LexisNexis® UNDER 40 2024
Mingyang Liu
General Counsel
HollySys
Since taking over as General Counsel at HollySys, Mr. Liu has successfully led HollySys privatization process from Nasdaq worth of US$1.66B. His excellent legal consulting solution lies in fending off hostile take-overs and securing funds from all sources. On the one hand, he established a working flow and created a working group, together they designed a "war-plan", fended off a hostile take-over including defeating them in courts and secured funds from friendly investors and institutions. They managed to signed the definitive documents only three months after the privatization process was initiated and secured a closing seven months after. On the other hand, he succeeded in winning the two Supreme Court cases (nulifying two contracts signed four years ago required company to transfer company assets to a third party worth of US$68M in aggregate), paving ways to retrieving the aforementioned assets and demanding damages. One of the temporary settlements had helped to avoid potential loss in its entirely in the case where the adversarial party who was controlling the equity deciding to run off with the money.
The above achievements well reflect Mr. Liu's professional level as a General Counsel, not to mention his design and development of data and privacy compliance policy for HollySys, making HollySys the first Chinese company in Automation sector to have a integrated data and privacy compliance protection.
In terms of personal traits, Mr. Liu is self-disciplined and self-strengthening. He has served as a host, speaker, simultaneous interpreter, and other part-time positions at the global compliance summit of the group, while also taking on various responsibilities. He opened his own podcast about parenting, participated in dozens of finance-related courses, and also studied entry-level psychology course, aiming to increase self-awareness. His growth mindset has led him not only to become a legal professional, but also towards the ultimate goal of focusing on self-growth.