nicaragua, Chile, Bolivia, Mexico, Bosnia and Herzegovina, Serbia, Montenegro, North Macedonia, Bulgaria, Croatia, Georgia, Hungary, Luxembourg, Germany, Uzbekistan, Kazakhstan, Bolivia, Pakistan, Cambodia, Indonesia, Singapore, Laos, Canada, and the United States.

Gloria has been deeply involved throughout the full lifecycle of international projects, covering greenfield investments, cross-border M&A, EPC structuring, project financing, project operation and management, asset divestiture, project liquidation, and dispute resolution, including drafting transaction documents, designing deal structures, and leading transaction negotiations at each stage. In particular, in 2018 the lawyer assisted a central SOE in completing the acquisition of an Indonesian ferronickel project with a total investment of US$1 billion, which was listed as a key project under the Belt and Road Initiative jointly built by China and Indonesia and as a strategic national project in Indonesia; in 2021 the lawyer assisted a central SOE in completing the acquisition of an 84 MW wind power project in Bosnia and Herzegovina with a total investment of EUR 130 million, which was expressly listed as a major national project in Bosnia and Herzegovina; in 2023 the lawyer assisted a central SOE in completing the acquisition of a 300 MW wind power project in Serbia with a total investment of EUR 497 million, marking the successful landing of the first new energy investment by a Chinese enterprise in Serbia, representing a pioneering milestone and the latest achievement of China–Serbia cooperation in the new energy sector.

Gloria has provided legal services to China First Heavy Industries Group Co., Ltd., China First Heavy Industries Co., Ltd., Gd Power Development Co.,Ltd, China Railway Electrification Engineering Group Co., Ltd., China National Technical Import and Export Corporation, PowerChina International Group Limited, PowerChina Resources Limited, CNIC Corporation Limited, China Yangtze Power Co., Ltd., Sinopec International Petroleum Exploration and Production Corporation, WISCO International Resources Development & Investment Limited, CGN Solar Energy Development Co., Ltd., and other large central SOEs as well as a number of large private enterprises. With extensive capabilities in integrating domestic and international resources and strong expertise in delivering legal services, the lawyer supports Chinese enterprises in achieving the secure and stable implementation of projects both within and outside China throughout the entire process.

In 2025, served as lead counsel in providing comprehensive legal advisory services for a large-scale iron ore project in Liberia involving the investment, construction, and operation by a private enterprise, including but not limited to the design of the offshore investment structure, establishment of a global sales system, planning of an offshore cash pool, review and negotiation of project contracts and transaction documents, and ongoing day-to-day legal advice for project operations.

In 2025, served as lead counsel, coordinating with a local law firm in Nicaragua to provide end-to-end legal services for a private enterprise’s acquisition of the concessionary mining rights for 12 gold-copper mines held by a Nicaraguan project company, including country-specific legal due diligence, project legal due diligence, transaction structure design and substantiation, drafting of transaction documents (including but not limited to the share acquisition agreement, shareholders’ agreement, and articles of association), and assistance with closing.

In 2024, served as lead counsel, coordinating with a local law firm in Serbia to provide ongoing day-to-day operational legal services for a central state-owned enterprise’s investment in a 300MW wind power project in Serbia, including routine corporate governance, shareholder cooperation matters, review and revision of the shareholders’ agreement and the company’s articles of association, and provision of legal opinions on post-equity closing matters (RtB2), among others.

In 2024, served as lead counsel, coordinating with a local law firm in Canada to provide legal services including feasibility analysis of transaction structuring for a central state-owned enterprise’s mineral project investment in Canada.

In 2024, served as lead counsel, coordinating with local law firms in Ethiopia and Hong Kong to provide legal services for a central state-owned enterprise’s engineering project in Ethiopia, including review of the EPC contract, feasibility analysis of cross-border financing structure, review of cross-border financing agreements, and consultation and negotiation support.

In 2024, served as lead counsel, coordinating with local law firms in Bosnia and Herzegovina and Luxembourg to provide full-process legal services for the offshore restructuring of an 84MW wind power project in Bosnia and Herzegovina, including feasibility analysis of transaction structuring, preparation of the share purchase agreement (SPA), and project closing.

In 2024, served as lead counsel, coordinating with a local law firm in Sierra Leone to provide legal services in relation to the provision of security for receivables under the EPC contract for a central state-owned enterprise’s heavy fuel oil power plant project in Sierra Leone, including review and revision of the mortgage agreement over construction in progress, equity pledge agreement, and mining right pledge agreement, issuance of legal opinion, and assistance with completion of local mortgage/pledge registration.

