S&C was recognized for its achievements in the Automotive, Industrials & Manufacturing industry at the China Business Law Awards, which honor firms that have distinguished themselves in China’s legal market. The winners were chosen from hundreds of submissions and thousands of client assessments from corporate executives, in-house counsel and legal professionals, as well as nominations from government institutions, the judiciary and academic institutions.
S&C continues to partner with clients to tap into new businesses and markets in a legal and strategic perspective. Over the past year, S&C has advised clients on a series of strategically significant transactions in the automotive, industrial & manufacturing area, including advising:
- China Oriental Group Company Limited in its two joint venture agreements with ArcelorMittal, which will produce a key material for the automotive industry, in particular in the high-power model of electric vehicles. The deal, worth $2.7 billion, represents the largest foreign direct investment in China’s steel industry in recent years;
- CarUX Holding in its acquisition of Pioneer Corporation;
- Foxconn Interconnect Technology in its acquisition of Germany-based Auto-Kabel Group and the establishment of Smart Mobility SJSC, a new joint venture in Saudi Arabia; and
- Taiwan Cement Corporation in raising stakes in Turkey and Portugal, enhancing its international eco-friendly positioning.
The S&C team that advised on these deals include Kay Ian Ng, who ranks Band 1 in Corporate/M&A area by Chambers Greater China Region 2025, and Gwen Wong and Ching-Yang Lin, who were recognized as “Dealmakers of Asia” in 2024 by Asian Legal Business.