<div style="text-align: justify;"><span style="color:#696969;"><span style="font-size:16px;"><span style="font-family:arial,helvetica,sans-serif;">On November 19, Linyi Urban Construction Investment Group Co., Ltd. (Linyi Urban Investment Group) successfully issued 2021 corporate bonds (Phase I), with a scale of 1 billion yuan, a term of 3+2 years, and a coupon rate of 3.45%, setting a new low for the coupon rate of municipal state-owned enterprises in Shandong Province since May 2020.<br /><br />As the lawyer of this corporate bond project, Beijing Deheheng Law Firm has provided high-quality legal services for Linyi Urban Investment Group. The project undertaking team consists of senior partner Gao Tao, co-partner Zhao Jinghai and Liu Lu.</span></span></span></div>

DHH Supported Linyi Urban Investment Group to Publicly Issue 1 Billion Yuan of Corporate Bonds

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