In 2024, served as lead counsel, coordinating with a local law firm in Bosnia and Herzegovina to provide legal advisory opinions regarding the wind turbine O&M services and BOP O&M services for a company owning an 84MW wind power project in Bosnia and Herzegovina.

In 2023, served as lead counsel, coordinating with a local law firm in Serbia to provide compliance legal services for a central state-owned enterprise’s investment in a 300 MW wind power project in Serbia, conducting compliance investigations and providing compliance risk recommendations covering domestic and overseas regulatory requirements, project transfer and exit, project development and implementation, day-to-day operations, the shareholder structure and creditworthiness of counterparties, and administrative penalties/litigation and arbitration/international sanctions.

In 2023, served as lead counsel, coordinating with local law firms in Serbia and Luxembourg to provide full-process legal services for a central state-owned enterprise’s investment in a 300MW wind power project in Serbia, including country-specific legal due diligence, project legal due diligence, transaction structure design and substantiation, review of the IA/PPA, preparation of the share purchase agreement (SPA) and shareholders’ agreement (SHA), and closing negotiations.

In 2023, served as lead counsel, coordinating with local law firms in Serbia and Luxembourg to provide compliance due diligence legal services in relation to the Vetrozelena project in Serbia and its counterparties for a central state-owned enterprise.

In 2023, served as lead counsel, coordinating with local law firms in Bosnia and Herzegovina and Luxembourg to provide full-process legal services for a central state-owned enterprise’s acquisition of 10% equity interest in a company owning an 84MW wind power project in Bosnia and Herzegovina, including legal due diligence, preparation of the share purchase agreement (SPA) and shareholders’ agreement (SHA), and project closing.

In 2023, served as lead counsel, coordinating with a law firm in Georgia to provide full-process legal services for a central state-owned enterprise’s investment in a 100MW wind power project in Georgia, including country-specific legal due diligence, project legal due diligence, transaction structure design and substantiation, review of the IA/PPA, and drafting of transaction documents including the share purchase agreement (SPA) and shareholders’ agreement (SHA).

In 2023, served as lead counsel, coordinating with a law firm in Cambodia to provide legal services for a central state-owned enterprise’s investment in an 80MW photovoltaic project in Cambodia, including design and substantiation of the investment structure, design of the land transaction structure, review of the transaction term sheet, review of the equity pledge agreement and loan agreement, and assistance with completion of local equity pledge registration in Cambodia.

In 2023, served as lead counsel, providing legal advisory services in relation to the construction contract for a central state-owned enterprise’s participation in a copper smelter project in the Democratic Republic of the Congo.

In 2022, served as lead counsel, coordinating with a law firm in Bolivia to provide legal services in connection with the bankruptcy liquidation of a central state-owned enterprise’s local subsidiary, including legal due diligence and feasibility path analysis, drafting and submission of filing materials, and assistance with the bankruptcy liquidation process.

In 2022, served as lead counsel, coordinating with a law firm in Nigeria to provide legal services for a control dispute involving a Nigerian company, including structuring design, document drafting, and negotiation support.

In 2022, served as lead counsel, coordinating with local law firms in Bosnia and Herzegovina, Luxembourg, and Hong Kong to provide legal services for a company owning an 84MW wind power project in Bosnia and Herzegovina, including internal corporate restructuring, EPC-related matters, project financing structure design, and drafting, review, and negotiation of project financing agreements and security agreements.

In 2021, served as lead counsel, coordinating with a local law firm in Luxembourg to provide legal services for the establishment of two Luxembourg SPV companies for a central state-owned enterprise’s overseas investment project, assisting with KYC, drafting of articles of association, bank account opening, and notarized incorporation.

In 2021, served as lead counsel, coordinating with two law firms in Singapore and Indonesia to provide full-process legal services for China First Heavy Industries Co., Ltd. (stock code: 601106) in its acquisition of a 38.74% equity interest in Sino Virtue International Development Pet. Ltd., including legal due diligence, drafting of transaction documents, transaction negotiations, antitrust assessment for concentration of undertakings, and regulatory approvals for outbound investment, and ultimately achieving a successful equity closing in Singapore.

In 2021, served as lead counsel, coordinating with a law firm in Bosnia and Herzegovina to provide full-process legal services for a consortium of a central state-owned enterprise in its acquisition of 51% and 39% equity interests in an 84MW wind power project in Bosnia and Herzegovina, including country-specific legal due diligence, project legal due diligence, transaction structure design and substantiation, drafting of transaction documents (including but not limited to the share acquisition agreement, shareholders’ agreement, and articles of association), and assistance with closing.

