2023.03.20
Chongqing Huayu Group Co., Ltd. (Huayu Group or the Issuer) recently obtained approval from the National Association of Financial Market Institutional Investors (NAFMI) for the registration/issuance of 2023 medium-term notes (the Project). JunHe acted as the special legal counsel to the Issuer in the Project.
Established in 1995, Huayu Group is a diversified urban operation group integrating property development and commercial operations and was ranked 39th among China’s top 100 real estate developers in 2023. The company is one of China’s top 500 enterprises, top 500 private enterprises, and top 100 real estate developers and is the only enterprise which has been ranked in the top three of the Top 50 Real Estate Developers in Chongqing for 12 consecutive sessions (i.e., 24 years). Huayu Group’s projects have won various awards such as the Tien-yow Jeme Civil Engineering Prize, China’s Model of Successful Development of Commercial Buildings, the Gold Award for Ecological Environment of International Residential Architecture and Art Communities, Model Compounds for Property Management, Green Ecological Compounds, Top Ten Compounds and Top Ten Garden-Type Compounds.
As the legal counsel to the Issuer, JunHe assisted throughout the Project and conducted legal due diligence on Huayu Group and its related subsidiaries, and issued legal opinions and other documents. JunHe’s team reviewed the offering circular and the other filing documents and assisted in drafting responses to the NAFMII. JunHe effectively communicated and cooperated with Huayu Group and the other intermediaries, and its efforts ultimately facilitated NAFMII’s approval for the registration/issuance of the Project. JunHe was unanimously recognized and highly praised by the client and the other parties.
The Project was led by JunHe partner Joe Wan. JunHe partner CHEN, Yan was responsible for the internal review and provided valuable advice.
