DeHeng Law Offices (Hong Kong) LLP advised Qingtian County Urban Construction Development Co., Ltd. (青田县城市发展投资有限公司) (the “Issuer”, together with its subsidiaries, the “Group”) on its issuance of CNY500,000,000 3.80 per cent. credit enhanced bonds due 2026 in Shanghai Free-Trade Zone supported by an irrevocable standby letter of credit provided by Bank of Hangzhou Co., Ltd Lishui Branch (杭州银行丽水分行) and listed on the Chongwa (Macao) Financial Asset Exchange Co., Ltd. (“MOX”). The Bonds is listed on the MOX (Stock code: MOXLB2347) on 27 March 2023.

DeHeng Law Offices (Hong Kong) LLP advised the managers and the trustee on Huzhou Wuxing Industrial Investment Development Group Co., Ltd. (湖州吴兴产业投资发展集团有限公司) (the “Issuer”, together with its subsidiaries, the “Group”) on its issuance of CNY230,000,000 4.4 per cent. credit enhanced bonds due 2026 in Shanghai Free-Trade Zone backed by an irrevocable Standby Letter of Credit provided by Bank of Shaoxing Co., Ltd. and listed on the Chongwa (Macao) Financial Asset Exchange Co., Ltd. (the “MOX”) on 23 March 2023 (Stock code: MOXLB2351).

DeHeng Law Offices (Hong Kong) LLP being the legal advisers to HaiYan Coastline Co., Limited 海盐海滨有限公司 (the “Issuer”) and Haiyan State-owned Assets Management Co., Ltd. (海盐县国有资产经营有限公司) (the “Guarantor”, together with their subsidiaries, the “Group”), on its issuance of CNY1,220,000,000 4.3 per cent. guaranteed bonds due 2026 in Shanghai Free-Trade Zone unconditionally and irrevocably guaranteed by the Guarantor and listed on the Chongwa (Macao) Financial Asset Exchange Co., Ltd. (the “MOX”) on 24 March 2023 (Stock code: MOXLB2348).

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 CNY1,170,000,000 3.80% credit enhanced bonds due 2026 in Shanghai Free-Trade Zone supported by an irrevocable standby letter of credit provided by Bank of Shanghai Co., Ltd Hangzhou Branch and listed on the Chongwa (Macao) Financial Asset Exchange Co., Ltd. (the “MOX”).

DeHeng Law Offices (Hong Kong) LLP, being the legal advisers to the Issuer (the “Issuer”, together with its subsidiaries, the “Group”), advised the Issuer on its issuance of U.S.$250,000,000 6.50% bonds due 2026 and listed on The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”).

DeHeng Law Offices (Hong Kong) LLP advised the managers on Huikai International Investment Co., Limited (惠开国际投资有限公司) (the “Issuer”) on its issuance of U.S.$50,000,000 6.9% bonds due 2024 with the benefit of a keepwell and liquidity support deed and a deed of equity interest purchase undertaking by Wuxi Huishan Hi Tech Co., Ltd. (无锡惠山高科有限公司) (the “Company”), and listed on the Singapore Exchange Securities Trading Limited (the “SGX-ST”).