Dentons Hong Kong advised as issuer's international counsel on Shandong Quanhui Industrial Development Co., Ltd.'s successful offering of CNY229,000,000 3.2% credit enhanced bonds due 2027 with the benefit of an irrevocable standby letter of credit issued by Bank of Nanjing. The bonds are listed on the Chongwa (Macao) Financial Asset Exchange Co., Ltd. The joint lead managers of the offering include China Credit International Securities, Haitong International, Pulun International, CMBC Capital, Shanghai Pudong Development Bank Hong Kong Branch, China CITIC Bank International, Huatai International and China Industrial Securities International.

Shandong Quanhui Industrial Development Co., Ltd. is a state-owned enterprise in the PRC with its business operations primarily conducted in Zhangqiu District of Jinan City, Shandong Province and the group's business consists of four major segments, namely, products sales, hotel and catering, property management, and surveying and design.

The Dentons Hong Kong team, which advised on English law in this offering, was led by capital market partner Charles Yim, along with associates Ningxin Sun, Kelvin Wong, Tracy Lei, Alex Kwong, trainee solicitor Man Fung Yeung and legal assistant Alison Chan.

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