DeHeng Law Offices (Hong Kong) LLP advised the managers and the trustee on Changxing Urban Construction Investment Group Co., Ltd. (长兴城市建设投资集团有限公司) (the “Issuer”, together with its subsidiaries, the “Group”) on its issuance of CNY335,000,000 3.70 per cent. credit enhanced bonds due 2026 with the benefit of an irrevocable Standby Letter of Credit provided by Postal Savings Bank of China Co., Ltd. Huzhou Branch, and listed on the Chongwa (Macao) Financial Asset Exchange Co., Ltd. (the “MOX”).

DeHeng Law Offices (Hong Kong) LLP advised Qingtian Transportation Development Investment Co., Ltd. (青田县交通发展投资有限公司) (the “Issuer”, together with its subsidiaries, the “Group”) on its issuance of RMB483,000,000 3.70 per cent. credit enhanced bonds due 2026 in Shanghai Free-Trade Zone supported by an irrevocable standby letter of credit provided by Bank of Ningbo Co., Ltd., Lishui Branch (宁波银行丽水分行) and listed on the Chongwa (Macao) Financial Asset Exchange Co., Ltd. (“MOX”). The Bonds is listed on the MOX (Stock code: MOXTB2311) on 23 May 2023.

DeHeng Law Offices (Hong Kong) LLP advised the managers and the trustee on Changxing Urban Construction Investment Group Co., Ltd. (长兴城市建设投资集团有限公司) (the “Issuer”, together with its subsidiaries, the “Group”) on its issuance of CNY200,000,000 3.75 per cent. credit enhanced bonds due 2026 with the benefit of an irrevocable Standby Letter of Credit provided by Bank of Nanjing, Hangzhou Branch, and listed on the Chongwa (Macao) Financial Asset Exchange Co., Ltd. (the “MOX”).

DeHeng Law Offices (Hong Kong) LLP advised Changxing Cultural Tourism Development Group Co., Ltd. (长兴文化旅游发展集团有限公司) (the “Issuer”, together with its subsidiaries, the “Group”) on its issuance of CNY286,000,000 3.80% credit enhanced bonds due 2026 in Shanghai Free-Trade Zone supported by an irrevocable standby letter of credit provided by Bank of Beijing Co., Ltd Hangzhou Branch and listed on the Chongwa (Macao) Financial Asset Exchange Co., Ltd. (the “MOX”).

DeHeng Law Offices (Hong Kong) LLP advised the managers and the trustee on Dongtai Chengxing Investment Development Co., Ltd. (东台市城兴投资发展有限公司) (the “Issuer”, together with its subsidiaries, the “Group”) on its issuance of CNY410,000,000 3.65% credit enhanced bonds due 2026 with the benefit of an irrevocable Standby Letter of Credit provided by Bank of Shanghai Co., Ltd. Nanjing Branch, and listed on the Chongwa (Macao) Financial Asset Exchange Co., Ltd. (the “MOX”).

DeHeng Law Offices (Hong Kong) LLP advised Qingdao West Coast New Area Ronghe Holding Group Co., Ltd. (青岛西海岸新区融合控股集团有限公司) (the “Issuer”, together with its subsidiaries, the “Group”) on its issuance of CNY300,000,000 5.35 per cent. notes due 2026 in Shanghai Free-Trade Zone and listed on the Chongwa (Macao) Financial Asset Exchange Co., Ltd. (“MOX”). The Notes is listed on the MOX (Stock code: MOXLB2367) on 21 April 2023.