Li Xihao | An Important Operator for Chinese Enterprises to "Go Global" and Foreign Enterprises to "Bring in" South Korea | Enterprises | Foreign Enterprises

Release time:Apr 13, 2024 21:03 PM

In February of this year, the Management Committee of Jinan International Medical Center welcomed the lawyer team from the South Korean Business Department of Beijing Jindu Law Firm Shanghai Branch. The two sides actively exchanged ideas on introducing innovative devices, leading technologies, and advanced operating models from South Korean hospitals, pharmaceutical, medical aesthetics, and other related enterprises.

The team is led by Li Xihao, the head of the Korean business department and lawyer at the Shanghai branch of King&Wood Law Firm. Having joined Jindu for 11 years, he has also worked and lived in Shanghai for 11 years. Not only has he accumulated rich business experience in the company, but he has also made important contributions to promoting the cultivation of legal professionals in China and South Korea.

Promote exchanges and exchanges between Chinese and Korean enterprises


Li Xihao | An Important Operator for Chinese Enterprises to "Go Global" and Foreign Enterprises to "Bring in" South Korea | Enterprises | Foreign Enterprises

Li Xihao obtained dual degrees in law and Chinese during his university years, and later obtained a master's degree in tax law from Northwestern University in the United States. Currently, he is pursuing a doctoral degree in Economic Law at Shanghai Jiao Tong University. In 2012, he began to be responsible for the South Korean business of the Shanghai branch of King&Wood Law Firm, involving multiple industries such as technology, education, healthcare, beauty, and film and television, contributing significantly to the development of related industries.

Li Xihao, who is proficient in Korean, Chinese, and English, is responsible for representing state-owned and private enterprises in China, covering areas such as mergers and acquisitions, foreign direct investment, corporate governance, commercial contracts, and corporate legal consulting. He also has rich experience in acting as an agent for Chinese companies to acquire listed and non listed companies in South Korea, and continues to provide high-quality and efficient legal services for Chinese enterprises going out and foreign enterprises bringing in.

In promoting domestic enterprises to go global, he has successively assisted Shanghai New Nanyang Education in acquiring South Korean listed company "CHUNGDAHM Learning", assisted Changdu Dabo Tong Shang Medical Investment Management Co., Ltd. in conducting legal due diligence on a South Korean medical beauty company, assisted Suzhou Sutong Semiconductor Technology Co., Ltd. in investing in target enterprises, and promoted multiple Chinese enterprise investment projects in South Korea.


Li Xihao | An Important Operator for Chinese Enterprises to "Go Global" and Foreign Enterprises to "Bring in" South Korea | Enterprises | Foreign Enterprises

In terms of "bringing in" foreign enterprises, he participated in and assisted many South Korean enterprises in investment projects in China, such as the relocation of Changzhou Modern Hydraulic Machinery Co., Ltd. He provided policy and legal advice, litigation plans, and other legal services for Chinese and South Korean enterprises, giving Chinese enterprises more confidence in "going out" and continuously improving satisfaction with "bringing in" foreign industries.

It is worth mentioning that in 2020, Ningbo Shanshan Co., Ltd. acquired LG Chemical's polarizer business. Li Xihao, together with other partners, represented Jindu Law Firm as the lead legal advisor for LG Chemical, providing legal services in areas such as mergers and acquisitions, securities business, and antitrust review. In the end, Shanshan Co., Ltd. acquired 70% equity of LG Chemical's newly established company in China for $770 million through a capital increase, and the overall transaction consideration for the related underlying assets reached $1.1 billion. This transaction also gained widespread attention in the international market that year.

Li Xihao also participated in and assisted 5G semiconductor company Senskomm in its project to enter the Chinese market. In addition, he also participates in and assists high value-added industries such as biotechnology, AI, robotics, and carbon emissions trading in entering the Chinese market. Due to outstanding performance, he has also been awarded the title of "Outstanding Partner" by King&Wood Law Firm multiple times.


Li Xihao | An Important Operator for Chinese Enterprises to "Go Global" and Foreign Enterprises to "Bring in" South Korea | Enterprises | Foreign Enterprises

To attract, nurture, and retain talents for Shanghai

The law firm teams in both China and South Korea are eager for versatile legal talents who excel in cross-cultural communication. Li Xihao was aware of this trend, considering that Korean law students have a unique language advantage and a full understanding of the cultures of China and South Korea, and can play an important role in it.

