DeHeng (Hong Kong) advised HaiYan Coastline Co., Limited 海盐海滨有限公司on its issuance of CNY1,220 million listed FTZ bonds Unconditionally and Irrevocably Guaranteed by Haiyan State-owned Assets Management Co., Ltd. (海盐县国有资产经营有限公司)


DeHeng Law Offices (Hong Kong) LLP being the legal advisers to HaiYan Coastline Co., Limited 海盐海滨有限公司 (the “Issuer”) and Haiyan State-owned Assets Management Co., Ltd. (海盐县国有资产经营有限公司) (the “Guarantor”, together with their subsidiaries, the “Group”), on its issuance of CNY1,220,000,000 4.3 per cent. guaranteed bonds due 2026 in Shanghai Free-Trade Zone unconditionally and irrevocably guaranteed by the Guarantor and listed on the Chongwa (Macao) Financial Asset Exchange Co., Ltd. (the “MOX”) on 24 March 2023 (Stock code: MOXLB2348). 

Since its establishment in 2000, the Group serves as the core operating entity responsible for construction of resettlement housing, land development and consolidation ,as well as sales of goods in Haiyan County. The Group serves the dual purposes of supporting social and economic development of Haiyan County and achieving business growth. The Group has leveraged on the robust economic growth of Jiaxing City and Haiyan County and the favourable local as well as national strategies, to develop and expand its business. 

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. 

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