Translator：Wang Yichun

On September 20th, Zhenhua Port Machinery Company successfully issued its 2022 non-public corporate blue bonds (first issue) on the Shanghai Stock Exchange. This marked the company's debut in issuing corporate bonds on the exchange market and represented the nation'Cách chơi xì dách luôn thắngirst blue bond for a listed company, as well as the first for an industrial manufacturing enterprise in China. The bond'Cách chơi xì dách luôn thắnginal issuance interest rate was set at 1.95%, a historical low for private short-term bonds, thereby setting a new standard for central state-owned enterprises blue corporate bond issuance. This achievement underscores the capital market's positive outlook and strong endorsement of ZPMC' robust capabilities in marine high-end equipment and its promising business development prospects.

Serving as the special legal advisor for this blue bond issuance, Shanghai Landing provided expert and efficient legal services. The legal team, led by attorneys Liu Zhaofu and Li Jinchang, played a crucial role in the successful issuance. Committed to the principle of "Specialized Services", Landing continues to dedicate itself to delivering professional services to its clients.