Rong Fang
+86 10 8524 9486
Professionals Rong Fang

Work experience

After the promulgation of CSRC's Guidelines for Publicly Offered Infrastructure Securities Investment Funds, Ms. Fang and her team have been providing full-scope legal services for 9 of the 19 infrastructure REIT projects that have been issued or officially accepted for approval, among which those successfully issued are Dongwu Suzhou Industrial Park REIT, AVIC Shougang Biomass REIT, Ping An Guangzhou Communications Investment Guangzhou Heyuan Expressway REIT, HuaAn Zhangjiang Everbright Park REIT, Zheshang Securities Zhejiang Expressway REIT, Huaxia China Communications Construction Expressway REIT, and Penghua Shenzhen Energy Clean Energy REIT; filings for the issuance of the Guotai Junan Lingang Dongjiu Intelligent Manufacturing Industrial Park REIT and Huatai Zijin Jiangsu Communications Holding Expressway REIT have been accepted by the CSRC or Shanghai Stock Exchange; and several other projects are undergoing NDRC examination.  Ms. Fang and her team are also advising on expanded fund raising for several infrastructure REITs. 
In the quasi-REIT field, Ms. Fang has advised on over a half of the quasi-REIT projects that have been issued in the market, including such "notable firsts" as the Shunfeng Industrial Park project, which is the first logistics asset quasi-REITs deal; the Cainiao China Smart Logistics Network Warehousing project, which is the first expandable quasi-REIT deal; the Shanghai Guangshuo Industrial Co., Ltd. 2019 Phase I Everbright Securities Asset-backed Notes project, which is the first quasi-REIT deal of the National Association of Financial Market Institutional Investors; the Poly Real Estate Rental Housing project, which is the first quasi-REIT deal since the introduction of the filing-based system for asset securitization deals, the first quasi-REIT deal using a property right trust as the SPV, the first shelf offering quasi-REIT deal, and the first rental housing quasi-REIT deal; as well as the Huatai Jiayue Suning Yunxin project, which is the first quasi-REIT product issued on a renewal basis to inherit a previous fund.
Ms. Fang also has extensive experience in the area of real estate investment, and has provided general legal services to CR Land, Sino-Ocean Group, Longfor Properties, DNE Group, Lin-gang Special Area, Blogis, Nanshan Holding, Shunfeng Group, Yuanlian Fund, Taikang Asset, and other corporate clients in their real estate development and investment projects.

Educational background

Ms. Fang received a Bachelor in Law degree from China University of Political Science and Law and later attended Sun Yat-sen University and Duke University, where she earned a Master in Law degree and an LL.M. degree, respectively.

Practice qualification

Member of the PRC Bar
Member of the New York State Bar

Working language

Han Kun
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