Han Kun provides legal services for Wankai New Materials Co., Ltd.s' issuance of convertible corporate bonds to unspecified investors
September, 2024 - Beijing, Mainland China
Acting as the legal advisor to the sponsor, Han Kun provided legal services for Wankai New Materials Co., Ltd. ("Wankai New Materials," stock code: 301216) in its issuance of convertible corporate bonds to unspecified investors, with the scale of this issuance amounting to 2.7 billion yuan.
Wankai New Materials is one of the leading enterprises in the research and development, production, and sales of polyester materials in China, committed to providing society with healthy, safe, environmentally friendly, and high-quality polyester materials. Its main products include bottle-grade PET and bright PET, which are sold to hundreds of countries and regions worldwide. The company has an annual capacity of 1.8 million tons of bottle-grade PET, ranking among the top globally in terms of production capacity. It also employs production technologies with independent intellectual property rights, such as IPA separate esterification, low-temperature polymerization processes, and composite energy-saving insulation, ensuring production efficiency and product quality. With its high-quality products, technological innovation, and scale advantages, the company has been honored with titles including "Top 500 Chinese Private Manufacturing Enterprises," "Top 500 Chinese Private Enterprises in Foreign Trade," "Well-Known Trademark in Zhejiang Province," and "Zhejiang Famous Export Brand."
