On December 30, 2017, Beijing’s first medium-low speed maglev line S1 with independent intellectual property started its trial operation officially. The magnetic levitation S1 line is a demonstration line of medium-low speed maglev transportation. Its trial operation marks the successful landing of research and development of medium-low speed maglev technology. The operation of S1 line will efficiently improve the external traffic situation of Mentougou New Area and play a positive role in the adjustment of industrial structure in Shijingshan District. In addition, it will promote the development of maglev transportation industry in China and provide powerful industrial confidence to fully implement the deployment of Made in China 2025, build brand for Beijing and carry out the national strategy of “One Belt, One Road” and “Going Global” with the involvement of maglev transportation.
Representing the initial investor of the project Beijing Enterprises Group and the construction parties Beijing Enterprises Railroad Transportation Construction Co., Ltd. and Beijing Enterprises Transportation Equipment Co., Ltd., Partner Dongming Li, Partner Jian Li and Senior Associate Lu Yang from East & Concord Partners Beijing Office provided special legal services for the investment and construction of the medium-low speed maglev line S1 in Beijing, including drafting, reviewing and modifying the BT project investment and construction contract, entrusted construction contract, contract for construction management, contract for trial operation, contracts for purchasing the track panel system, turnout system, vehicle, processing equipment, contract for train integrated debugging, plans for BT project construction management and organization. Moreover, they participated in the negotiation of such contracts and assisted in evaluating and standardizing the intellectual property rights developed in such project, and the final assignment of such project to achieve returns on the investment.