On March 11, 2025, China Information Communication Technologies Group Corporation (“CICT Group”) obtained the Approval on the Registration of Public Offering of Corporate Bonds to Professional Investors by China Information Communication Technologies Group Corporation (CSRC Approval [2025] No. 449) issued by the China Securities Regulatory Commission (CSRC). The approval grants CICT Group permission to register its public offering of Corporate Bonds to professional investors on the Beijing Stock Exchange, with a total nominal value not exceeding RMB 5 billion. 

CICT Group is a central state-owned enterprise in information and communication high technology under the supervision of the State-owned Assets Supervision and Administration Commission of the State Council. It is recognized as the birthplace of China’s optical communication industry and one of the key contributors to international mobile communication standards with core intellectual property rights. As a globally renowned provider of information and communication products as well as integrated solutions, CICT Group comprises six listed companies and multiple non-listed corporations. Its business focuses on six key areas, including optical communication, mobile communication, optoelectronics and integrated circuits, cybersecurity and particular mobile communication, intelligent applications, and data communication. The group operates across 31 provinces, autonomous regions, and municipalities in China, with a presence in over 30 overseas countries, serving more than 100 countries and regions worldwide. 

Zhonglun W&D Law Firm was appointed as the special legal counsel for CICT Group’s registration of the 2025 Science and Technology Innovation Corporate Bonds for professional investors, providing expert legal services throughout the process. 

The legal team was led by Qinggui Zhen, senior partner at the Beijing Office of Zhonglun W&D Law Firm, serving as the lead partner and overall project director. Partner Zhiping Li from the Beijing office acts as the managing partner, with lawyer Xijie Sun also included.