Translator：Wang Yichun

Recently, Landing served as the legal advisor for the issuer and facilitated the successful issuance of the 2024 corporate financial bonds (first issue) by Bank of Communications Financial Leasing Co., Ltd. ("Bocom Financial Leasing") in the national inter-bank bond market. The issuance raised a total of 3 billion yuan, with the bonds maturing over a three-year period.

Established in December 2007 with a registered capital of 20 billion yuan, Bocom Financial Leasing is one of the inaugural bank-affiliated financial leasing companies sanctioned by the State Council and is a wholly-owned subsidiary of Bank of Communications. Since its foundation, it has been at the forefront of the financial leasing sector within the Shanghai Free Trade Zone, accomplishing numerous firsts including the region's initial aircraft financing and operating leases, first ship operating lease, first aircraft asset transfer, and the first international loan by a non-banking financial institution. Looking ahead, Bocom Financial Leasing is committed to fulfilling its role as a state-owned financial entity by adhering to the "Three New, One High" standards, robustly supporting the real economy, and harnessing its inherent leasing capabilities. It aims to service critical sectors such as aviation, maritime, transport infrastructure, energy, consumer life essentials, and equipment manufacturing, thereby facilitating China's new development paradigm focused on a domestic cycle supported by a dual circulation strategy.

In this project, Senior Partner Tang Xiang and Zhou Wenjia, along with team members Gong Lingxia and Wu Xiaowen, served as the legal counsel for the issuer. Their services encompassed conducting comprehensive domestic due diligence on the issuer, offering legal opinions and recommendations concerning the proposed bond issuance under Chinese law, reviewing all relevant legal documents, advising on necessary permits, regulatory approvals, and other authorizations for the issuance documents, and delivering a formal legal opinion under Chinese law to the issuer.

Key People

Tang Xiang

Title: Senior Partner, Leader of the European Business Group, Landing Law Offices

Expertise: Mergers and acquisitions, overseas direct investment, corporate law, contract law, labor law.

Contact Details

Email: xiang.tang@landinglawyer.com

Phone: 13916719532

Zhou Wenjia

Title: Senior Partner, Landing Law Offices

Expertise: Legal defense and compliance in financial criminal cases within the securities and futures sectors.

Contact Details

Email: wenjia.zhou@landinglawyer.com

Phone: 18016093843