Sinotruk (Hong Kong) Limited (stock code “3808”) (“Sinotruk”) has successfully issued bonds valued at RMB 2.7 billion on 29 October 2010.  Sinotruk is the first non-bank red chips company issuing renminbi-denominated bonds in the offshore market.  In this renminbi bonds issue, our firm acted as Sinotruk’s Hong Kong legal advisor.

The Sinotruk group of companies is a leading heavy duty truck manufacturer in China, which specialises in the research, development and manufacture of heavy duty trucks and related key parts and components.