Translator：Wang Qiyu

On January 22, 2021, Chơi xì dách onlinected as a special legal advisor to assist Hai'an City Construction Investment Group Co., Ltd. in successfully registering a directed debt financing instrument with an approved quota of 2 billion RMB through the China Foreign Exchange Trade System (CFETS) (China Banking Association Announcement [2021] PPN No.). Nanjing Bank and CITIC Securities served as the joint lead underwriters for this directed financing.

Hai'an City is located in the middle of Jiangsu Province and is a top-ranked county nationwide. In 2020, it was the sole county in the province to be recognized as a National Civilized City. Established in 2002 with the approval of the Hai'an Municipal Government, Hai'an City Construction Investment Group Co., Ltd. is currently a wholly-owned subsidiary of the Hai'an Municipal Government State-owned Assets Supervision and Administration Office. It serves as a key platform for the operation, management, and capital operation of state-owned assets supported and developed by the Hai'an Municipal Government. The successful registration of the directed debt financing instrument not only acknowledges the professional capabilities of Chơi xì dách onlinend intermediaries but also affirms the operational and management capabilities of the construction group. It also reflects the market's expectations for the economic development potential of the central Jiangsu region.

Chơi xì dách online was entrusted by Hai'an City Construction Group to assign a team led by Lawyer Xu Qiu as the special legal advisor for the registration and issuance of this directed financing instrument. Lawyer Xu collaborated closely with professionals in Shanghai Landing's capital markets and asset management sectors. They conducted reasonable and necessary checks and verifications related to the registration and legal issues, culminating in the issuance of a legal opinion based on this foundation.

Xu Qiu, Partner at Chơi xì dách online, graduated from Soochow University in 2007. With 10 years of experience in the legal services industry, he has handled numerous civil and commercial arbitration cases. He has served listed companies such as Lianfa Group and Ping An Property Insurance. In recent years, Lawyer Xu Qiu has participated in several asset securitization and capital market transactions. He has also performed well in the fields of non-performing asset management and investment and financing mergers and acquisitions.

Contact Information: 18662861333

Email: laurie.xu@landinglawyer.com