DeHeng Hong Kong Advised Shengzhou Investment Holdings Co., Ltd. (嵊州市投资控股有限公司) on the issuance of U.S.$250 million listed bonds

2023-03-23

DeHeng Law Offices (Hong Kong) LLP, being the legal advisers to the Issuer (the “Issuer”, together with its subsidiaries, the “Group”), advised the Issuer on its issuance of U.S.$250,000,000 6.50% bonds due 2026 and listed on The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”).

The Group engages in the social and economic development in Shengzhou. Since its establishment in 2006, the Group has been serving as the core operating entity carrying out municipal development activities and providing public services in Shengzhou. The Group’s businesses include urban infrastructure construction, primary land development and consolidation, sale of sandstone, hotel services and food sale, waterworks and other businesses. Leveraging on the development of Shengzhou and Zhejiang Province, strong shareholder’s support and the experienced management team of the Group, the Group has undertaken and completed a large number of municipal development projects, and played an important role in the development of Shengzhou.

Listing of the bonds on the Hong Kong Stock Exchange commenced on 22 March 2023 (Stock Code: 5768).

Lily Liang, the partner of DeHeng Law Offices (Hong Kong) LLP, led the team including Jason Wong, Vanessa Lai, Darryl Ting, Christina Yip, Connie Ip, Catherine Kwok, Evelyn Fan, Fairy Wang, Dexter Yeung, Lilian Kwong, Jeff Wang, Andy Kwok, Sherry Zhang, Neil Wang and Liz Tang.