ALB DECEMBER 2023 (CHINA EDITION)

13 ASIAN LEGAL BUSINESS CHINA • 亚洲法律杂志-中国版 WWW.LEGALBUSINESSONLINE.COM/CHINA COVER STORY investment and financing projects. Leveraging legaltech, the center optimized legal management systems, streamlining processes for increased efficiency and revenue. Different specialized teams collaborated effectively to establish stable SOPs, supporting the orderly implementation of the group’s strategic goals and management decisions.” The Compliance Management Department under the Legal Department of Mengniu Group is another standout. The team steadily advanced the establishment and implementation of a compliance management system, achieving certifications (ISO37301, GB/T35770) from authoritative bodies CQC&SGS in the past year. This represents significant recognition of Mengniu’s operational effectiveness in compliance management, marking a milestone in the company’s history. The compliance management team emphasizes the certifications’ positive impact on Mengniu, stating, “This has greatly enhanced Mengniu’s reputation in the dairy industry, garnered market goodwill, bolstered investor confidence in the capital market, and contributed actively to Mengniu’s international brand influence, aligning with China’s efforts towards robust governance in the global dairy industry.” CONTINUOUS IMPROVEMENT Despite their achievements, all interviewed winning teams acknowledge the urgent need for in-house teams to continuously enhance their professional capabilities and bolster their resistance to risks in the current environment. Wu succinctly outlines three challenges facing in-house teams: “Firstly, laws and regulations undergo frequent changes, especially with many countries or regions tightening foreign investment reviews and introducing laws related to investment access, antitrust, and countervailing practices, expanding the coverage of in-house work.” “Secondly, business models are evolving rapidly in response to changing economic and social environments. Companies strive for innovation to adapt to the market and remain competitive. The emergence of new hot topics such as AI, new energy, and ESG requires inhouse teams to continually learn and assimilate new business knowledge.” “Thirdly, risk prevention and control have become more challenging. Dynamic domestic and international developments and social uncertainties make enterprises more sensitive to risks. Particularly for central enterprises like us, comprehensive countermeasures are required for all project risk points. The focus of risk management has shifted from managing key risks to comprehensive risk management, raising the bar for the risk prevention and control capabilities of in-house teams.” Facing these heightened requirements, Wu emphasizes that the role of an in-house team extends beyond being a “think tank” with excellent professional competency; it should also function as a bridge to coordinate internal and external relations. “The in-house team needs to be intimately familiar with a project, exercise overall control, and effectively communicate and coordinate with external lawyers, internal business units, company management, and even group management. It must translate and distill the work results of external lawyers according to internal requirements when reporting work. Merely acting as a messenger will not enable the in-house team to balance all stakeholders and progress work smoothly.” Chow from SF Group highlights the company’s commitment to becoming a truly global logistics company, positioning the in-house legal center as a professional unit supporting production and operation rather than a cost department. Chow underscores the center’s focus on enhancing the competitiveness of compliant operations and overall risk resistance in the complex business scenarios of SF Group. The legal compliance team at SF Group will continue to reinforce professional capabilities, expand risk identification, assessment, and judgment capabilities, and enhance its ability to solve problems in complex scenarios, thereby strengthening mutual trust with business units. Aaron Chen, Vice President of Eve Energy Co., Ltd., emphasizes the Winners are listed by their company names in alphabetical order. 获奖名单按公司名称首字母排序 LEGAL DEPARTMENT, BEIJING KINGSOFT CLOUD NETWORK TECHNOLOGY CO., LTD. 北京⾦⼭云⽹络技术有限公司法务部 20 BEIJING 北京 LEGAL DEPARTMENT, BLUE MOON (CHINA) CO., LTD. 蓝月亮(中国)有限公司法务部 22 GUANGZHOU 广州 LEGAL, COMPLIANCE & RISK MANAGEMENT DEPARTMENT, CHINA SOUTHERN POWER GRID INTERNATIONAL CO., LTD. 南方电网国际有限公司风险控制部 15 GUANGZHOU 广州 LEGAL CENTER, EVE ENERGY CO., LTD. 惠州亿纬锂能股份有限公司法务中心 50 HUIZHOU 惠州 AIDC-LEGAL & COMPLIANCE DEPARTMENT, HANGZHOU ALIBABA INTERNATIONAL DIGITAL COMMERCE CO., LTD 杭州阿里巴巴海外数字商业有限公司, 国际数字商业集团-法务&合规部 44 HANGZHOU 杭州 LINK ASSET MANAGEMENT LIMITED MAINLAND CHINA LEGAL TEAM 领展资产管理有限公司中国内地 法务团队 9 SHANGHAI, BEIJING, GUANGZHOU, SHENZHEN 上海、北京、广州、深圳 COMPLIANCE MANAGEMENT DEPARTMENT OF LEGAL DEPARTMENT, MENGNIU GROUP 蒙牛集团法律事务部合规管理部 6 BEIJING 北京

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