Basic facts:
In order to solve the “small, weak, scattered, chaotic” problem caused by the management system of three-level management and independent operation of Xinhua Bookstores in Guangdong Province, deepen the cultural restructuring and accelerate the development of cultural industries, relevant documents of Guangdong Province requires that Xinhua Bookstores shall take the client as main body and take capita and business as ties to accelerate the strategic restructuring of Xinhua Bookstores in Guangdong Province and to establish three state-owned large-scale backbone enterprise groups with standard management, efficient operation and strong competitiveness in Guangdong Province. On this basis, the network of Xinhua Bookstores effectively covering all cities and towns in Guangdong Province that is under the chain operation, unified management and engaged in the logistics and distribution of publications and stationery through  market competition and M & A.
The special legal services provided by our law firm during the entire reform and restructuring of Xinhua Bookstores in Guangdong Province include but not limited to: Making due diligence investigation on relevant legal facts of this project and providing legal advices; participating in the revision and improvement of the implementation plan of this project; formulating solutions to legal problems and issuing relevant letters of legal opinions; assisting the reform and reorganization commission of Xinhua Bookstores in Guangdong Province in studying on the problems occurred during the enterprise restructuring process according to the enterprise restructuring; providing advices to solve legal problems related to capital verification, personnel placement and social security, land, real estate, registration and other issues; providing legal advices for problems found during the due diligence investigation; and providing advices to solve the legal problems found during the stages of financial audit and asset assessment, etc. The legal services have been lasted for many years. Through the hard work of our lawyers, the reform and reorganization of most Xinhua Bookstores in Guangdong Province have been completed.
Lawyers’ remarks:
Most Xinhua Bookstores at all places in Guangdong Province established for a long period time with many personnel and historical issues, thus the difficulties in restructuring is enormous. As this special legal services task is arduous, it does not only need a stable professional team of lawyers and extensive knowledge concerning real estate and social security systems and other aspects, but also need good ability of communicating with all levels of governmental agencies or departments, cadres and workers of the reconstructed bookstores.