DeHeng (Hong Kong) advised Quanjiao Quanrui Investment Holding Group Co., Ltd. (全椒全瑞投資控股集團有限公司) on its issuance of CNY720,000,000 guaranteed bonds guaranteed by Anhui Xingtai Financing Guarantee Group Co., Ltd. (安徽省興泰融資擔保集團有限公司) as Guarantor

2024-08-02

DeHeng Law Offices (Hong Kong) LLP advised the managers and the trustee on the issuance of CNY720.0 million 6.5 per cent. bonds due 2027 by Quanjiao Quanrui Investment Holding Group Co., Ltd. (全椒全瑞投資控股集團有限公司) (the “Issuer”, together with its subsidiaries, the “Group”) guaranteed by Anhui Xingtai Financing Guarantee Group Co., Ltd. (安徽省興泰融資擔保集團有限公司) (the “Guarantor”). Listing of the bonds on the Chongwa (Macao) Financial Asset Exchange Co., Ltd (Stock code: MOXTB24162). The listing of the Bonds commences on 2 August 2024.

The Issuer is wholly controlled by the Quanjiao County State-owned Assets Supervision and Administration Commission. Since its establishment in 2016, the Group has been playing an important role in infrastructure construction and affordable housing construction in Quanjiao County, Chuzhou City. Leveraging on the development of Chuzhou City and Quanjiao County, strong shareholder’s support and the experienced management team of the Group, the Group is a major contributor to the development of Quanjiao County, Chuzhou City.

The Guarantor is a state-owned enterprise located in Hefei, Anhui Province, PRC and has been primarily engaged in provisions of guarantees and other financing services.

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, Matthew Mok, Gia Jia and Regina Li.