Davis Polk advised the underwriters in connection with a Regulation S offering by Hubei Science & Technology Investment Group (Hong Kong) Company Limited, a wholly owned subsidiary of Hubei Science & Technology Investment Group Co., Ltd., of $300 million 2.900% guaranteed bonds due 2025.

Hubei Science & Technology Investment Group Co., Ltd. is the primary platform via which the Wuhan Municipal Government manages the East Lake High-tech Zone with strategic focuses on the construction of infrastructure, the investment in strategic industries, the provision of services to small-and-medium enterprises and the operation and management of state-owned assets. Since its establishment, Hubei Science & Technology Investment Group Co., Ltd. has been designated as the main financing and investment platform of the East Lake High-tech Zone.

The Davis Polk corporate team included partner Gerhard Radtke and counsel Bingqing Pan. Counsel Alon Gurfinkel and associate Summer Xia provided tax advice. Members of the Davis Polk team are based in the Hong Kong and London offices.

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