Under his promotion, in 2018, the Shanghai branch of King&Wood Law Firm held the first "Shanghai Korean Law Student Law Firm Exchange Conference". The seminar invited partners from well-known law firms in the industry such as Jindu, Jintiancheng, Global, Junhe, Zhonglun, Horizon, and Pacific to attend, and had face-to-face exchanges with Korean law students studying at renowned universities in Shanghai such as Fudan University, East China University of Political Science and Law, and Jiaotong University.


Li Xihao | An Important Operator for Chinese Enterprises to "Go Global" and Foreign Enterprises to "Bring in" South Korea | Enterprises | Foreign Enterprises

Thanks to this exchange opportunity, many students have obtained internships and retention opportunities from Jindu and major law firms. Famous law firms in Shanghai have also hired outstanding talents that match their business needs, enabling them to carry out related businesses more efficiently and smoothly. The successful holding of the first seminar not only laid the foundation for regular exchange activities held annually thereafter, but also contributed significantly to promoting Shanghai's "talent introduction, education, and retention".

Li Xihao himself has always emphasized the combination of theory and practice. Since coming to work in Shanghai, he has continuously studied Chinese law and effectively applied his personal knowledge to practical work. He has provided opinions and plans for enterprises to invest in China for governments at all levels, and has repeatedly expressed insightful opinions at business themed forums and seminars for foreign enterprises to help develop the industry.

Epidemic sentiment and righteousness demonstrate neighborhood friendship


Li Xihao | An Important Operator for Chinese Enterprises to "Go Global" and Foreign Enterprises to "Bring in" South Korea | Enterprises | Foreign Enterprises

After the COVID-19 broke out in 2020, Li Xihao and his colleagues in the law firm immediately searched for channels and raised funds to purchase masks, goggles, protective clothing and other epidemic prevention materials urgently needed by medical staff and send them to Wuhan. When purchasing materials, due to the fact that most of the information required for bank funds to exchange Korean won is in Korean, there are difficulties in language communication. Li Xihao led his colleagues in the Korean business team to urgently translate the materials and transmit information in a timely manner, ensuring timely payment of funds and timely delivery of epidemic prevention materials to the front line of the fight against the epidemic.

During this time, Li Xihao, who was in South Korea, actively volunteered and drove with his colleagues several long distances to the local factory for inspection, making outstanding contributions to the timely delivery of epidemic prevention materials. King&Wood Law Firm was also awarded the "Outstanding Contribution Unit of COVID-19 Prevention and Control Donation" by the Red Cross Society of Hubei Province, and Li Xihao was rated by the law firm as "Outstanding Contribution Individual of COVID-19 Prevention and Control Donation". His repeated acts of kindness have further demonstrated his sincere "neighborhood friendship" and sense of social responsibility, and King&Wood Law Firm has therefore awarded him the honor of "2020 Anti Epidemic Public Welfare Partner".

During last year's epidemic, Li Xihao once again charged to the front line, serving as the "team leader" of the community, organizing group purchases, calculating needs, coordinating suppliers, coordinating logistics, arranging delivery, and providing daily necessities for Korean students who do not speak the same language, building a bridge of cross-border friendship between neighbors.


Li Xihao | An Important Operator for Chinese Enterprises to "Go Global" and Foreign Enterprises to "Bring in" South Korea | Enterprises | Foreign Enterprises
【 Quick News 】 SAIC Releases Half Year Report with Double Growth in Revenue and Net Profit
【 Quick News 】 SAIC Releases Half Year Report with Double Growth in Revenue and Net Profit

SAIC Group released its 2023 semi annual report today. In the first half of this year, the company achieved wholesale sales of 2.072 million vehicles and terminal retail sales of 2.237 million vehicles, continuing to maintain its leading position in the domestic industry, and monthly sales continued to grow month on month. Sales in the second quarter increased by 32.5% compared to the first quarter, outperforming the overall market growth rate. In the first half of the year, SAIC's overseas sales reached 533000 vehicles, continuing to lead the industry; The sales of new energy vehicles reached 372000 units, ranking second among Chinese car companies and maintaining a "month on month continuous increase" since January. During the reporting period, the company achieved a combined total operating revenue of 326.55 billion yuan, a year-on-year increase of 3.34%, and a net profit attributable to shareholders of the listed company of 7.09 billion yuan, a year-on-year increase of 2.54%, by optimizing its structure, reducing costs and increasing efficiency.

