Introduction to the Hunan Branch of Dagong Global Credit Rating Co., Ltd.

The Hunan Branch of Dagong Global Credit Rating Co., ltd. (“Dagong Hunan Branch”) is a rating company specialized in credit evaluation for securities, commercial & industrial enterprises and financial organizations. With the largest scale and effectiveness nationwide, its head office is the only one national credit rating institution approved by both the People’s Bank of China and the previous State Economic and Trade Commission. Today it is a credit rating institution appointed by the National Development and Reform Commission in Hunan Guarantee Industry.

Founded in 2005, the Dagong Hunan Branch was appointed by Changsha Branch of the People’s Bank of China and Hunan Economic Commission as a credit rating agency for borrowing enterprises and guarantee companies in Hunan province. Since Dagong started its credit rating business at an early time in Hunan, it has successively provided credit rating services for both corporate bonds and short-term financing bonds to companies including Yueyang Xingchang Petro-chemical Co., ltd., Hunan Kangshen Medicine Co., ltd., Changsha Zoomlion Heavy Industry Science and Technology Development Co., ltd.; it further provided credit evaluation services for bank loan projects such as the technology reform of Hunan Xiangtan Iron & Steel Co., ltd. and the Taoshui reservoir engineering project in Chaling county taken by Hunan Xinyu Taoshui Development Co., ltd.

The Rating technologies applied by Dagong Hunan Branch are rooted from both the “Dagong Credit Rating Methods”-- the first rating methods developed by Dagong with state-owned intellectual property rights, meeting the international standards and adaptive to the actual conditions in China, and the credit risk rating system formed subsequently. In accordance with the practical credit market conditions in Hunan province, our company is now dedicated to doing research for enterprise credit rating and asset securitization with Dagong Postdoctoral Scientific Research Center -- the first postdoctoral center in the Chinese credit rating history, where the Nobel Prize winner and “Father of the Euro” Prof. Robert· Mundell is invited as the honorary tutor.

Dagong Hunan Branch has access to a full range of credit information data in the Dagong Rating Database from over 320 billion yuan of bond credit rating, more than 110 billion yuan of bank loan credit rating and nearly 3,000 enterprises credit rating business covering 70 industries in 29 provinces, autonomous cities and regions. Besides, Dagong Hunan Branch is also supported with large referable resource accumulated from the continuous rating business by Dagong branches in Shanghai, Shenzhen, Shandong, Shanxi, Sichuan, Guangdong, Liaoning, Jilin, Tianjin, Inner Mongolia and Xi’an, etc.

The excellent analysts team of Dagong is the most sizable in the credit rating industry, key members in the Hunan Branch team are veterans with years of experience in various credit projects rating and evaluation. The Dagong Expert Committee is composed of well-known experts in economics, finance and related fields in China, with academic specialties covering all the industries.

Located in Hunan province -- the one with better developed economy among the six provinces in Central China, based on the technology and resource advantages of Dagong, Dagong Hunan Branch is willing to cooperate hand-in-hand with all walks of life to contribute itself to the credit system construction with strong efforts and integrity.

Post Address:Post Address: Room 1102, Lanse Dibiao Mansion, No. 136 Jiefang West Road, Changsha, HuNan
Zip Code: 410005
Tel: 0731-2835587,2835159
Fax: 0731-2835587