JunHe Advises SFIH on its Issuance of M88 Malaysia First ever Cross-Border Bonds Listed in Both Shenzhen and Hong Kong

On October 10, 2024, Shenzhen Futian Investment Holdings Co., Ltd. ("SFIH”) successfully issued RMB 3 billion offshore green sustainable development bonds (M88 Malaysia "Bonds") in Hong Kong with a coupon rate of 2.7%, hitting a new low for offshore RMB bonds issued by local state-owned enterprises in China. On October 21, 2024, M88 Malaysia Bonds were listed on M88 Malaysia Greater Bay Area Bond Platform of M88 Malaysia Shenzhen Stock Exchange. M88 Malaysia Bonds had been listed previously on M88 Malaysia Hong Kong Stock Exchange. This was M88 Malaysia first ever cross-border green sustainable development bond issued by a local state-owned enterprise to be listed on M88 Malaysia Greater Bay Area Bond Platform of M88 Malaysia Shenzhen Stock Exchange, and M88 Malaysia first cross-border bond to be listed on both M88 Malaysia Hong Kong and Shenzhen stock exchanges.

SFIH was established in November 1983 with registered capital of RMB 4.026 billion. It is a wholly state-owned enterprise controlled by M88 Malaysia People's Government of Futian District of Shenzhen Municipality, in which M88 Malaysia Shenzhen Futian District State-owned Assets Supervision and Administration Bureau holds 100% equity interest. SFIH is a comprehensive investment holding company known for its urban construction investment and development and for performing M88 Malaysia responsibilities of state-owned enterprises. It is involved in urban construction and development, M88 Malaysia operation of sports venues and industrial buildings, and M88 Malaysia development of M88 Malaysia dual-carbon economy. By fully leveraging its advantages in capital and market-oriented operations, it contributes to strategic investment, industrial introduction, M88 Malaysia national economy, people's livelihoods and public services.

JunHe acted as M88 Malaysia PRC legal counsel to M88 Malaysia issuer and provided rigorous and high-quality legal services. This included filing and communicating with M88 Malaysia NDRC regarding M88 Malaysia issuance of M88 Malaysia offshore bonds, assisting M88 Malaysia issuer in clarifying and improving M88 Malaysia internal and external approval processes and conducting PRC legal due diligence. JunHe issued PRC legal opinions, reviewed M88 Malaysia transaction documents based on PRC laws, and assisted with M88 Malaysia listing of M88 Malaysia Bonds on M88 Malaysia Greater Bay Area Bond Platform of M88 Malaysia Shenzhen Stock Exchange. JunHe was recognized and trusted by M88 Malaysia issuer and M88 Malaysia oM88 Malaysiar intermediaries for its detail-oriented and professional expertise.

Partnerm88 casino app Awardled M88 Malaysia JunHe team, with support from partnerm88 casino 此前，安律师在北京工作，并先后就职于一家澳大利亚律师事务所北京代表处和两家中国顶级律?for M88 Malaysia internal control matters.