On 9 May 2016, China Huiyuan Juice Group Ltd.'s successfully issued its first Panda Bond which was underwritten by China Merchants Securities. In this transaction, Guantao acts as the lawyer of the underwriter.
This affair is an absolutely innovation since CSRC's adoption of the Administrative Measures for Issuing and Trading Corporate Bonds in 2015.
As Huiyuan is registered in Cayman Island and listed in Hong Kong with principal place of business in Mainland China, so that the issue of coordination between different jurisdictions has to be taken into consideration. After a long process of on-site due diligence working and drafting the prospectus, Guantao has successfully finished the deal.