LexisNexis® 40 UNDER 40 2024
Xiaoxu Liu
Legal Director of Business Unit
Midea Group Co., Ltd
Lawyer Liu has made outstanding contributions as the overall coordinator of legal execution for Midea Group's H-share project. He successfully managed the selection of law firms, due diligence, preparation and review of prospectuses, and collaborated with finance and IR teams to provide relevant legal opinions and close the loop. Midea was listed on the Hong Kong Stock Exchange on September 17, 2024, raising approximately 30 billion yuan and becoming the largest IPO in Hong Kong stocks in nearly three years.
Liu also completed the construction of Midea Group's global legal digital system from phase 0 to 1, covering contract management, seal management, electronic signature, case management, commercial domain management, brand protection, lawyer database, etc., realising comprehensive online management of legal work and 24/7 intelligent seal management. He attempted to build legal tech tools, such as partner risk warning, and achieved comprehensive online management of Midea Group's multi format legal affairs.
Liu was responsible for a patent series lawsuit against a competitor, involving a total amount of 300 million RMB, and engaged in confrontations in multiple cities. Hangzhou Intermediate People's Court and Tianjin Intermediate People's Court have successively ordered the other party to compensate a total of tens of millions of RMB. Under pressure, the other party eventually reached a settlement, and the judgment has become a typical case of multiple local courts.
In addition to his legal work, Liu serves as the Deputy Director of the Public Office, Corporate and Legal Aid Lawyers Working Committee of the Foshan Bar Association. He has served as an interview and assessment examiner for intern lawyers multiple times, efficiently completing the work arranged by the Bar Association. He also established a free legal aid program for all employees of the group and launched related digital products, facilitating employees to initiate legal aid at any time. Up to now, free legal aid has been provided to 1977 individuals.