<div style="text-align: center;"><img alt="" src="/uploads/allimg/221114/1-22111414133HD.png" style="width: 600px; height: 338px;" /></div>
<div style="text-align: justify;"> On October 29, 2021, Qinhuangdao Urban Development Investment Holding Group Co., Ltd. (hereinafter referred to as &quot;Qinhuangdao Chengfa&quot;) issued corporate bonds with a total face value of no more than 700 million yuan to professional investors, which was approved by the China Securities Regulatory Commission.&nbsp;Beijing DHH served as the legal adviser of the issuer in this offering, providing professional legal services throughout this offering. Beijing DHH&#39;s team members providing legal services for this offering include senior co-partner Guo Enying, co-partner Ding Wei, co-partner Zhou Shanxin, and Liu Xuanyu.</div>

Beijing DHH Law Firm Supported Qinhuangdao Urban Development Investment Holding Group Co., Ltd. Successfully Issue Corporate Bonds to Professional Investors in 2021 (Phase I)

Beijing DHH Law Firm, as the Chinese legal adviser of Shuifa Group, was awarded the &ldquo;Best Restructuring Transaction in Asia Pacific in 2020&rdquo; by the internationally renowned financial magazine The Banker. &nbsp; Shuifa Energy Group Co., Ltd. (Shuifa Energy Group), a subsidiary of Shuifa Group, subscribed for approximately 66.92% of the shares of China Singyes Solar Technologies Holdings Limited (00750.HK) at the price of HK$1.55 billion, including Arrangement plans of Hong Kong and outside Bermuda. The plan includes the issuance of convertible notes with an annual interest rate of 5% denominated in RMB by the Industrial Solar, and senior notes denominated in USD with an annual interest rate of 6.75% and 7.95% respectively. The debt restructuring plan is one of the prerequisites for equity subscription. As the Chinese legal adviser of Shuifa Energy Group , DHH participated in this project throughout the process. &nbsp; The lead partners and lawyers of this project are Ding Xu, Zhou Shanliang and Liu Xuanyu. Other project members include Wang Xiaofang, Tao Xiufang, Qiao Lin, Yu Ruoxuan and Rong Yanru. &nbsp; The Banker&nbsp;is an international financial monthly magazine belonging to the British&nbsp;Financial Times, which provides economic and financial intelligence information for the world financial industry, with a good reputation for providing objective and acute reports to customers.
<div style="text-align: center;"> &mdash;&mdash;Lead Partners&mdash;&mdash; <img alt="" src="/uploads/allimg/200628/1-20062QKUX13.jpg" style="width: 250px; height: 249px;" /> Ding Xu Senior Partner Business area:Companies, Capital Market and Securities, Investment and Finance, M&amp;A, etc. Email: dingxu@deheng.com <img alt="" src="/uploads/allimg/200628/1-20062QPA0358.jpg" style="width: 250px; height: 250px;" /> Zhou Shanliang Co-partner Business area:Domestic and Overseas IPO, M&amp;A, Private Equity Investments, etc. Email: zhoushanliang@deheng.com <img alt="" src="/uploads/allimg/200628/1-20062QPSb08.jpg" style="width: 250px; height: 250px;" /> Liu Xuanyu Lawyer Assistant Business area:Domestic and Overseas IPO, M&amp;A, Private Equity Investments, etc. Email: liuxuanyu@deheng.com</div> &nbsp; &nbsp;

LIU Xuanyu