Chungs Lawyers, the associated firm of DeHeng Law Offices in Hong Kong, advised Sanshui International Development Co., Ltd (三水国际发展有限公司) (the "Issuer") on its issuances of (i) US$90,000,000 3.90% credit enhanced guaranteed notes due 2025 with the benefit of an irrevocable standby letter of credit by Bank of Jiangsu Co., Ltd., Taizhou Branch; (ii) US$27,000,000 3.90% credit enhanced guaranteed bonds due 2025 with the benefit of an irrevocable standby letter of credit by China Zheshang Bank Co., Ltd. Nanjing Branch; and (iii) US$48,000,000 3.90% credit enhanced guaranteed notes due 2025 with the benefit of an irrevocable standby letter of credit by Bank of Nanjing, Taizhou Branch, which are guaranteed by Jiangsu Jiangyan Economic Development Group Co., LTD (江苏姜堰经开集团有限公司) (the "Guarantor", together with its subsidiaries, the "Group") and listed on the Stock Exchange of Hong Kong Limited.

Chungs Lawyers, the associated firm of DeHeng Law Offices in Hong Kong, advised Huzhou Nanxun New Town Investment Development Group Co., Ltd. (湖州南浔新城投资发展集团有限公司) (the "Issuer", together with its subsidiaries, the "Group") on its issuance of US$40,000,000 3.90% credit enhanced bonds due 2025 supported by an irrevocable Standby letter of credit provided by China Zheshang Bank Co., Ltd. Huzhou Branch.

Recently Ping An Capital became the strategic lead investor of Soterea in Series B. Soterea raised a total of RMB 1.3 billion in this round. The other investors included SK China, a Series A investor, and Harvest Capital and Henan Investment Group. Soterea, valued at nearly RMB 10 billion after Series B financing, is one of the unicorns in the intelligent driving industry.

Recently after rounds of negotiation among stakeholders, a contract dispute over a construction project represented by DeHeng was successfully mediated under the auspices of the court, saving the client a loss of more than ten million yuan. In this case, DeHeng lawyers once again successfully applied the criminal-civil crossing method to turn around the situation and protect the client’s lawful rights.

Recently, Li Ting, Zhang Jun and Guo Liang of DeHeng's Beijing Office successfully represented a retrial case involving a difficult and complex private lending dispute in Henan Provincial People's High Court which changed the previous court judgment and granted all the client's claims.

The reorganization of Wanhu Real Estate Development Company in Chuxiong involved complicated legal relations, and the Wanhu Dongcheng project was left with a lot of outstanding work for a long time, in steep debts, and the conflict between creditors and home buyers was pronounced, threatening social and financial stability and people's wellbeing in and nearby Chuxiong city. In this case, DeHeng lawyers played a key role in the successful reorganization of the company. They leveraged their expertise, provided a lot of legal opinion and suggestions to the bankruptcy administrators, and helped them solve many complicated and difficult legal issues including how to protect the rights of and balance all parties involved to the maximum extent, in particular, how to protect the rights of home buyers and creditors, how to give full play to the role and functions of the creditors committee according to law, how to select investors for the reorganization according to law, how to draft the reorganization plan, how to ensure the successful implementation of the follow-up business plan and complete the construction, and how the organization plan can realize win-win outcomes regarding legal procedures, economic value and social benefits. DeHeng lawyers' professionalism and dedication were widely recognized and highly appreciated by the bankruptcy administrators, creditors, home buyers, reorganization investors and Chuxiong's city court.