DeHeng Advised China Railway Materials Company Limited

on Issuing RMB 500 Million PPN

2021-09-26

In September 2021, China Railway Materials Company Limited issued a private placement note (PPN) with a scale of RMB 500 million, a term of three years and a coupon rate of 4.4%.

As the issuer's legal counsel, the DeHeng team, led by partner Hou Zhiwei, with primary support from Zhang Yan, Wen Bin, Wang Jing, Hu Xueyuan, Wang Yujia, Xianyu Jiashan, Sun Yuehao and Jiang Yue, provided whole-process legal services for the issuance.