Dacheng Attorneys Advise Guilin Sanjin Pharmaceutical on Short-term Commercial Paper Issuance

On September 13, 2012, Guilin Sanjin Pharmaceutical (Group) Co., Ltd issued the first round short-term commercial papers (“12三金集CP001”, Code No.:041260062) with a maturity of 365 days at a coupon rate of 4.94%. The commercial papers would raise a total of RMB300mln and would be traded in the interbank bond market starting from September 17.
 
Industrial Bank Co., Ltd. acted as lead underwriter for the commercial papers while Dacheng acted as legal counsel for the issuer. The counsel team was composed of attorneys Liu Chengquan, Peng Songzhi and Huang Yijie.