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

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

Dagong Global founded its Shanghai Representative Office primarily in 1996 and formally established the Dagong Shanghai Branch in 2003 as the management organ for other branches from the five provinces and one autonomous city in East China, which further expands into Shanghai Head Office of Dagong Global today. Persevering in the corporate culture of “Value nothing but the truth, credit and impartiality”, Dagong Shanghai 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 Shanghai city.

In 1998, the Dagong Shanghai Branch, associated with the Security Association of China, published the “Comprehensive Evaluation of the listed Chinese A-share companies”, which includes 719 companies listed in Shenzhen and Shanghai Stock Exchanges; Between the year 2004 and 2005, Dagong Shanghai Branch continuously provided companies in Shanghai Stock Exchange 50 index with credit rating services, which set an initial example for a rating agency to systematically evaluate companies in stock index. The Nobel Prize winner and “Father of the Euro” Prof. Robert A. Mundell highly appreciated Dagong’s performance, making it widely impressive in the whole society.

In 2005, Dagong started to participate in the credit rating and contract performance rating work of medium and small sized firms, guarantee companies, borrowing enterprises, corporate companies beyond 1000 in total number.

The Rating technologies applied by Dagong Shanghai 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 Shanghai, our company works with Dagong Postdoctoral Scientific Research Center -- the first postdoctoral center in the Chinese credit rating history -- to extend research and development work in the credit rating system of companies in Shanghai Stock Exchange 50 index, credit status of listed companies in China and credit rating software application of borrowers, which has already received remarkable achievements till now.

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

The excellent analysts team of Dagong is the most sizable in the credit rating industry, key members in the Shanghai 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 Shanghai -- the most developed economic region and financial center of China, based on the technology and resource advantages of Dagong, Dagong Shanghai 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: 16/F, Yanqiao Mansion, No. 489 Pudian Road, Pudong, Shanghai

Zip Code: 200122

Tel: 021-510963113

Fax: 021-51313618