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

The Jiangsu Branch of Dagong Global Credit Rating Co., ltd. (“Dagong Jiangsu 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.

Founded in 2005 and subject to the Shanghai Head Office, Dagong Jiangsu Branch was appointed by Nanjing Branch of the People’s Bank of China as a credit rating agency for both the borrowing enterprises and guarantee companies in Jiangsu province. Since Dagong started its earliest crediting rating business in Jiangsu, it has successively provided credit rating services for convertible bonds, enterprise bonds and short-term financing bonds issued by listed enterprises to companies including Jiangsu Traffic Industries (Group) Co., ltd., Suzhou Industry Yard Real Estate Operation and Management Co., ltd., Jiangsu Kanion Pharmaceutical Co., ltd., Nanjing Panda Electronics Co., ltd., Jiangsu Yuandong Cable Works, Xugong Group Construction Machinery Co., ltd.; it further provided credit evaluation services for bank loan projects to companies including Jiangsu Wuxi Shanghua Technologies Co., ltd., Wuxi Dunnan Integrated Circuit Co., ltd., Wuxi Hynix Semiconductor, Zhangjiagang Huaxing Electric Power Co., ltd., Suzhou Waster-to-Energy Co., ltd..

The Rating technologies applied by Dagong Jiangsu 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 Jiangsu province, our company is now working and doing research for many enterprise credit rating projects 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 Jiangsu 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 Jiangsu Branch is also supported with large referable resource accumulated from the continuous rating business by Dagong branches in Shanghai, Shenzhen, Zhejiang, Shanxi, etc.

The excellent analysts team of Dagong is the most sizable in the credit rating industry, key members in the Jiangsu 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 Jiangsu province – one of the most economically developed provinces in China, based on the technology and resource advantages of Dagong, Dagong Jiangsu 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.