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Advised the Managers and Trustee on issuance of U.S.$25,000,000 listed bonds

Chungs Lawyers, the associated firm of DeHeng Law Offices in Hong Kong, advised the Managers and Trustee on Zhejiang Anji Construction Development (Hong Kong) Co., Limited (浙江安吉建設發展(香港)有限公司) (the “Issuer”) issuance of U.S.$25,000,000 4.80% guaranteed bonds due 2023 unconditionally and irrevocably guaranteed by Zhejiang Anji State-controlled Construction and Development Group Co., Ltd (浙江安吉国控建设发展集团有限公司) (the “Guarantor”, together with its subsidiaries, the “Group”).

Established in 2010, the Group is one of the primary entity for the construction of significant city infrastructure and tourist attractions within the Anji Economic Development Zone of Anji County under the mandate from the People’s Government of Anji County and is wholly state-owned by the Finance Bureau of Anji County. Leveraging on the development of Zhejiang Province and Anji County, strong shareholder’s support and its diversified businesses, the Group has undertaken and completed a large number of infrastructure construction and tourist attractions development projects and played an important role in the development of Anji Economic Development Zone and Anji County.

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

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