DeHeng (Hong Kong) advised Jiangsu Runxin City Investment Group Co., Ltd. (江苏润鑫城市投资集团有限公司) on its issuance of CNY307,000,000 4.98 per cent. green bonds due 2027

2024-08-15

DeHeng Law Offices (Hong Kong) LLP advised the managers and the trustee on the issuance of CNY307,000,000 4.98 per cent. green Bonds due 2027 by Jiangsu Runxin City Investment Group Co., Ltd. (江苏润鑫城市投资集团有限公司) (the “Issuer”, together with its subsidiaries, the “Group”) The bonds will be listed on the Chongwa (Macao) Financial Asset Exchange Co., Ltd. (Stock code: MOXTB24175G), with the listing of the Bonds having commenced on 13 August 2024.

The Issuer was established in May 2016 and under the control of Suining County State Owned Asset Management Service Center. The Group mainly engages in infrastructure construction and sales of properties in Suining County, Xuzhou City. Leveraging on the development of Suining County in recent years, strong shareholder’s support and its diversified businesses, the Group has established itself as a leading company in Suining County and plays an important role in the development of Suining County. As the Suining People’s Government continues to increase its investment in affordable housing construction, comprehensive development of the ancient Yellow River, and agricultural, the Group’s business scale has continued to be expanded with enhanced profitability and market competitiveness.

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, Alethea 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.