On 25 April 2017, the non-public offering of green bonds for 2016 of Tongling Development Investment Group Co., Ltd. got approved by National Development and Reform Commission.
Tongling Development is an investment and financing platform with the largest scale and widest range and coverage in this practice area in Tongling, Anhui Province. It will issue RMB 1.2 billion 7-year green bonds. Funds will be used for capital injection.
Guantao acted as legal advisor to the issuer. Guantao team, led by Mr. Dong Wenhao and Ms. Shen Qian, provided legal services throughout the whole transaction.