CNPC Kunlun Capital’s Formally Established

DeHeng advised CNPC Kunlun Capital Co. on the deal.

CNPC Kunlun Capital Co., Ltd. was formally established on June 28, 2021, with a registered capital of RMB 10 billion (Approx. $1.5 Billion), and its stakes are jointly held by China National Petroleum Corporation (CNPC), PetroChina Company Limited and CNPC Capital Company Limited. Its establishment marked an important step forward for CNPC in building a pattern of diverse, complementary businesses and promoting business transformation and upgrading. 

The DeHeng team was led by Partners Guo Weifeng (Picture), Tang Ruchuan, Cao Qi, Wang Yunfeng and Xu Yongsheng.

Involved fees earner: Qi Cao – DeHeng Law Offices; Weifeng Guo – DeHeng Law Offices; Ruchuan Tang – DeHeng Law Offices; Yunfeng Wang – DeHeng Law Offices; Yongshen Xu – DeHeng Law Offices;

Law Firms: DeHeng Law Offices;

Clients: CNPC Kunlun Capital;

Author: Sonia Carcano