Lijun (Annie) Yan

Extensive experience representing companies and investment funds in a variety of M&A and private equity transactions.
Annie has extensive experience representing companies and investment funds in a variety of M&A and private equity transactions, including pre-IPO financings, buyouts, joint ventures, PIPEs, going-private transactions and strategic investments. She also advises clients on cross-border securities and general corporate matters.
Legal 500 Asia Pacific recognizes Annie as a Next Generation Partner in corporate and M&A work and in private equity among foreign firms in China. Asian Legal Business named her among the “ALB China Top 15 Female Lawyers” for 2023.
Experience highlights
Mergers & Acquisitions and Private Equity
- UP Fintech on its $65 million convertible notes private placement
- The buyer group on its going-private transaction of China Distance Education
- Megvii Technology on its pre-IPO financing
- Vanke Services on the formation of a joint venture with Cushman & Wakefield
- Tongcheng on its combination with E-dragon
- China Vanke on its participation in the $11.6 billion acquisition of Global Logistics Properties
- China Lodging Group on its $531 million acquisition of Crystal Orange Hotel
- iQiyi on its $1.53 billion convertible notes financing
- Kong Zhong going-private transaction
- IDG Capital, together with China Oceanwide, on its acquisition of International Data Group
- Tencent on its acquisition of a majority of shares of China Music Corporation and the combination of QQ Music and China Music Corporation
- IDG Capital on its investment in DMALL
- UCAR Technology on its $550 million Series B equity financing
- Temasek on its $100 million minority investment in 21Vianet
- iQiyi on its issuance of $400 million Series F preferred shares to Baidu and Xiaomi
- Shanda Investment on the sale of shares in Cloudary Corporation to a buyer consortium
- Warburg Pincus on its strategic partnership with Baosteel Gases
- Tencent on its strategic partnership with and investment in 58.com
- Shanda Games reorganization and business separation from Shanda Interactive
- Cloudary Corporation on its $110 million private placement to Goldman Sachs and Temasek
- CNOOC on its acquisition of Nexen
- Baidu on its acquisition of an Internet company
- CITIC Private Equity on its acquisition of a minority interest in a digital security company
- iKang on its issuance of $100 million Series F preferred shares to Goldman Sachs and Government of Singapore Investment Corporation
- iSoftStone going-private transaction
- Temasek on its investment in 58.com
- Warburg Pincus on its acquisition of an insurance agency company
- Warburg Pincus, IDG Ventures, Qiming Venture Partners and Shanda Capital in various private equity investments
Capital Markets
- Tongcheng-Elong $180 million Hong Kong IPO and global offering
- Puxin $140.8 million initial public offering and NYSE listing
- CNOOC:
- $3.8 billion SEC-registered debt offering (in 2015)
- $4 billion SEC-registered debt offering (in 2013)
- $2 billion global debt offering (in 2012)
News
Credentials
Recognition
Asian Legal Business – “ALB China Top 15 Female Lawyers,” 2023
Legal 500 Asia Pacific – Corporate and M&A: Foreign Firms, China, Next Generation Partner
Legal 500 Asia Pacific – Private Equity: Foreign Firms, China, Next Generation Partner
Education
Professional history
- Partner, 2023-present
- Counsel - Registered Foreign Lawyer, 2017-2023
- Registered Foreign Lawyer, Davis Polk, 2011-2017
- O’Melveny & Meyers, 2007-2010
Qualifications and admissions
- Beijing Ministry of Justice - Registered
- State of New York