On August 16, Mengcheng Development Zone Xingmeng Investment Co., Ltd. listed offshore RMB bonds (namely "dim sum bonds") on the Hong Kong Stock Exchange. The bonds, with a total issue value of RMB140 million and an interest rate of 5.0%, mature in 2026.(stock abbreviation: MC DZXI B2608-R, stock code: 84438)
Since its establishment, the Group has carried out municipal development activities and provided public services in Mengcheng County. The Group's businesses include engineering construction services, asset leasing and sales, construction materials sales, transportation services, building materials leasing and other businesses. With the development of Mengcheng County and Anhui Province, as well as strong shareholder support and an experienced management team, the Group has played an important role in the development of Mengcheng County.
DeHeng Law Offices acted as international legal counsel to underwriters and trustees.