LONGAN LAW FIRM
Lawyer Yu, Peiyao and Zhang, Chi of Shenzhen Offices have been retained by DongGuan Industrial Investment Holding Group Co., Ltd. (DongGuan Industrial) to act as the special legal adviser for its issuance of corporate bonds in 2016.
On February 3, 2017, the NDRC affirmed that DongGuan Industrial was approved to issue corporate bonds no more than 2.55 billion yuan, of which 2 billion yuan shall be used for the first phase project of Dongguan rail transit line 1, and 550 million yuan shall be used for supplement working capital. The term of this bond is 15 years, which adopts the fixed rate, and the simple interest is calculated on an annual basis. The lead underwriter of this bond is China Galaxy Securities Co., Ltd.