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

The Sichuan Branch of Dagong Global Credit Rating Co., ltd. (“Dagong Sichuan 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, Dagong Sichuan Branch was appointed by Chengdu Branch of the People’s Bank of China as a borrower credit rating agency. Since Dagong started its credit rating business many years ago in Sichuan, it has successively provided credit rating services for enterprise bonds, convertible bonds and short-term financing bonds at a total sum of nearly 10 billion yuan to companies including Sichuan Petroleum Group, Panzhihua New Steel & Vanadium Co., ltd., Chengdu Technology Reform Investment Co., ltd., Chengdu Western Automobile City (Group) Co., ltd., Sichuan New Hope Agribusiness Co., ltd., Chengdu Xuguang Technology Co., ltd.; It further provided credit evaluation services for over 2 billion yuan of enterprise loans to companies including Lutianhua (Group) Inc., Sinopec Sichuan Vinylon Works, Sichuan Huadian Zagunao Water Power Development Co., ltd., and received high praise from enterprises and banks.

The Rating technologies applied by Dagong Sichuan 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 Sichuan 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 Sichuan 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 Sichuan 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 Sichuan 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 Sichuan -- a province with strong economy in West China, based on the technology and resource advantages of Dagong, Dagong Sichuan 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: Room 8 on 16/F, Unit 1, Tower B, Zongbei International, No. 34 Jinxiu Road, Wuhou District, Chengdu, Sichuan.

Zip Code: 610041

Tel: 028-85355568

Fax: 028-85355568