DeHeng Advised on the Restructuring of China Airport Construction Group



To build China into a civil aviation powerhouse, better serve the Belt and Road Initiative, optimize the functions of state-owned assets and promote the development of the civil aviation industry, Civil Aviation Administration of China (CAAC) restructured affiliated airport construction companies, introduced China Communications Construction Company Limited (CCCC) as the strategic investor, and consolidated CCCC subsidiaries specialized in airport design and construction, to form China Airport Construction Group Co., Ltd. (CACC), a flagship company specialized in airport construction, with the vision to build it into a world-class airport construction company and engineering service provider.

The CACC inauguration ceremony took place on December 27, 2018, attended by CAAC administrator Feng Zhenglin and vice administrator Dong Zhiyi, CCCC chairman Liu Qitao and deputy general manager Sun Ziyu, heads of regional branches and head-office functions of CAAC, heads of airport companies such as Shanghai Airport Group and Guandong Airport Group, heads of shareholder units such as Beijing Capital Internaitonal Airport Company, as well as the management and representative employees of CACC.

As the legal counsel for the restructuring, DeHeng team was led by Zhao Yanan, partner of the Beijing office, and the support of another partner of the Beijing office Bi Yumei, and attorneys Wang Yali and Zhu Simeng as well as legal assistants Tang Fuwei, and Zhu Bingqian. DeHeng lawyers provided professional, comprehensive and efficient legal services for the client throughout the entire project, including the formation of the project framework, studies of major legal issues, document drafting, and the provision of legal opinions.


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