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

The Jilin Branch of Dagong Global Credit Rating Co., ltd. (“Dagong Jilin 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 2002, the Dagong Jilin Branch today is appointed respectively by the Changchun Branch of the People’s Bank of China and the National Development and Reform Commission as a credit rating agency for borrowing enterprises, small to middle size companies and guarantee firms in Changchun. Persevering in the corporate culture of “Value nothing but the truth, credit and impartiality”, Dagong Jilin Branch is dedicated to promoting the credit ideology, enhancing people’s credit consciousness, exploring and studying credit solutions to boost the social credit system construction in Jilin province.

Over four years, the Dagong Jilin Branch has successively provided credit rating services for enterprise credit and short-term financing bonds to companies including Jilin Yatai (Group) Co., ltd., Jilin Forest Industry Co., ltd.; it further provided credit evaluation services for bank loan projects to companies including Jilin Fuel Ethanol Co., ltd., Tonghua Iron & Steel Co., ltd., Jilin Chemical Fibre Co., ltd., Changchun Tuozhan Properties Management Co., ltd., Changchun Jingyuetan Construction Investment (Group) Co., ltd.; and participated in the credit rating business with guarantee companies such as Changchun Small and Medium Sized Enterprises Credit Guarantee Co., ltd., Jiutai Small and Medium Sized Enterprises Credit Guarantee Co., ltd..

The Rating technologies applied by Dagong Jilin 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 Jilin 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 Jilin 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 Jilin Branch is also supported with large referable resource accumulated from the continuous rating business by Dagong branches in Shanghai, Shenzhen, Zhejiang, Shanxi, Shandong, etc.

The excellent analysts team of Dagong is the most sizable in the credit rating industry, key members in the Jilin 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 Jilin province – one of the industry bases with long history in China, based on the technology and resource advantages of Dagong, Dagong Jilin 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.