Recently, Suning Appliance Group Co., Ltd. (hereinafter referred to as “Suning Group”) has received a “Notice of Acceptance of Filing” of its debt financing plan from Beijing Financial Assets Exchange Co., Ltd. (hereinafter referred to as “BFAE”), and has successfully filed its RMB 700 Mil debt financing plan with BFAE. Suning Group's long-term credit rating of issuer is AAA. The team led by Wang Shaoxing, an attorney of ZhongYin Law Firm, represented this client in this project.

Suning Group is a leading commercial enterprise in China. In 2019, it ranks the third among China's top 500 private enterprises, the second among China's top 100 private enterprises in the service industry, and again first in the online retail industry. Suning Group constantly expands its businesses, forming a pattern of coordinated development of Suning.com, Suning Logistics, Suning Finance, Suning Technology, Suning Real Estate, Suning Media and Entertainment, and Suning Sports.

Wang Shaoxing's team focuses on the legal services related to fixed income financial products such as bonds, debt financing instruments, and asset securitization, has outstanding performance and rich experience in practicing in financial business such as banking, securities, insurance, trust, and privately-raised fund, can provide clients with a full range of high-quality legal services, and has been well received by clients for high-quality services.