In 2021, served as lead counsel, coordinating with a law firm in Bosnia and Herzegovina to provide legal services for a central state-owned enterprise’s investment in a large-scale wind power project in Bosnia and Herzegovina, including analysis and substantiation of the EPC structure and drafting, review, and negotiation of the full suite of legal documents for the onshore and offshore EPC contracts and the grid connection agreement.

In 2021, served as lead counsel, coordinating with a law firm in Uzbekistan to provide legal services for a central state-owned enterprise’s investment in a 1,200–1,600 MW gas-fired power plant project in Uzbekistan, including country due diligence, project due diligence, review of tender documents, transaction structure design and substantiation, and review of the IA/PPA documents.

In 2021, served as lead counsel, coordinating with a law firm in Bulgaria to provide legal services for a central state-owned enterprise’s investment in a solar photovoltaic power plant project, including country due diligence, transaction structure design and substantiation, and drafting of transaction documents.

In 2020, served as lead counsel, coordinating with two law firms in Singapore and Indonesia to provide legal services including legal due diligence for a central state-owned enterprise’s acquisition of a minority equity interest in a Singaporean company.

In 2019, served as lead counsel, providing legal services for the ongoing operations and mine acquisition project of an Indonesian nickel company.

In 2019, served as lead counsel, coordinating with a local law firm in Nigeria to provide specialized legal services in connection with EPC matters for a central state-owned enterprise’s road project in the Ogun–Guangdong Free Trade Zone in Nigeria, covering the equity pledge agreement, the escrow account agreement, and the escrow account pledge agreement.

In 2018, served as lead counsel, coordinating with two law firms in Singapore and Indonesia to provide specialized legal services for China First Heavy Industries Group Co., Ltd. in its acquisition of a 51% equity interest in an Indonesian nickel company, including legal due diligence, transaction structure design, drafting of transaction documents, and transaction negotiations.

In 2018, served as lead counsel providing PRC onshore special legal services for a central SOE’s acquisition of a Croatian company, including reviewing the English legal due diligence report issued by overseas counsel and identifying risks and recommendations from the perspective of PRC counsel; proposing mitigation measures for potential legal risks in the equity acquisition process based on issues identified in overseas due diligence; and providing detailed operational procedures and key notes for approval/filing matters with PRC authorities, including SASAC, NDRC, MOFCOM, and SAFE.

In 2017, provided legal advisory opinions on the shareholder exit of an SPV company in connection with a central state-owned enterprise’s power plant project in Pakistan.

In 2016, served as lead counsel in providing legal services for a central state-owned enterprise’s investment in a 50MW wind power project in Pakistan, coordinating with local Pakistani law firms to conduct legal due diligence, and providing legal advisory services on investment structure design, land transaction issues, investment term sheet, the EPC agreement, and ODI approval procedures.

In 2015, served as lead counsel, coordinating legal teams in Beijing, Hong Kong, Nigeria, Ethiopia, and Chad to provide legal services for a central state-owned enterprise’s cross-border acquisition project, including conducting legal due diligence on the target company’s branches/subsidiaries located in Nigeria, Ethiopia, and Chad, feasibility assessment and analysis of the transaction structure, and assistance in preparing the drafting and revision of transaction documents.

In 2015, served as lead counsel in providing specialized legal services for a central state-owned enterprise’s investment in a deep-water port BOT project in Georgia, assisting the investor in negotiations with the Government of Georgia on the Investment Agreement and other related matters, including but not limited to concession arrangements, tax incentives, investment structure, contractor selection and appointment, investment exit, and step-in rights for project operations, and providing advisory opinions on the drafting and revision of the relevant transaction documents.

In 2014, provided legal advisory services for a central state-owned enterprise’s project to establish a joint venture with a Russian hydropower company, including assisting the client in drafting key term sheets, reviewing the shareholders’ agreement and other transaction documents, and providing advisory opinions on matters including unanimous board matters of the proposed project company, lock-up period and exclusive cooperation mechanisms, equity transfer mechanisms, investment exit mechanisms, financing and guarantees.

In 2013, coordinated with a local law firm in Portugal to provide preliminary advisory services for a private enterprise’s acquisition of equity interests in a Portuguese property insurance company, and provided advisory opinions on regulatory authority approval matters.

In 2011, coordinated with a local law firm in Portugal to provide legal services for a central state-owned enterprise’s acquisition of equity interests in a Portuguese energy company, covering Portuguese-speaking jurisdictions such as Portugal and Brazil, including legal due diligence, investment structuring, and regulatory approval matters.

In 2011, coordinated with a leading law firm in Canada to provide legal services for a central state-owned enterprise’s acquisition of a solar power plant project in Canada, including due diligence and drafting of the purchase agreement.