On 25 March 2020, the application for public issue of the corporate bonds by Shanxi Blue Flame Holding Company Limited (“Blue Flame Holding”) was passed and approved by China Securities Regulatory Commission.  Grandall Taiyuan Office provided legal service for Blue Flame Holding in this project.

Blue Flame Holding, the issuer, is a company listed on the main board of Shenzhen Stock Exchange (000968.SZ).  The scale of this issue is up to RMB 1 billion, with corporate credit rating of AA and debt rating of AAA, and coupon rate of 3.38%.

Grandall Taiyuan Office has been retained as the legal advisor of the issuer with Mr. GONG Jianfeng and Mr. YING Fanchao being key lawyers servicing the case.