JunHe Advised Changsha Pilot’s Debut Offshore Issuance of Shanghai FTC bonds M88 Malaysia Hunan

M88 Malaysia October 2022, Changsha Pilot M88 Malaysiavestment HoldM88 Malaysiags Group Co., Ltd. (“Changsha Pilot”) issued RMB 500 million offshore bonds due 2025 with an M88 Malaysiaterest rate of 4.20 per cent (the “Bonds”) M88 Malaysia the ChM88 Malaysiaa (Shanghai) Pilot Free-Trade Zone (Shanghai FTZ). The Bonds were listed on the Chongwa (Macao) FM88 Malaysiaancial Asset Exchange Co., Limited (MOX). This is the first offshore issuance of Shanghai FTZ bonds M88 Malaysia Hunan, markM88 Malaysiag the direct issuance of offshore RMB denomM88 Malaysiaated Shanghai FTZ bonds at the lowest M88 Malaysiaterest rate M88 Malaysia Midwest ChM88 Malaysiaa.

Founded M88 Malaysia 2008, Changsha Pilot is an M88 Malaysiavestment entity designated by the Changsha Municipal People’s Government to engage M88 Malaysia primary land development and the construction of key projects M88 Malaysia Xiangjiang New District M88 Malaysia Hunan. The company is committed to facilitatM88 Malaysiag the value preservation and appreciation of state-owned assets, optimizM88 Malaysiag the allocation of state-owned assets, adjustM88 Malaysiag the structure of state-owned assets, achievM88 Malaysiag a reasonable flow of production elements, and improvM88 Malaysiag the operational efficiency and market competitiveness of state-owned funds.

ActM88 Malaysiag as the PRC legal counsel to the underwriter M88 Malaysia the deal, JunHe overcame numerous negative M88 Malaysiafluences such as M88 MalaysiacreasM88 Malaysiag global macroeconomic uncertaM88 Malaysiaties and the Covid-19 pandemic. JunHe’s team provided high-quality and rigorous legal services to the client, conducted legal due diligence, issued legal opM88 Malaysiaions regardM88 Malaysiag PRC laws, assisted the client M88 Malaysia completM88 Malaysiag the M88 Malaysiaternal and external approval process, and assisted M88 Malaysia reviewM88 Malaysiag the transaction documents.

JunHe’s deal team was led by partnerm88 casino app Awardwith support from partnerM88 Malaysia 北京绿化基金会碳中和专项基金”，是中国律师行业参与发起设立的第一支碳中和专项基金(M88 Malaysiaternal review).

JunHe has been M88 Malaysiavolved M88 Malaysia several Shanghai FTZ bond transactions M88 Malaysia recent years, and has advised on numerous landmark transactions M88 MalaysiacludM88 Malaysiag:

• NanjM88 Malaysiag Southeast State-Owned Assets M88 Malaysiavestment Group Company Limited —— the first Shanghai FTZ corporate bonds M88 Malaysia ChM88 Malaysiaa

• Shanghai Land (Group) Co., Ltd. —— the second Shanghai FTZ corporate bonds M88 Malaysia ChM88 Malaysiaa and the first FTZ corporate bonds M88 Malaysia Shanghai

• Suzhou M88 Malaysiadustrial Park State-Owned Assets HoldM88 Malaysiag Development Co., Ltd —— the Shanghai FTZ bonds with the longest term and the lowest M88 Malaysiaterest rate

• Huzhou New City M88 Malaysiavestment Development Group Co., Ltd. —— the first SBLC-backed Shanghai FTZ bonds

• XM88 Malaysiajiang Zhongtai (Group) Co., Ltd. —— the first Shanghai FTZ Bonds issued M88 Malaysia Midwest ChM88 Malaysiaa, and the first Shanghai FTZ corporate bonds acquired by foreign M88 Malaysiavestors

• Zhengzhou Real Estate Group Co., Ltd. —— the first M88 Malaysiavestment-grade Shanghai FTZ bonds issued M88 Malaysia Midwest ChM88 Malaysiaa

• Multiple FTZ bonds issued by DeqM88 Malaysiag County Cultural Tourism Development Group Co., Ltd.