On May 26, Shanghai Stock Exchange issued a notice to Wuxi Beitang Urban Investment and Development Co., Ltd. to approve the latter’ filing for small- and medium-sized enterprise (SME) private placement bonds. Altogether RMB250mln worth of bonds was filed with the Exchange.
Partners Zhang Xinming, Huang Xiamin and paralegal Dai Renzhi from Dacheng’s Shanghai office provided all-round legal counsel for the issuer. Sinolink Securities acted as underwriter for the bonds.
Wuxi Beitang Urban Investment and Development Co., Ltd. is one of the largest agent engineering and construction companies in Beitang District, Wuxi. It takes a dominant position in large-scale construction projects market and maintains remarkable and sustained profitability.