Guantao Law Firm advises client on issuing China’s first asset-backed securities focusing on both green industry and energy supply
Guantao Law Firm has recently helped Shenzhen Qianhai Yifang Heng Rong Commercial Factoring Corporation Limited issue China Securities-China Gas-Yifang 2023 Year Phase I Green Supply Chain ABS (energy supply). This served as China’s first ABS focusing on both green industry and energy supply.
Guantao Law Firm provided full legal service for the ABS issuance, including the design of the transaction structure, due diligence of the underlying assets, drafting and modifying transaction documents, and providing legal opinions.
Attorney CUI Xiangwei and attorney XUE Zhihong, both partners of Guantao Law Firm, and attorney SONG Song and legal assistant MA Ming provided legal service in this project.