DeHeng (Hong Kong) advised Shangrao Urban Operation (Holding) Group Co., Ltd. (上饶市城市运营（控股）集团有限公司) as Issuer on its issuance of CNY360,000,000 5.50 per cent. sustainability bonds due 2027

2024-09-27

DeHeng Law Offices (Hong Kong) LLP advised the managers and the trustee on the issuance of CNY360,000,000 5.50 per cent. sustainability bonds due 2027 by Shangrao Urban Operation (Holding) Group Co., Ltd. (上饶市城市运营（控股）集团有限公司) (the “Issuer”, together with its subsidiaries, the “Group”). The Bonds were listed on the The Stock Exchange of Hong Kong Ltd. (Stock code: 84571), and the listing of the Bonds commenced on 27 September 2024.

The Group serves as the core construction entity of Shangrao’s infrastructure facilities, being involved in the investment, development and operation of the Shangrao’s infrastructure. Leveraging on the development of Shangrao, strong shareholder support and the experienced management team of the Group, the Group has played an important role in the development of Shangrao. The Group is currently involved in nine business segments covering a wide range of industries: (i) agent construction, (ii) nonferrous metals, (iii) electricity generation, (iv) engineering construction, (v) commodity sales, (vi) hotel management, (vii) transportation, (viii) real estate sales, and (ix) other businesses.

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, Aileen Jiang, Andy Kwok, Leo Choi, Evelyn Fan, Linda Gao, Fairy Wang, Catherine Hui, Pinky Lau, Faye Pang, Calvin Cheung, Geoffrey Tang, Matthew Mok, Jeremy Chu, Max Chen, Anna Chen, Gia Jia, Regina Li, Delin Zhang and Ke Yixin.