Recently, Gaopeng & Partners Yangzhou Office assisted Yangzhou Construction Engineering Holding Co., Ltd. (hereinafter referred to as “Construction Engineering Holding Company”) to successfully issue non-public corporate bonds (for epidemic prevention and control) in 2020. “2020 Yang Jian Gong” for short, the bond is the first corporate bond for epidemic prevention and control in Yangzhou City, with the issuance scale of RMB 300 million, the issuance period of 3 + 2 years and the issuing interest rate at 4.0%.The funds raised therefrom will be used to support epidemic prevention and control, which is of great and positive social significance.

The predecessor of Construction Engineering Holding Company is Yangzhou Construction and Installation Engineering Corporation (Yangzhou Construction Engineering Bureau), which was established in 1983. After reorganization in March 2001, it became a state-owned company entrusted by the government to operate and manage state-owned and collective assets of municipal construction enterprises and public institutions. Construction Engineering Holding Company has won the first prize in both Target Management in Construction Industry and Target Management of Production Safety awarded by Yangzhou Municipal Government for many years in succession, playing a leading role in demonstration and maintaining a steady and progressive development momentum.

Lawyer Yi TIAN from Gaopeng & Partners Yangzhou Office, as the core lawyer of the Project, led the team members to provide all-round legal services for the bond issuance. With profound professional background, rich working experience, diligent working attitude and efficient coordination ability fully reflecting the guiding principles of Gaopeng & Partners Yangzhou Office - “professional division of work, team service, quality first, customer-oriented”, he was highly praised by the customer for promoting the successful bond issuance of Construction Engineering Holding Company.