DeHeng (Hong Kong) advised Chongqing Jiangjin District Jiangding Industrial Development Co., Ltd. (重慶市江津區江鼎實業發展有限公司) as Issuer on its issuance of CNY285 million Credit Enhanced Bonds due 2027 with the benefit of an irrevocable standby letter issued by Chongqing Three Gorges Bank Co., Ltd

2024-08-16

DeHeng Law Offices (Hong Kong) LLP advised the managers and the trustee on the issuance of CNY285.0 million 4.0 per cent. Credit Enhanced Bonds due 2027 by Chongqing Jiangjin District Jiangding Industrial Development Co., Ltd. (重慶市江津區江鼎實業發展有限公司)  (the “Issuer”, together with its subsidiaries, the “Group”), and listed on the Singapore Exchange Securities Trading Limited (the “SGX-ST”). Listing of the bonds on the SGX-ST commenced on 5 August 2024.

The Company is a construction and operation entity in Jiangjin District and is wholly-owned by Jiangjin District SASAC. Since its establishment in 2018, the Company has become one of the major construction and operation entity in Jiangjin District, primarily responsible for the operation of sewage treatment and the sales of land quotas in Jiangjin District. On top of the public development projects, the Company also undertakes various commercial activities, such as refined oil sales, human resource services, property leasing, and self-operating projects. Leveraging on the development of Jiangjin District in recent years, strong shareholder’s support and its diversified businesses, the Group has established itself as a leading company in Jiangjin District and plays an important role in the development of Jiangjin 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, 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.