DeHeng Provided Legal Services for the Issuance

of U.S.$170,000,000 Bonds Issued by 

Chengdu Dongfangguangyi Investment Co., Ltd. in 2019

2019-07-02

Chengdu Dongfangguangyi Investment Co., Ltd. (hereinafter "Dongfangguangyi") issued US$ 170,000,000 7.0 per cent. Bonds due 2022 in June 2019.

Founded in August 2003 with a registered capital of RMB 650 million, Dongfangguangyi is a wholly state-owned company which was invested and set up by Chengdu Chenghua Financial and State-owned Assets Affairs office which was authorized contributor responsibility by Chengdu Chenghua District People's government. The company chiefly undertakes the financing, listing of land, construction of resettlement housing, infrastructure and construction of supporting projects for public projects for the development and construction of New City of Longtan Headquarters.

As the PRC counsel to the managers in connection with the issue of the Bonds, DeHeng formed a project team headed by Hou Zhiwei, DeHeng Beijing office partner, with supported by the lawyers Zhang Yan, Hu Xueyuan, Yang Jingjing, Xianyu Jiashan, Sun Yuehao and Wang Zhi. The project team provided professional, comprehensive and quality legal services for the issue of the Bonds .