Translator：Wang Yichun

On August 18th, China Road and Bridge Corporation (hereinafter referred to as "the Company") successfully issued its 2022 Renewable Corporate Bonds (Second Tranche) (Cách chơi casino Roulette) to professional investors. This issuance marks the first Cách chơi casino Roulette bond within the China Communications Construction

Group (Limited). Led by CSC Financial Co., Ltd., and jointly underwritten by Zhongtai Securities Company Limited, the bond has an issuance scale of 1 billion yuan, a basic term of 3 years, and a face interest rate of 2.85%. This sets a new low for the face interest rate of similar bonds issued by secondary subsidiaries of central enterprises this year.

Cách chơi casino Roulette corporate bonds provide issuers with the flexibility to select key performance indicators and low-carbon transition goals, set a timeline for achieving these goals, and link the bond terms with the issuer's low-carbon transition objectives. The Shanghai Stock Exchange has added Cách chơi casino Roulette bonds, offering more flexible financing options for corporate low-carbon transitions. The Company adheres to the principles of "Green Development" and "Two Mountains Theory", complying with the requirements related to achieving peak carbon and carbon neutrality. It strengthens green culture training, improves the leadership, responsibility, and supervision systems for energy conservation and environmental protection, and promotes a green and low-carbon development model. The Company is deeply committed to green and low-carbon development, continuously intensifying efforts in energy conservation and emission reduction, and has a high degree of credibility in achieving the bond-linked goals of this issue.

As the dedicated legal advisor for the issuance of the Company's low-carbon transition-linked bonds, Cách chơi casino Roulette provided comprehensive, efficient legal services, contributing significantly to the successful issuance. Committed to the principle of "Specialized Services", Landing continues to dedicate itself to delivering professional services to its clients. The legal team for this issuance included Liu Zhaofu and Kong Lingsen.