Hylands provides legal services to Datang Huayin Electric Power Co. Ltd. for the issuance of the first PPN Project in 2019
The first private placement notes (PPN) for the year 2019 by Datang Huayin Electric Power Co. Ltd. obtained the registration notice of the National Association of Financial Market Institutional Investors (NAFMII) in December 2019. The registered amount of the first PPN was CNY 1.5 billion. Datang Huayin Electric Power Co. Ltd. (stock code: 600744) is an electric power production company. Located in the central part of China, the company is an important strategic channel for ‘West-to-East Power Transmission’ and the ‘North-to-South Power Transmission’. It provides energy products and services for the sustainable economic and social development of Hunan and the regions involved and is a strategic entity for the diversified development of power core industries, power-related industries, power extension industries, high-tech industries, and venture capital industries.
Hylands (Changsha) Law Firm was engaged as a special legal adviser for the issuance of PPN by Datang Huayin Electric Power Co. Ltd. to provide relevant legal services. The attorneys for this project included Zhichun WEN and Lina WEI.
As one of the core businesses of Hylands, the banking and financial business covers daily compliance review, investment and financing transaction structure design, credit structure building, pre-project negotiation, due diligence, drafting of documents in Chinese and English, national laws, regulations, policy recommendations, etc. Under the complicated legal and regulatory environment of banking and financial business, Hylands has established smooth communication channels with financial regulators and industry associations in its long-term legal services and can accurately understand financial regulations, and policies and discover their changing trends. Moreover, in the process of practice, attorneys of Hylands’ Banking and Financial Business Team actively participate in and explore the frontier business model, systematically arrange and summarize the relevant business, accumulate rich practical experience in banking, insurance, trust, financial leasing, asset securitization, and other financial and legal services, making them take the leading position in the industry in terms of business level and ability.