Grandway Law Offices

What Grandway Law Offices does

Grandway Law Offices (国枫律师事务所) is a private, Beijing-headquartered Chinese law firm founded in 1994 that provides professional legal services across ten practice areas, with securities and capital markets as its flagship competency. The firm operates from nine offices across mainland China (Beijing, Shanghai, Shenzhen, Chengdu, Xi'an, Hangzhou, Nanjing, Suzhou) and Hong Kong, employing 501–1,000 lawyers and professionals. Its service portfolio spans IPOs, NDRC listings, refinancing and restructuring, bond issuance, securities compliance, cross-border investment and M&A, dispute resolution, real estate and construction, banking and finance, intellectual property, compliance, taxation, family business and wealth management, and bankruptcy restructuring.

The firm is led by Chief Partner Zhang Liguo (张利国), who previously served on the CSRC issuance review committee, and Executive Partner Xie Gang (谢刚). Grandway is privately held by its equity partners with no disclosed institutional or PE/VC ownership, and Senior Partners manage governance across offices. The firm has sustained Band 1/Tier 1 rankings from Chambers, LEGALBAND, IFLR, and Asialaw across multiple practice areas (Capital Markets, M&A, Dispute Resolution, Real Estate, IP, Compliance, Investment Funds) and was recognized as the fastest revenue-growing Chinese law firm by The Lawyer in 2021. Named mandates include the Stellantis investment in Leapmotor, Leapmotor's H-share IPO on the Hong Kong Stock Exchange, Ningbo Shanshan's GDR issuance on the Swiss Stock Exchange, and Shandong Gold's RMB 12.76 billion acquisition of Yintai Gold.

Grandway generates revenue through professional services fees, including hourly billing, fixed fees for specific engagements, and retainer agreements. Its go-to-market is partner-led and relationship-driven, with marketing supported by publications (Grandway Weekly, Grandway Perspective), seminars, industry rankings, and client referrals. The customer base skews toward large state-owned enterprises, foreign-invested enterprises, Chinese listed companies, and multinational corporations, with no public revenue disclosure. Geographic expansion has been ongoing, with the firm opening its Hangzhou office in 2022 and Nanjing and Suzhou offices in 2024, while actively recruiting partners from top-tier competitors such as King & Wood Mallesons and C&T Partners to deepen practice capabilities in newly established offices.

Name

Grandway Law Offices

Legal name

北京国枫律师事务所

Website

https://grandwaylaw.com

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Grandway Law Offices is a Beijing-headquartered Chinese law firm founded in 1994, operating nine offices across China and Hong Kong to provide corporate, securities, M&A, dispute resolution, and cross-border legal services primarily to large state-owned enterprises, listed companies, foreign-invested enterprises, and multinational corporations.

Ownership category

akta.pro rank

Product category

Legal Services

NAICS

Offices of Lawyers (541110), Legal Services (5411)

SIC

Services-Legal Services (8111)

akta.pro primary industry

Mergers & Acquisitions (M&A) & Securities Law (BPAHAAAI)

akta.pro secondary industries

Corporate & Commercial Law (BPAHAAAA), Bankruptcy, Restructuring & Insolvency Law (BPAHAAAH), Family & Private Client (Trusts & Estates) Law (BPAHAAAK), White-Collar Defense & Investigations (BPAHAAAJ)

Keywords

• Corporate legal services
• Securities capital markets
• Cross-border M&A
• Dispute resolution law
• Intellectual property

Headquarters

HQ city

Beijing

HQ country

China

HQ region

Asia

Offices9 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Legal Services Fees: Grandway Law Offices generates revenue through professional legal service fees, which typically include hourly billing rates, fixed fees for specific engagements, and retainer agreements with corporate clients. Services span capital markets, M&A, dispute resolution, IP, real estate, banking, compliance, tax, and bankruptcy matters.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Grandway Law Offices is a Chinese full-service law firm providing professional legal counsel across 10 practice areas, principally Securities & Capital Markets (IPOs, refinancing, restructuring, bond issuance, securities compliance), alongside Dispute Resolution, Real Estate & Construction, Cross-border Investment & M&A, Banking & Finance, Intellectual Property, Compliance, Taxation, Family Business & Wealth Management, and Bankruptcy Restructuring & Liquidation. Services are delivered through partner-led engagement teams serving listed companies, state-owned enterprises, foreign-invested enterprises, multinational corporations, and government agencies.

