On February 10, 2015, the Fiscal and Financial Department of National Development Reform Commission issued its No. [2015]262 notice approving the issuance of no more than 600mln small- and micro-enterprise credit-enhanced collective bonds by Urumqi Economic and Technological Development Zone Construction and Development Corporation. Fund raised from the four-year-term bonds would be used to support small- and micro-enterprises.
Urumqi Economic and Technological Development Zone Construction and Development Corporation is a state-owned enterprise primarily engaged in the construction and management of urban infrastructure and supporting projects, displacement and resettlement, assets management, leasing of houses, equipment, and sites, investment consulting, property management, and urban landscaping and gardening.
Qinghai-based partner Xu Jianghong and associate Guo Zuoni advised on the bond issuance.
Beijing Dacheng Law Offices, LLP ("大成") is an independent law firm, and not a member or affiliate of Dentons. 大成 is a partnership law firm organized under the laws of the People’s Republic of China, and is Dentons' Preferred Law Firm in China, with offices in more than 50 locations throughout China. Dentons Group (a Swiss Verein) ("Dentons") is a separate international law firm with members and affiliates in more than 160 locations around the world, including Hong Kong SAR, China. For more information, please see dacheng.com/legal-notices or dentons.com/legal-notices.
