Recently, Beijing King&Capital Law Firm, serving as the designated legal counsel, assisted China Datang Group Capital Holdings Co., Ltd. (hereinafter referred to as “Datang Capital”) in the successful issuance of its 2026 Corporate Bonds (Series I) for professional investors.

Datang Capital is a wholly-owned platform under the financial division of the state-owned enterprise China Datang Group. Its main businesses include financial leasing, commercial factoring, entrusted loans, insurance brokerage, and asset management. The company holds an AAA credit rating and received approval from the China Securities Regulatory Commission (CSRC) in October 2024 for a bond registration quota of up to 5 billion yuan. Leveraging this registration quota, the company completed the bond issuance in three tranches, each with a size of 1 billion yuan, for a cumulative issuance total of 3 billion yuan.

This project was led by the firm’s senior partners Sun Yanhui and Yang Hangsheng, who formed a dedicated team with attorneys Liu Yang and Peng Qi to provide comprehensive legal services for the bond registration and each issuance phase. These services encompassed legal due diligence, review of the full set of issuance documents, issuance of a special legal opinion, and on-site witnessing of the bookbuilding process.

This bond project involved a substantial registration quota and was issued in multiple tranches spanning multiple years. King&Capital Law Firm has long specialized in capital market financing sectors such as corporate bonds and infrastructure REITs. The firm has accumulated extensive practical experience in financing projects for central and state-owned enterprises and continues to provide professional, reliable, and compliant legal services for the capital operations of various market entities.

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