Product overview

Grandway Law Offices (国枫律师事务所) is a leading Chinese law firm established in 1994, offering a comprehensive portfolio of legal services across 10 core practice areas. The firm specializes in securities and capital markets legal services as its flagship offering, complemented by dispute resolution, real estate and construction, cross-border investment and M&A, banking and finance, intellectual property, compliance, taxation, family business and wealth management, and bankruptcy restructuring services. With offices in Beijing, Shanghai, Shenzhen, Chengdu, Xi'an, Hangzhou, Nanjing, Suzhou, and Hong Kong, the firm serves a diverse client base including large state-owned enterprises, foreign-invested enterprises, private enterprises, multinational corporations, and government agencies.

Differentiator

Problem solved

Functional benefit

Products and services

• Securities and Capital Markets Legal Services
• Dispute Resolution Services
• Real Estate and Construction Legal Services
• Cross-border Investment and M&A Services
• Banking and Finance Legal Services
• Intellectual Property Services
• Compliance Services
• Taxation Legal Services
• Family Business and Wealth Management Services
• Bankruptcy Restructuring and Liquidation Services

Named customers7 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered minor.

• Advanced Technology Achievements Xi'an Transformation CenterminorOthers · 20 February 2025Grandway Xi'an office signed a Strategic Cooperation Framework Agreement with the Advanced Technology Achievements Xi'an Transformation Center to provide legal support for technology transfer and commercialization.
• Hangzhou Huhang协同 CompanyminorOthers · 31 March 2023Grandway Hangzhou office signed a strategic cooperation agreement with Hangzhou Huhang协同公司 to collaborate on business development in the Hangzhou and Yangtze River Delta region.

Scale indicators2 records

Recent moves19 records

Expansion highlights6 records

Direct peers

• King & Wood Mallesons: China's largest and most international law firm, with a top-tier capital markets and M&A practice across China, Hong Kong, Australia, the UK, and the US. Directly comparable given the same core strengths in cross-border M&A and securities/capital markets, and is a known source for Grandway's recent lateral hires.
• Global Law Office: A leading Chinese law firm with strong securities, capital markets, and cross-border M&A capabilities. Comparable scale and frequently co-counsel or competes with Grandway on major A-share and H-share listings.
• Han Kun Law Offices: A leading Chinese law firm widely recognized alongside Grandway for top-tier capital markets, private equity, and M&A work. Comparable in size, geography, and practice mix, serving similar SOE, FIE, and private enterprise clients.
• Commerce & Finance Law Offices: A leading Chinese law firm with strong capital markets and M&A practices. Often cited alongside Grandway in Chambers and LEGALBAND rankings for domestic securities and capital markets work.
• Zhong Lun Law Firm: One of China's largest full-service law firms with a top-tier securities and capital markets practice. Comparable size, geographic reach, and practice breadth, often competing on the same high-profile IPO and M&A mandates.
• Fangda Partners: A leading Chinese law firm with strong capital markets, M&A, and dispute resolution capabilities and a significant international footprint (Hong Kong, Beijing, Shanghai, Guangzhou, Shenzhen). Competes in overlapping practice areas and target client segments.
• Jingtian & Gongcheng: A prominent Chinese law firm with a flagship capital markets and securities practice. Directly comparable in flagship practice area and client base, particularly for A-share IPOs and cross-border deals.
• Tian Yuan Law Firm: A Chinese law firm with a top-ranked capital markets and securities practice, frequently listed alongside Grandway in Chambers and other legal directories for domestic issuance work.
• Haiwen & Partners: A prominent Chinese law firm with a strong capital markets and M&A practice. Comparable in practice focus and frequently competing on cross-border and A-share listing mandates.
• JunHe LLP: One of the largest full-service Chinese law firms with a top-ranked capital markets and corporate practice. Competes head-to-head with Grandway for A-share IPOs, H-share listings, and cross-border M&A mandates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Grandway Law Offices