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On 23 January 2018, Sunny Optical Technology (Group) Company Limited (the "Sunny Optical") (2382.HK) issued USD 600 million 5-year bonds in Hong Kong, with a coupon rate of 3.75%.

Sunny Optical is a leading company in integrated optical device manufacturers and an optical imaging system solution provider. Sunny Optical has strong capabilities in R&D and manufacturing. With great reputation among its customers worldwide, Sunny Optical has extended its market in forty countries and regions and has become the most important supplier to many Tier 1 customers domestically and internationally. Sunny Optical has also gained significant global market share in compact module camera, lens sets for mobile devices and automotive lenses.

In this transaction, Guantao served as the PRC legal advisor to the Sunny Optical. The Guantao team for this transaction included Mr. Gan Weimin, Mr. Chen Xiaochuang, Ms. Xiao Jiajia, Ms. Zhang Yang, Mr. Zhu Yue and Ms. Bao Jingjing.