Recently, Beijing Gaopeng (Hangzhou) Law Firm accepted the entrustment of Hangzhou Yuehao Investment Management Partnership (Limited Partnership) to provide professional legal services for its issuance of mutual beneficial debt (by the Rhine River) investment income rights in Zhejiang Financial Assets Trading Center, design the transaction structure, analyze legal risks, and issue a legal memorandum. On July 26th, the No.1 package of this product was officially launched at the Zhejiang Financial Asset Trading Center, and was immediately widely recognized by investors. After more than three hours, it was completely sold out.

The funds raised from the investment income right of the co beneficial creditor's rights (read well on the banks of the Rhine River) issued this time will actually be fully invested in Changxing County Zhenyu Housing Development Co., Ltd., a bankrupt real estate enterprise in Changxing County, for the subsequent construction of the "Rhine River" real estate project invested and developed by the company. In recent years, the domestic real estate industry has entered a period of adjustment, and the pressure on real estate enterprises in third and fourth tier cities to destock is increasing. Due to the tight capital chain of the enterprise and other reasons, Changxing County Zhenyu Housing Development Co., Ltd. entered the bankruptcy liquidation process. As the main asset of the company, the "Rhine River" real estate project developed by it was shut down due to lack of construction funds, which became a "uncompleted residential building". The bankruptcy liquidation process was temporarily difficult to promote, and the legitimate rights and interests of the majority of home buyers, the rights and interests of the company's creditors, and employees were unable to be guaranteed.

Beijing Gaopeng (Hangzhou) Law Firm, as the inbound external due diligence law firm of Zhejiang Financial Asset Trading Center, has successfully provided legal services for clients to issue a series of financial products such as "Five Water Governance", "Secure Housing Project", and "Featured Town" in Zhejiang Financial Asset Trading Center, and assisted the bankrupt real estate enterprise Zhoushan Zhongheng Real Estate Co., Ltd. in 2014 and 2015 Anji Fenghua Real Estate Co., Ltd. has successfully issued products in the center for further construction financing. The financing for the continuation of the construction of Changxing Zhenyu Housing Development Co., Ltd. is another classic project for lawyers Gao Peng and Zhejiang Financial Asset Trading Center to serve in the provincial bankruptcy case trial, greatly promoting the bankruptcy process of bankrupt real estate enterprises.

In April 2016, the People's Government of Zhejiang Province issued the Opinions on Accelerating Supply-side Structural Reform, proposing that after five years of efforts, significant progress has been made in supply-side structural reform, with significant results achieved in reducing production capacity, inventory, leverage, cost reduction, and weaknesses. New growth points have been accelerated, and the adaptability and flexibility of the supply structure to demand changes have been significantly improved, forming a multi-level and high-quality supply system.

The issuance of investment income rights for co beneficial creditor's rights (read well on the banks of the Rhine River) is an innovative exploration of the financial asset trading model. Through market-oriented and legal means, it has successfully solved the financing difficulties of bankrupt real estate enterprises, improved the asset disposal value of bankrupt enterprises, and has positive and far-reaching significance for maintaining local social stability, promoting local real estate inventory removal, and accelerating the trial of bankruptcy cases.

Lawyers Qian Yuxin, Mao Zhiying, and Huang Liwei provided full legal services for the issuance of the investment income right of the joint beneficial creditor's rights (Read the Rhine River).

This article is translated by software translator for reference only.