Hang CAI Partner

Email: caihang@anjielaw.com

Tel: +86 21 2415 1666

Fax: +86 21 2422 4800

Language: Chinese, English

Practice Areas: Private Equity & Venture Capital, Cross-border Investment & M&A, Corporate Compliance

Industries: Life Sciences & Healthcare, Technology, Media & Telecommunication

Office: SHANGHAI

Resume
Vcard
Personal Profile
Representative Cases
Honors & Recognition
Professional Association
Working Experience
Education Background
Qualifications
Recent Developments

CAI Hang is one of founding partners of AnJie Broad Law Firm. He established the Shanghai office of the firm and developed it into a highly influential full-service law office in the Shanghai region.

He is widely acknowledged as an exceptional transaction lawyer in PRC and highly recommended by various legal rankings such as Chambers, ALB, Legal500, Legalband, Asialaw Profiles, Dawkins and China Business Law Journal, within the areas of Private Equity/Venture Capital, M&A, TMT, healthcare, hi-tech manufacturing and artificial intelligence. His legal team has earned the long-term trust and deep reliance of numerous institutional and corporate clients.


Representative Cases

  • He is renowned for his adept using of complex deal structures, profound insights into PRC legal system & commercial landscape, continuous focus on high-tech industries, exceptional ability to drive transactions forward, and seamless coordination among partners across different practice areas.
  • In the field of private equity investment​​, he has represented dozens of institutional investors, including ​​5Y Capital, Long Hill Capital, SPIC(国家电投), SSCI(上海国投), Fortera Capital, Lingang Ventures, Shanghai Angel Capital Guiding Fund, Cenova Ventures, Enlight Growth Partners, Sinovation Ventures, Zhejiang Private Enterprise Joint Investment, Ivy Capital, Kaitai Capital, Panda Capital, Ping An Ventures, ​Yuantai Investment Partners, Newgen capitals, New Access Capital, Atlas Capital, Prime Light Capital, Engage Capital, LC Ventures as well as companies such as ​​YY, ATRenew, WeDoctor, YITU, and SouChe​​ in completing nearly ​​1,000 equity investment transactions​​. He has also advised nearly ​​100 companies​​ in securing equity financing. Among these deals, (i) t​he financing of Xpeng AeroHT​​ led by 5Y Capital was recognized as ​​"Deal of the Year 2021"​​ by China Business Law Journal; (ii) ​​the financing of Abogen Biosciences​​ led by 5Y Capital was recognized as ​​"Deal of the Year 2022"​​ by China Business Law Journal; and (iii) the pre-IPO financing of Weilong Delicious Global Holdings Ltd. (HK 09985) remains ​​the largest equity financing transaction in China’s food industry​​ to date.
  • In the the field of M&A, his notable transactions include: (i) ​​ATRenew’s acquisition of JD’s Paipai business​​, recognized as ​​"Deal of the Year 2019"​​ by China Business Law Journal; (ii) ​​G7’s merger with Shenzhen E6 Technology​​, awarded the ​​"LegalOne Merits (Remarkable)" rating​​ by LegalOne; and (iii) ​​YSB Inc’s acquisition o Hunan Yikuai Pharmaceutical Technology, the ​​PRC’s largest deal in pharmaceutical distribution sector of 2024​​. Additionally, he​​ has successfully advised clients in their respective transactions​​ with Alibaba, Pinduoduo, Baidu, and MNCs involving ​sales of ​asset/business, MBOs and equity trade sales.
  • In the field of general corporate services, he​​ has provided legal counsel to over ​​100 companies​​ on matters of ​​equity restructuring, investment/acquisitions, ESOP/Employee Incentive Plan, cybersecurity/data protection, technology licensing as well as dispute settlement​​, which benefited them a lot in their growth. Many of these companies have ​​successfully been listed​​, while others have emerged as ​​renowned unicorns, which​ ​include ​​China Mobile, Kuaishou, Alipay, SMEE, Far East Horizon (Fehorizon), ATRenew, Weilong Delicious Global, ​​YSB Inc, J&T Express, Allianz Partners, Yunnan Baiyao, 3D Medicines, Medical System, Labway Medical, WeDoctor, Souche, Xiaozhu, YITU, HotMax, Shukun Technology, RobotPlusPlus, Huanle Entertainment, IC Bench, OUTPUT and ​​One Step Garden.
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Honors & Recognition

Chambers and Partner

  • Recommended Lawyer for Private Equity and Venture Capital in Greater China (2022-2025)
  • Recommended Lawyer for TMT Equity Financing in Greater China (2023、2024)

ALB

  • Top 15 TMT Lawyers in China (2020)

LEGALBAND

  • China Top Lawyers/Leading Lawyers: Private Equity & Venture Capital (2015-2025)
  • China Top Lawyers/Leading Lawyers: Technology, Media & Communications (2015-2025)
  • China Top 10 Lawyers specially recommended in New Economy (2018)
  • China Top 15 Lawyers specially recommended in High Tech & Artificial Intelligence (2021)

The Legal 500 Asia Pacific

  • Leading Lawyers at Premier Law Firm: TMT (2015, 2017, 2021, 2022, 2023, 2024, 2025)
  • Leading Lawyers at Premier: Private Equity & Venture Capital (2015, 2020, 2021, 2022, 2023, 2024, 2025)
  • Leading Lawyers at Premier: Life Sciences & Healthcare, Technology (2024, 2025)
  • Other Key Lawyers: TMT (2024)

China Business Law Journal

  • “Deal of the Year 2022” (representing 5Y Capital in the Series C and Series C+ financing of Abogen Bio)
  • “Deal of the Year 2021” (representing 5Y Capital in the Series A financing of Xpeng AeroHT)
  • “Deal of the Year 2019” (representing AHS in its merger with PaiPai under jd.com)
  • The A-List 2017 China’s Elite 100 Lawyers

2022 DAWKINS Capital Markets Client Guide

  • Recommended Lawyers for Venture Capital, High Tech, New Economy

Asialaw Profile

  • Notable Practitioner: Private Equity (2024)

LegalOne

  • LegalOne Merits (Remarkable/Excellent) Rating (Merger between G7 and  Shenzhen E6 Technology, 2023)


Professional Association

  • Executive President of the 1st and 2nd Councils of the Alumni Association, Koguan School of Law, Shanghai Jiao Tong University
  • One of the inaugural Entrepreneurship Mentors for the Tiangang Program at Shanghai Jiao Tong University


Working Experience

  • The partner of AnJie Broad Law Firm
  • The partner of Grandall Law Firm 



Education Background

  • Shanghai University of International Business and Economics, LLM
  • Shanghai Jiaotong University, Bachelor of Law, Bachelor of Economics



Qualifications

  • Chinese Bar Qualification