The application filed by Dalian Rongqiang Investment Co., Ltd. (“Rongqiang Investment”) for issuing corporate bonds was passed and approved on 25 July 2016.  The issue was limited to RMB 1.5 million.

Rongqiang Investment is a state-owned enterprise with the approval of Zhuanghe government and affiliated thereto.  It has shown significant competitiveness in sea area operation, primary land development and infrastructure construction. 

Grandall Tianjin Office acted as the adviser of Rongqiang Investment with Mr. LIANG Shuang and Mr. ZHANG Yu acting as key lawyers servicing the project.