On 15 December 2015, with Qiu Guangli of Chengdu Office, Tan Weihong of Beijing Office and other 4 lawyers as legal counsel, National Association of Financial Market Institutional Investors approved the registration of 2015 Medium-term Notes of Ya'an Development Investment Co., Ltd. Guantao team is being led by finance partners Qiu Guangli and Tan Weihong, assisted by other four lawyers.
This is a financing project of post-disaster reconstruction. The amount of first phase is RMB 940 million, including interest-bearing fixed interest type and interest-bearing floating interest type. China Development Bank and China Bohai Bank are co-sponsors.
With registered capital of RMB 1 billion, Ya'an Development Investment Co., Ltd. is a wholly state-owned company of Ya'an, Sichuan Province. It is authorized by Ya'an Municipal Government to be in charge of investment, financing and management in the areas of energy, public traffic, land, mineral resources and urban resources.