The team, leading by partner Liu Borong and Liu Jinrong, provides legal services for the Asset Disposing Trust Project of China Huarong Asset Management Company. The project which aims to dispose RMB 10 billion yuan was executed on 26 June 2003. The project outline a new solution for Chinese asset managing and disposing on the basis of the PRC laws and the international practice of asset securitization. It is the first time to incorporate the beneficiary meeting into the trust product under the PRC legal framework.