SAIC Maxus, in collaboration with the Wuxi government, provides subsidies for purchasing "StarCraft" pickup trucks to benefit the public
SAIC Maxus, in collaboration with the Wuxi government, provides subsidies for purchasing "StarCraft" pickup trucks to benefit the public

"The golden mountain is slowly flowing, and the tin water is devoid of vegetation and spring". The scenery of the Taihu Lake Lake is picturesque, and the scenery of lakes and mountains is intoxicating. Wuxi, known as the "Pearl of the Taihu Lake Lake", is not only home to many famous literati, but also an important economic center in eastern China, with developed industry and commerce. Since the lifting of the local pickup truck ban last year and the official implementation of the Wuxi Service Integration into the Shanghai Metropolitan Area Action Plan this year, the Wuxi pickup truck market has ushered in new opportunities for development. Diversified lifestyles such as mountain running, fishing, skiing, and camping have emerged, injecting fresh vitality into the local pickup truck life. On August 12th, the StarCraft pickup truck was heavily launched in Wuxi, shining in the East China region with its hardcore quality. At the delivery ceremony, the first batch of interstellar pickup truck owners also officially picked up their beloved cars, taking the lead in embarking on a "interstellar" journey. On site by SAIC Maxus MA

Let's clock in and taste this exhibition together!, The "good taste" from grasslands and mountains arrived in Inner Mongolia as promised | Guizhou | Dashan
Let's clock in and taste this exhibition together!, The "good taste" from grasslands and mountains arrived in Inner Mongolia as promised | Guizhou | Dashan

"The blue sky, clear lake water, green grassland, this is my home..." A poem by Tengger's "Heaven" depicts the stunning scenery of Inner Mongolia. 1.3 billion acres of natural grassland, 400 million acres of vast forests, thousands of rivers and lakes... The beauty of Inner Mongolia is the colorful beauty that permeates time and space. With a long history, diverse cultures, ethnic integration, and diverse landscapes, Inner Mongolia's land is magnificent and splendid. Another place with a "colorful" reputation is Guizhou Province, located in the inland hinterland of southwestern China. Guizhou is known as the only province in China without plain support, with the saying of "eight mountains, one water, and one field". The unique karst landforms have created the magical natural landscapes of Guizhou, and a "Dong ethnic song" sings the purest "fireworks" of Guizhou people. The unique ecological environment nourishes Guizhou and Inner Mongolia

Strengthen residents' awareness of early intervention and management, and the "City Change diabetes" Community Action Initiative released diabetes | environment | residents
Strengthen residents' awareness of early intervention and management, and the "City Change diabetes" Community Action Initiative released diabetes | environment | residents

The prevalence of many chronic diseases, including obesity and diabetes, is a major health problem facing the Chinese people. In China, the prevalence of diabetes has reached 11.9 per cent, one in nine adults with diabetes. The "Urban Change Diabetes China-Dan Roundtable" with the theme of "Driving Change and Building a Healthier City" was held in Shanghai recently. The Roundtable launched the 'Cities Changing Diabetes' Community Action Initiative ". It is proposed to carry out specific actions from the aspects of strong concept of health science popularization, wide support of health environment, and health management to promote change, so as to build a health supporting environment, so as to promote community residents to strengthen early intervention and health management of diabetes. It is reported that the "City Change Diabetes" community action initiative includes a total of 9 specific initiatives. Medium

Qingpu: Building a "Warm Home" Governance on the "Happiness Cloud" | Community | Qingpu
Qingpu: Building a "Warm Home" Governance on the "Happiness Cloud" | Community | Qingpu

After retiring, Gong Aihua, a resident of Yingzhong Community, no longer had the usual busyness and often went to the community center to participate in various activities. "I click on 'Happiness Cloud' on my phone every day to check out the announcements and activities in the community. You can sign up and participate anytime, anywhere. 'As Aunt Gong said,' Happiness Cloud 'is an information-based system created by Qingpu for community workers and residents - the' Happiness Cloud 'smart community panoramic application system.". This "cloud" is positioned as the sinking of "One Network Management", the expansion of "One Network Service", and the strengthening of "Community Cloud". It has built five subsystems with "Community Governance Theme Data Warehouse" as the core, "Full Element Management System", "Fully Automatic Office", "Panoramic Service System", "Universal Governance System", and "Fully Aggregated" One Network Management "System"