Huanggang Urban Development and Investment Co., Ltd. recently retained attorneys from Dacheng’s Shanghai office as legal counsel on the issuance of RMB2.5bn worth of corporate bonds.

The issuance took place following the release of “Corporate Bond Review Handbook” by the National Development and Reform Commission, in which more detailed and stricter rules regarding lawyers’ work procedures and specific matters subject to review were set out.

Senior partner Wang Guangming and attorney Yu Benjun advised on the issuance. Their efficiency and expertise was recognized unanimously by the client and the other intermediaries.