Shoushuang (David) Li is a Senior Partner at Beijing Dacheng Law Offices and serves as a director of the China board and the head of the China Securities Internal Review Committee.
David has been practicing law for nearly 20 years, specializing in private equity, mergers and acquisitions, public offering and listing and related dispute resolution. He has completed multiple landmark projects with significant market impact and has been involved in wide-ranging types of transactions in various countries and capital markets, gaining extensive experience in these fields. Specifically, he has successfully assisted over thirty Chinese companies with their IPOs or restructurings on the A-shares market in China, stock exchanges in Hong Kong and the United States; served as the legal advisor for the establishment of nearly fifty prominent private equity funds; represented both domestic and international investors in over a hundred large-scale private equity financing and M&A projects; and engaged in various types of bond issuance, financial product design such as trusts and asset management. In recent years, David has been serving as an arbitrator for major domestic arbitration institutions, adjudicating or representing in several investment and financing-related dispute resolution cases. Additionally, he is dedicated to securities compliance practices, representing clients in cases involving false statements, insider trading, market manipulation and handling of other non-compliance.
David was recognized as one of the first "Top 10 Outstanding Youth Lawyers of Beijing""Beijing Outstanding Lawyer of the Year"by the Beijing Lawyers Association and was selected for the"National Talented Lawyers Pool Specialized in Foreign-Related Matters". In 2013, David was named one of the "Top 15 Rising Lawyers in China" by Asia Legal Business (ALB) and has consistently been featured in Chambers and Partners, ALB, Legalband, International Financial Law Review (IFLR), Business Law, and Legal 500 in their lists of recommended lawyers.
David is actively involved in social activities and holds several prominent positions, including the Vice Chairman of the National Federation of Industry and Commerce's Urban Infrastructure Chamber, Chairman of the Beijing Jinshi Charity Foundation, Special Supervisor for the Beijing Financial Court, Member of the Bond Review Committee of the China (Macau) Financial Assets Exchange, Independent Director of Yellow River Property & Casualty Insurance Company, Independent Director of Longi Green Energy Technology Co., Ltd. (601012.SH) for the third and fourth terms, Independent Director of Wo Ai Wo Jia (000560) for the eighth term, Member of the Legislative and Self-Regulatory Committee and Mediation Committee of the Asset Management Association of China, Member of the Legal Committee and Equity Investment Committee of the China Insurance Asset Management Association, Arbitrator for the China International Economic and Trade Arbitration Commission and the Shenzhen International Arbitration Court, Adjunct Supervisor at Peking University Law School and Renmin University of China Law School, Editor of the UK magazine "The Company Lawyer," and Columnist for Caixin. Additionally, David has frequently participated in significant national legislative reviews and has delivered specialized reports to regulatory bodies such as the China Securities Regulatory Commission.

Domestic Public Offering and Listings: Northern Changlong（SZ301357） Wuzhou Medical (SZ301234) Jimi Technology (SH688696) Zhenhua E-chem Inc. (SH688707) Shanghai Hi-Road Food Technology Co., Ltd. (SZ300915) Tibet Gao Zheng Explosive Co., Ltd. (SZ002827)

Overseas Public Offering and Listings: Baijiayun Group (NASDAQ，RTC) Star Plus Legend (HK6683) Deewin Tianxia Co., Ltd. (HK2418) Yoho Group Holdings Ltd. (HK2347) Vanov Holdings Co., Ltd. (HK2260) Youran Dairy (HK9858) Weihai City Commercial Bank Co., Ltd. (HK9677) Tycoon Group Holdings Limited (HK3390) Megain Holding (Cayman) Co., Ltd. (HK6939) Jiachen Technology (HK1937) Shineroad International (HK1587) NanTong Composite Material Ltd. (HK8349) Chen Xing Development Holdings Limited (HK2286) Zhong Sheng Res Holdings Ltd. (HK2623)（In this case, the 'two-step' red-chip restructuring model wh

Securities Compliance: Hearing on the delisting of Xintai Electric due to fraudulent practices

Securities Compliance: Wenfeng Co., Ltd. market manipulation case (involving Xu Xiang)

Securities Compliance: Hearing on the penalty for information disclosure violations by Kaidi Electric

Securities Compliance: Represented Tianshun Co., Ltd. in the civil lawsuit for false statements and obtained favorable judgment

Securities Compliance: Administrative lawsuit in the insider trading case of Pan

Securities Compliance: Hearing on the market manipulation case of Chen

Dispute Resolution: Danone S.A. and Wahaha Group: Served as the legal counsel in a series of disputes between the two companies

Dispute Resolution: Dalian Bank and Sichuan Trust: Represented Dalian Bank in a lawsuit against Sichuan Trust regarding a collective capital trust, securing victories in both the first and second instances

Private Equity Fund Formation: Acted as the legal advisor in fund formation for Emerging Industry Guiding Fund of China, HOPE, CDH Investments, SAIF Partners, JD Capital, Banyan Capital, China Cinda, Tiantu Capital, New Margin Ventures, YF Capital (founded by Jack Ma), etc.

Mergers and Acquisitions: Air China: Represented the company in its participation in the equity auction of Shenzhen Airlines (the largest equity auction in the history of China civil aviation)

Mergers and Acquisitions: JD Capital (430719): Represented the company in its acquisition of Jiangxi Zhong Jiang Real Estate Co., Ltd. (SH600053) and the following restructuring of Zhong Jiang Real Estate (the first case in China of a NEEQ listed company’s acquisition of a formally listed company; the first case in China of a PE fund’s A-share listing)

Mergers and Acquisitions: JD Capital (430719): Represented the company in its acquisition of Ageas Insurance Company (Asia) Limited (the first case of the acquisition of an overseas financial institution by a domestic non-financial institution, with a transaction volume of HKD 10 billion) and sold it to NWS Holdings Limited three years later at HKD 21.5 billion

Mergers and Acquisitions: Shuosheng Technology: Represented the company in acquiring Land Ocean Energy Services Co., Ltd., a listed company (300157.SZ), through hostile acquisition, which is a rare case of hostile acquisition in China's securities market

Bond Issuance: Acted as the legal advisor in US dollar bond issuance on HKSE for multiple sizable enterprises such as Yunnan Investment Group, JD Capital, etc.

Investment and Financing: Shenhua Group Corporation Ltd.: Represented the company in its coal-to-liquid joint venture project with Sasol Limited (assisted and participated in the whole negotiation process as the chief negotiating lawyer of Shenhua; the total amount of investment was USD 7.5 billion and the project was the largest joint venture project of the year)

Investment and Financing: XuZhou Construction Machinery Group: Represented 12 large-scale funds in their investment in the mixed ownership reform project of XuZhou Construction Machinery Group (“XCMG”), which was the largest mixed ownership reform investment case of the year. XCMG is the fourth largest machinery manufacturer in the world

General Legal Counsel: Beijing Financial Street Capital Operation Group Co., Ltd.

General Legal Counsel: State Grid Yingda Industry Investment Fund Management Co., Ltd.

General Legal Counsel: Henan Investment Group Huirong Fund Management Co., Ltd.