Yao Liang Law advised China International Marine Containers (Group) Co., Ltd. (CIMC), a PRC company listed in Shenzhen Stock Exchange, and its subsidiary on transferring 60% equity of a project company through public listing process in Shanghai United Equity Exchange to Shenzhen Merchants Real Estate Co., Ltd., a company wholly owned by China Merchants Group, a PRC company listed in Shenzhen Stock Exchange. The transaction involved a large villa development widely known as “Haide Garden” located in Baoshan District, Shanghai, with a floor area of 385,300 square meters and the transaction price is above RMB350 million. This project is considered as landmark cooperation between CIMC and CMPD and would achieve a complete success. Yao Liang Team provided its professional legal service on structuring, negotiation and drafting definitive transaction documents.