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Advised Yi Hong International Development Co., Ltd. on its issuance of listed bonds

Chungs Lawyers, the associated firm of DeHeng Law Offices in Hong Kong, advised the managers and the trustee on Yi Hong International Development Co., Ltd (壹弘国际发展有限公司) (the “Issuer”) on its issuance of EUR80,000,000 4.25% guaranteed bonds due 2025 unconditionally and irrevocably guaranteed by Ningbo Nanbin Group Co., Ltd (宁波南滨集团有限公司) (the “Guarantor”, collectively with its subsidiaries and the Issuer, the “Group”), and listed on the Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”).


Established in 2003 and designated to carry out land development and land consolidation in Chengguan Zhen (城關鎮) of Ninghai, the Group has since established itself as a leading primary state-owned infrastructure construction company in Ningbo Southern Binhai Economic Development Zone and plays an important role in the urbanisation and development of Ningbo Southern Binhai Economic Development Zone.


Listing of the bonds on the Hong Kong Stock Exchange (Stock code: 5459) commenced on 31 August 2022.


The partner of Chungs Lawyers, the associated firm of DeHeng Law Offices in Hong Kong, Lily Liang, led the team including Jason Wong, Vanessa Lai, Darryl Ting, Christina Yip, Connie Ip, Catherine Kwok, Dexter Yeung, Lilian Kwong, Liz Tang, Vince Chan, Fairy Wang, Evelyn Fan, Jeff Wang, Andy Kwok, Neil Wang and Sherry Zhang.

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