DeHeng Advised Shandong Water Investment

 on Issuing ABN Series 2020-1

2020-06-28

Shandong Water Investment Co., Ltd. ("Shandong Water Investment") has recently issued the asset-backed notes (ABN) series 2020-1, with China Securities as the lead manager and book-runner.

Shandong Water Investment was established in 2003, with a registered capital of RMB 600 million. It has over 30 branches and subsidiaries at various levels across Shandong province, and a workforce of about 1,200. Its water treatment capacity exceeds 2.025 million tons/day, including the raw water supply of about 1.4 million tons/day, pure water supply of about 265,000 tons/day, and sewage treatment capacity of approximately 360,000 tons/day.

DeHeng has provided legal services for Shandong Water Investment since 2003. For this issuance, the DeHeng team, led by partners Wang Qingfeng and Ma Enyun, with primary support from lawyer Liu Chen and secretary Hao Xiaoyu, provided whole-process legal services for the client. DeHeng lawyers worked closely and actively with the issuer, managers and other parties, to provide professional, comprehensive, and high-quality legal services for the issuance.