On July 15, 2019, Executive Director He Ping of ZhongYin (Hangzhou) and Attorney Ni Dixiang of its Finance and Securities Practice Department, assisted Zhejiang Taihu New City Industrial Investment Co., Ltd. (“Taihu New City”) to successfully obtain the SSE Letter [2019] No. 1182 issued by Shanghai Stock Exchange: Letter of No Objection to Non-public Offering by Zhejiang Taihu New City Industrial Investment Co., Ltd. of Corporate Bonds. The company will offer non-publicly offered corporate bonds totaling not more than 2 billion yuan to qualified investors, with Huaxi Securities Co., Ltd. as the underwriter.

Taihu New City was established on May 5, 2011 with a registered capital of 1.15 billion yuan. It mainly engages in industrial investment, tourism development, real estate development and operation, rural and urban infrastructure construction, land development and smoothing, and sales of construction materials, and so on.

Founded in January 1993, ZhongYin has long been committed to practicing in the areas of finance, securities and international law. By relying on rich connections with the social force, universities, banks and governments, and leveraging the expertise and efficient teamwork of a large number of senior attorneys, it has provided a large number of enterprises with a full range of comprehensive legal services for domestic and overseas listing, NEEQ listing, private equity financing, M&A and reorganization, cross-border financial trade, and so on, helping clients to achieve their business objectives as far as possible and to maximize their interests.