On January 8, 2026, renowned legal directory LEGALBAND announced its "2025 Client Choice: Top 15 Debt Restructuring Lawyers". The ranking spotlights 15 exceptional Debt Restructuring lawyers in mainland China. Han Kun lawyer Mr. Yao Zhang was named to the list.
Reasons for selection: Mr. Yao Zhang has specialized in bankruptcy and restructuring legal services for nearly two decades and has been deeply involved in several landmark market-first restructuring cases, such as the reorganization of Hebei Baoshuo Co., Ltd. and the consolidated restructuring of Zhejiang Topoint Photovoltaic Co., Ltd. and its affiliated companies. These projects spanned industries including chemicals, real estate, energy and natural resources, manufacturing, and automotive. Mr. Zhang possesses strong professional capabilities and abundant hands-on experience, providing clients with high-level, professional legal support throughout the entire process—from solution design and negotiation to implementation. His advanced legal expertise and innovative thinking have earned high praise from clients.
Client's testimonial: "Mr. Yao Zhang has collaborated with us for over four years, during which we have developed a deep understanding and trust in him. He served as our legal counsel from the project's early stages, fully participating in the design and implementation of the debt restructuring plan, ensuring compliance with legal frameworks and maintaining social stability. Leveraging his solid legal knowledge and extensive practical experience, he assisted us in properly resolving multiple complex creditor disputes and effectively mitigating potential legal risks. Mr. Zhang consistently demonstrates exceptional professionalism and keen insight, promptly proposing responsive strategies amid policy changes and providing solid support for the smooth execution of the project. His rigorous, responsible work ethic and outstanding communication and coordination skills have earned unanimous recognition from our side. He is a trustworthy partner we highly value."
Lawyer's profile: Mr. Zhang is one of the earliest professionals to engage in corporate bankruptcy reorganization practices in China following the introduction of the bankruptcy reorganization system in 2007; he possesses extensive theoretical knowledge and practice experience in the field. As a member or consultant of administrators, he has participated in restructuring cases for dozens of large enterprises and listed companies, including: the Baoshuo Co., Ltd. (600155) reorganization case—one of China's earliest listed company reorganization cases; the Sunshiny Mining (600381) reorganization case—China's first reorganization case employing share consolidation to adjust investor rights; the Topoint Photovoltaic reorganization case—the first Chinese reorganization plan recognized by a U.S. bankruptcy court; the Xinjiang Chalkis (000972) reorganization case—Xinjiang's first listed company reorganization case; and the Junhua Group and its affiliated companies reorganization cases—the largest and most complex debt reorganization cases in Henan.
Mr. Zhang excels in leveraging professional theories and practical skills to accurately identify the demands and concerns of all parties involved in debt restructuring projects. Through plan design, innovative tools, negotiation, and communication, he achieves balanced arrangements that protect the rights and interests of all stakeholders. Many of the restructuring and reorganization cases he has successfully handled have received high recognition and praise from local governments, courts, and stakeholders.
