In August 2019, Changde Economic Construction Investment Group Co., Ltd. successfully issued U.S.$200,000,000 6.60 per cent. Bonds due 2022 with Moody's rating of Ba1 and coupon rate of 6.6%.

DeHeng recently provided a full range of legal services for the Sino-French joint venture of New Hope Liuhe Co., Ltd. (hereinafter New Hope Liuhe) by assisting the establishment of the joint venture and completing the signing of relevant legal instruments. The joint venture is a concrete embodiment of the strategic cooperation agreement between New Hope Liuhe and a French group at the China-France Business Forum held in July 2015 in the presence of Premier Li Keqiang of the State Council of China.

On August 5, 2019, Chongqing Nanchuan District Urban Construction Investment Holding (Group) Co., Ltd. issued the 2019 green non-public project bonds worth RMB1.08 billion, with the term of seven years and the interest rate of 7.80%. This was the first issuance of non-public green bonds for sponge city construction in China.

On July 22, 2019, Shenzhen Stock Exchange issued the Non-objection Letter for the Listing of the Special Asset-Backed Scheme of Sinolink Securities for the Right to Longzhou's Passenger Transport Yields on Shenzhen Stock Exchange (Letter No.377 of 2019 by Shenzhen Stock Exchange). The special scheme plan to issue equities worth no more than RMB 811 million, with Longzhou Group Co., Ltd. (stock code: 002682) and its subsidiary Fujian Wuyi Transportation Co., Ltd. as the joint original equity holders. The equities were divided into priority and subordinated asset-backed securities, of which priority asset-backed securities are further divided into Longzhou 01, Longzhou 02, Longzhou 03, Longzhou 04, Longzhou 05 and Longzhou 06 by maturity period. The special scheme will operate for six years.

DeHeng Law Offices (Wuhan) has recently won the public bid for serving as the retained legal counsel of Hubei Yangtze River Industry Fund Management Co., Ltd.

On July 30, Wuxi Communications Construction Engineering Group Co., Ltd. (WCCG) signed an agreement with the controlling shareholders of Huaren Construction Group Co., Ltd. (the target company) to purchase 55% of the shares of the latter and become its controlling shareholder. Senior officials of Wuxi Municipal State-owned Assets Supervision and Administration Commission and Wuxi Communications Industry Group attended the signing ceremony.