DeHeng (Hong Kong) advised Haina Urban Investment International Holding Ltd (海纳城投国际控股有限公司) as Issuer on its issuance of CNY558.0 million listed bonds

2024-03-28

DeHeng Law Offices (Hong Kong) LLP advised the issuer on Haina Urban Investment International Holding Ltd (the “Issuer”) on the issuance of CNY558,000,000 6.8 per cent. Guaranteed bonds due 2027 unconditionally and irrevocably guaranteed by Zhoushan Putuo Urban Investment Development and Construction Co., Ltd. (舟山普陀城投開發建設有限公司) (the “Guarantor”, together with its subsidiaries and the Issuer, the “Group”), and listed on the Chongwa (Macao) Financial Asset Exchange Co., Ltd. (the “MOX”) (Stock Code: MOXTB24066).

The Group is controlled by the Putuo District Finance Bureau, Zhoushan City. The Group serves the dual purposes of supporting the social and economic development of Putuo District and Zhoushan City and achieving urban development in Putuo District. Since its establishment in 2011, the Group has been serving as the core operating entity responsible for agent construction and trading, as well as facilitating the social and economic development in Putuo District. The Group has leveraged the robust economic growth of Putuo District, as well as favourable local and national strategies, to develop and expand its scope of business.

Lily Liang, the partner of DeHeng Law Offices (Hong Kong) LLP, led the team including Jason Wong, Darryl Ting, Christina Yip, Connie Ip, Catherine Kwok, Evelyn Fan, Fairy Wang, Dexter Yeung, Lilian Kwong, Jeff Wang, Andy Kwok, Liz Tang, Catherine Hui, Pinky Lau, Faye Pang, Calvin Cheung, Geoffrey Tang and Jeremy Chu.