Recently, Landing Law Offices, serving as the issuer’s legal advisor, assisted Fujian Fuzhou Rural Commercial Bank Co., Ltd. (“Fuzhou Rural Commercial Bank”) in the successful issuance of the first batch of technology innovation bonds by a local financial institution in Fujian Province and the first technology innovation bond within the Fujian Rural Credit System, with a total issuance amount of RMB 300 million.

Fuzhou Rural Commercial Bank traces its roots back to 1951, when it was established as Xindian Credit Cooperative, the first rural credit cooperative in Fujian Province. After several rounds of reform, it completed its corporatization in 2011 and was officially inaugurated as a joint-stock rural commercial bank. Over the years, Fuzhou Rural Commercial Bank has remained committed to serving both urban and rural communities, growing alongside its customers, and promoting regional economic prosperity, striving to build a trusted “Family Bank.”

Since its restructuring, the bank has successfully transformed from a small, low-profit, and undercapitalized urban rural credit cooperative into a well-managed, profitable, and reputable urban rural commercial bank. Its public image and brand recognition have steadily improved. In recent years, the bank has received numerous national and provincial honors, including National Worker Pioneer, National Harmonious Business Enterprise, National Model Workers’ Home, Civilized and Standardized Service Demonstration Unit in the Chinese Banking Industry, National Youth Civilization Unit, and the Fujian May Day Labor Award, as well as being repeatedly recognized among the Top 10 Fujian Rural Credit Institutions for Management and Business Growth.

For this project, Senior Partner Tang Xiang, Attorney Wang Feng, Attorney Lin Xiaozhong, and Attorney Wu Xiaowen from Landing Law Offices provided comprehensive legal services to the issuer, including: Conducting domestic legal due diligence on the issuer; Providing legal advice and opinions under PRC law regarding the proposed bond issuance;Reviewing transaction and offering documents;Advising the issuer on regulatory approvals, licenses, and authorizations required for the bond issuance; and Issuing a PRC legal opinion letter to the issuer.