DeHeng (Hong Kong) advised Huzhou Nanxun Tourism Investment Development Group Co., Ltd. (湖州南浔旅游投资发展集团有限公司) on its issuance of U.S.$75 million guaranteed bonds unconditionally and irrevocably guaranteed by Huzhou Nanxun Cultural Tourism Development Group Co., Ltd.（湖州南浔文旅发展集团有限公司）

2024-07-10

DeHeng Law Offices (Hong Kong) LLP advised the managers and the trustee on Huzhou Nanxun Tourism Investment Development Group Co., Ltd. (湖州南浔旅游投资发展集团有限公司) (the “Issuer”, together with its subsidiaries, the “Group”) on its issuance of U.S.$75,000,000 6.5 per cent. guaranteed bonds due 2027 unconditionally and irrevocably guaranteed by Huzhou Nanxun Cultural Tourism Development Group Co., Ltd.（湖州南浔文旅发展集团有限公司).

The Group mainly operates its businesses in Nanxun District, Huzhou City, Zhejiang Province. The region is endowed with geographical advantages, rich historical legacy, and abundant tourism resources, all of which underscore its immense economic development potential. Acting as a sole state-owned operating entity to conduct tourism-related businesses in Nanxun District, the Group is the sole entity authorised to manage and operate four key scenic areas in Nanxun District. Leveraging the development of Nanxun District in recent years, strong shareholder’s support and its diversified businesses, the Group has established itself as a leading state-owned company in Nanxun District and plays an important role in the’ development of Nanxun District.

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, Linda Gao, Fairy Wang, Andy Kwok, Catherine Hui, Pinky Lau, Faye Pang, Calvin Cheung, Geoffrey Tang, Sandy Liu, Gia Jia, Luna Zheng and Regina Li.