Yan Yan

Yan's representative transactions include representation of:

Corporate M&A

Saudi Aramco

• its heads of agreement with China Petroleum & Chemical Corporation (Sinopec) to build a refinery and petrochemical project in Gulei in China's southeastern Fujian Province. The greenfield project comprises a 16 million metric tonne per year (320,000 barrels per day) refining and petrochemical facility with a 1.5 million metric tonne per year ethylene unit. The project is expected to commence commercial operations in 2025.
• its acquisition of a 10 percent interest in Shenzhen-listed Rongsheng Petrochemical Co. Ltd. (Rongsheng) for RMB24.6 billion (US$3.6 billion). Rongsheng owns a 51 percent stake in Zhejiang Petroleum and Chemical Co. Ltd. (ZPC), which in turn owns and operates the largest single refining and chemicals complex in China. ZPC's integrated refinery and petrochemical facility is located in the city of Zhoushan in the eastern province of Zhejiang and includes an 800,000 barrel per day refinery and a 4.2 million metric tonnes per annum ethylene cracker. Aramco signed a long-term crude oil supply agreement, providing 480,000 barrels per day of feedstock to ZPC. The transaction won China Business Law Journal's M&A Deal of the Year 2023.
• on its formation of a joint venture with North Huajin Petrochemical and Panjin Xincheng (Panjin) to develop a US$10 billion fully integrated refining and petrochemicals complex located in the northeastern province of Liaoning. The transaction won China Business Law Journal's General Corporate Deal of the Year 2023.

Nestlé S.A. on the sale of Yinlu peanut milk and canned rice porridge businesses in China to Food Wise Co., Ltd., a company controlled by the family of Yinlu's founder.

Nestlé Waters, the no.1 bottled water company worldwide, on the sale of its water business in the mainland China to Tsingtao Brewery Group Company Limited, China's second-largest beer maker. This transaction was awarded "Deal of the Year 2021" by China Business Law Journal and was shortlisted as the "M&A Deal of the Year" by China Law & Practice Awards 2021.

EQT/BPEA EQT on its acquisition and privatization of of Benesse Holdings, Inc. through management buyout partnering with the founder family of Benessse. Benesse is Japan's leading education and nursing care provider and is listed on Tokyo Stock Exchange.

Panasonic Corporation on its US$8.5 billion acquisition of Blue Yonder, a leading end-to-end, digital fulfilment platform provider, on a cash-free, debt-free basis. This is the second largest Japan outbound M&A deal in 2021.

ABB, a global technology company that is active in the fields of electrification, robotics, automation and motion, on the separation of Accelleron Industries Ltd Accelleron from ABB in preparation for its spin off and listing on SIX Swiss Exchange.

Takeda Pharmaceutical on its US$322 million disposition of a portfolio of select non-core assets and pharmaceutical products sold in China to Hasten Biopharmaceutic Co. Ltd. (Hasten). Hasten is a company funded by Feidong County of Hefei City, China and established by Ray Capital Management Limited.

Grupo Bimbo, the largest baking Company in the world and producer and distributor of baked goods in 22 countries throughout the Americas, Europe and Asia, in the acquisition of the Mankattan Group, a key player in the baking industry in China.