DeHeng (Hong Kong) advised Qingdao West Coast New Area Ronghe Holding Group Co., Ltd. (青岛西海岸新区融合控股集团有限公司) on its issuance of CNY120 million listed bonds on the MOX and LuxSE

2024-04-10

DeHeng Law Offices (Hong Kong) LLP advised the managers and the trustee on Qingdao West Coast New Area Ronghe Holding Group Co., Ltd. (青岛西海岸新区融合控股集团有限公司) (the “Issuer”, together with its subsidiaries, the “Group”) on its issuance of CNY120,000,000 5.0 per cent. Bonds due 2027 listed on the Chongwa (Macao) Financial Asset Exchange Co., Ltd. (“MOX”) and the Bourse de Luxembourg (“LuxSE”). The Bonds are listed on the MOX (Stock code: MOXTB24072) and the LuxSE (Stock code: HK0001004230) on 10 April 2024.

Since its establishment in 2018, the Group has been serving as the core operating entity carrying out municipal development activities and providing public services in Qingdao City. The Group’s businesses include trade business, agent construction business, development business and manufacturing business. Leveraging on the development of Qingdao City and Shandong 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 Qingdao City.

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, Dexter Yeung, Lilian Kwong, Vivian Li, Sophia Chan, Evelyn Fan, Fairy Wang, Jeff Wang, Andy Kwok, Liz Tang, Catherine Hui, Pinky Lau, Faye Pang and Calvin Cheung.