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

The Shanxi Branch of Dagong Global Credit Rating Co., ltd. (“Dagong Shanxi 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, the Dagong Shanxi Branch is a borrower credit rating agency appointed by Taiyuan Branch of People’s Bank of China and the first selected credit rating agency for medium an small sized companies and guarantee firms in Shanxi province. Since Dagong started its credit rating business at an early time in Shanxi, it has successively provided credit rating services for enterprise credit and short-term financing bonds to companies including Shanxi Yangquan Aluminium Industry Co., ltd., Shanxi Aluminium Factory, Shanxi Jincheng Mining Affairs Bureau, Yangquan Mining Affairs Bureau, Shanxi Trust and Investment Co., ltd., Yangquan Coal Industry (Group) Co., ltd., Meijin Energy (Group) Co., ltd., Taiyuan Iron and Steel (Group) Co., ltd.; it further provided credit evaluation services for bank loan projects to companies including Shanxi Luneng Hequ Electric Coal Development Co., ltd., Shanxi Hequ Coal Mining, Shanxi Gucheng Dairy Products Co., ltd.; it also participated in the borrower credit rating work of Shanxi Changhao Industrial Co., ltd., Shanxi Anye (Group) Co., ltd., Shanxi Chengtai Architecture Co., ltd., Shanxi Taiyuan Huadongxing Materials Trading Co., ltd., Shanxi Huayang Pharmaceutical Co., ltd., Shanxi Strong Materials Trade Co., ltd., and the credit rating work of 65 medium and small sized companies from four districts and two counties of Yangquan city.

The Rating technologies applied by Dagong Shanxi 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 principles of the Shanxi enterprise credit risk formation and through actual demonstration study, 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 Shanxi 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 Shanxi Branch is also supported with large referable resource accumulated from the continuous rating business by Dagong branches in Shanghai, Shenzhen, Shandong, Zhejiang, etc.

The excellent analysts team of Dagong is the most sizable in the credit rating industry, key members in the Shanxi 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 Shanxi province -- the one with abundant energy resource in China, based on the technology and resource advantages of Dagong, Dagong Shanxi 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: 10/F, News Mansion, No. 78 Xinjian Road, Xinghualing District, Taiyuan, Shanxi.

Zip Code: 030002

Tel: 0351-8222481/82/83

Fax: 0351-8222286