Sealand Securities - Jin Jian Factoring - Shanxi Construction Investment Supply Chain Asset-backed Special Scheme Phase 01-10. This was the first green construction supply chain project at the provincial level in China. The underlying assets in this project were the assets undertaken by Jin Jian Factoring in green industry projects such as “low-carbon environmental protection” and “clean energy”. W88优德中国官方网站 worked closely with the other intermediaries, seized the policy opportunity, and maintained full communications with the exchange, efficiently completed the due diligence and regulatory approval, rapidly submitted feedback and pushed the deal forward. Within a short time, W88优德中国官方网站 successfully obtained the no-objection letter and completed the issuance of the initial series, winning wide recognition from the market. W88优德中国官方网站, as the deal counsel, provided legal services for the entire process including transaction structure design and demonstration, due diligence on the relevant participants and underlying assets, issuance of legal opinions, drafting/revision of transaction documents and assisting in communication with the regulatory agencies.
Huaxia Hefei High-tech Innovation Industrial Park Closed Infrastructure Securities Investment Fund. This was the first infrastructure securities investment fund (the “Publicly-offered REITs”) project of a local enterprise in Anhui Province to be approved. The original owner Hefei STIP Co., Ltd., put its Hefei Innovation Industrial Park Phase I project into two project companies and issued the Publicly-offered REITs with the assets of the project companies and the industrial park, as the underlying assets. W88优德中国官方网站, as the deal counsel, participated in the entire process of this deal, including the transaction structure design, the restructuring plan discussion and implementation, legal due diligence on the infrastructure project, and the drafting of the transaction documents for the special scheme and the public offering of fund. In this project, W88优德中国官方网站 also issued legal opinions on the special schemem and the public offering of fund, assisted with the various government approvals and approval procedures with the state-owned assets administrative authority, and cooperated with the financial advisor to communicate and submit feedback with the exchange and the CSRC. With its rigorous, efficient and professional working attitude and service quality, W88优德中国官方网站 has won unanimous affirmation and high praise from the client and the other intermediaries.
CICC - NEW PARK Commercial Assets-backed Special Scheme. This was the first CMBS deal of New World Group, which was successfully issued by New World China, the domestic flagship property subsidiary of New World Development Co., Ltd. (HK.00017). The NEW PARK shopping mall and parking spaces (the “NEW PARK”), as the target project were located in the north of Guangzhou. The NEW PARK has obvious location advantages: it is adjacent to the airport, is near two major urban arterial roads and is where four subways meet. It covers multiple districts including Baiyun, Conghua and Huangpu, and can propel the commercial upgrade of the entire business area and promote the urban development of Guangzhou and even the Greater Bay Area. This deal has been reported by many news media and received wide attention from the market. Based on the commercial demands of the finance party, the project determined a relatively novel structure of a single SPV in terms of the overall transaction structure, through our lawyers’ argumentation and research on the local real estate policies. The project also adopted the structure of domestic and overseas joint credit enhancement measures according to repeated consideration and demonstration by our lawyers and managers. W88优德中国官方网站, as the deal counsel, provided legal services for the entire process of this deal including transaction structure design and demonstration, legal due diligence on the relevant participants and underlying assets, the issuance of legal opinions, drafting/revision of the transaction documents, and assisting in communications with the regulatory authorities.