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

The Zhejiang Branch of Dagong Global Credit Rating Co., ltd. (“Dagong Zhejiang 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 2001 and subject to the Shanghai Head Office, Dagong Zhejiang Branch perseveres in the corporate culture of “Value nothing but the truth, credit and impartiality” for years to promote the credit ideology, enhance people’s credit consciousness, explore and study credit solutions to boost the social credit system construction in Zhejiang province. It has successively provided credit rating services for enterprise bonds and short-term financing bonds to companies including Hangzhou Municipal Construction and Development Co., ltd., Zhejiang Juhua Group Corp., Zhejiang Hengyi Group, Insigma Technology Co., ltd., Qingshan 3rd Nuclear Power Limited Company, Hangzhou Jinjiang Group Corp., Hangzhou Iron & Steel Co., ltd., Zhejiang Materials Metal Co., ltd., among which the Hengdian Group Holdings Limited is the first private company to issue short-term financing bonds in the inter-bank bond market.

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

The excellent analysts team of Dagong is the most sizable in the credit rating industry, key members in the Zhejiang 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 Zhejiang province – one of the most economically developed provinces in China, based on the technology and resource advantages of Dagong, Dagong Zhejiang 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: 705 Room, Wenxin Office Buidling, No.173 Wen'er Road, Huangzhou city

Zip Code: 310012

Tel: 0571-85806606

Fax: 0571-85806602