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Tian Yuan advise Double Arrow issuing corporate bonds pass the audit of the CSRC

2021-08-03

The public offering of convertible corporate bonds by Zhejiang Double Arrow Rubber Co., Ltd. (stock code: 002381, stock abbreviation: Double Arrow) has passed the examination of the 81st meeting of the Issuance Examination Committee of China Securities Regulatory Commission on August 2, 2021.

The total amount of financing proposed for this issue of Double Arrow is about RMB 513.64 million, and the raised funds will be used for the "High Strength Energy Saving and Environmental Protection Conveyor Belt Project with an Annual Output of 15 million square meters".

As the legal adviser of the issuer, Tian Yuan provides legal services for this issuance of Double Arrow.

Double Arrow is mainly engaged in the research and development, production and sales of rubber conveyor belt series products, and enjoys a high reputation among its peers.

The company is the vice president company of China Rubber Industry Association and one of the main drafting companies of national standards and industry standards for conveyor belt products, and has successively won honorary titles such as "China Famous Brand Products", "China Famous Trademark" and "National Industrial Brand Demonstration Enterprise".

Tian Yuan Law Firm, as the legal adviser of the Company's convertible corporate bond issuance project, is a team composed of partners Zhu Zhenwu, Liu Yu and Lou Qi, lawyer Lu Bin and lawyer assistant Zhu Yuecan, providing professional, high-quality and efficient legal services throughout the project.

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