On 19 October 2021, Qingdao Central Sub-Branch of the People's Bank of China (the “Bank”) held a ceremony to issue the appointment letter for external legal counsel.  Grandall Qingdao Office has been retained as the external perennial legal counsel with partners PENG Shanling and XIE Yang and associate CHEN Hao as key lawyers serving the case. 

ZHANG Zhaohui (vice president of Qingdao Central Sub-Branch) put forward requirements on higher, faster and better comprehensive service while the officer in charge of the legal affairs of the Bank affirmed and recognized the recent work results delivered by the Grandall team, and put forward specific requirements for future cooperation.  Grandall Qingdao surely will make its best efforts to provide professional legal services for the Bank with due care and high efficiency.