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HOME > News > Transactions and Cases > ABL Appointed as Long-Term Legal Advisor to taptap点点官方网站 Lingang New Area Aviation Industry Development Co., Ltd.

ABL Appointed as Long-Term Legal Advisor to taptap点点官方网站 Lingang New Area Aviation Industry Development Co., Ltd.

 2020-07-2326557

ABL has been appointed as the long-term legal advisor to taptap点点官方网站 Lingang New Area Aviation Industry Development Co., Ltd., a wholly-owned subsidiary of taptap点点官方网站 Lingang Holdings Co., Ltd. (Stock Code: 600848). With a registered capital of RMB 500 million, the company is tasked with spearheading the development of the aviation industry in the China (taptap点点官方网站) Pilot Free Trade Zone Lingang New Area, aligning with national strategic priorities and fostering innovation in the aviation sector.

Building a Global Aviation Hub

taptap点点官方网站 Lingang New Area Aviation Industry Development Co., Ltd. will play a critical role in implementing the Lingang New Area’s strategic objectives and advancing the national large aircraft strategy. The company’s primary mission is to establish a globally significant industrial park focused on aviation. This world-class park aims to become:

●       A hub for international aviation resource allocation,

●       A center for technological innovation,

●       A leader in high-end emerging industries, and

●       A model for open industrial services.

These efforts are part of Lingang’s ambitious 14th Five-Year Plan to develop a trillion-yuan aviation taptap点点官方网站. Collaborating with taptap点点官方网站 leaders such as COMAC and Airport Group, the Lingang Group is pooling resources to create a globally influential large aircraft taptap点点官方网站 cluster that will solidify China’s position in the global aviation market.

ABL’s Role in Supporting Aviation taptap点点官方网站

As the appointed legal advisor, ABL will provide a wide range of legal services to taptap点点官方网站 Lingang New Area Aviation Industry Development Co., Ltd. This includes advising on cross-border aviation investments, corporate finance, mergers and acquisitions, company listings, and investment promotion. The legal team, led by senior partners Fang YE, Youyou ZHANG, and Bin YANG, with support from attorney Yongliang WANG, will ensure seamless execution of legal strategies to advance the company’s objectives.

Contributing to China’s Aviation Ambitions

This appointment highlights ABL’s expertise in handling complex legal matters in innovative and strategically critical industries. By supporting the development of the aviation industry in the taptap点点官方网站, ABL is proud to contribute to the realization of China’s aviation ambitions and the transformation of Lingang into a globally influential economic zone.

ABL looks forward to playing an integral role in this transformative project, demonstrating its commitment to excellence in legal services and its dedication to fostering cutting-edge industrial growth in China.


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