Shanghai Yingdong Law Firm was entrusted by Guizhou Lvjing Xincheng Development Investment Co., Ltd. (hereinafter referred to as the "Company"), and designated Senior Partners Ran Jin, Lawyer Zhang Hao and Lawyer Yu Ge to provide special legal services on the Company’s non-public offering of poverty alleviation corporate bonds to qualified investors (hereinafter referred to as the “bonds”), including legal consultation related to bond offering, legal due diligence, provision of legal opinions and responses to feedback from the Shanghai Stock Exchange, etc. The bonds will be offered in tranches with a total face value less than RMB 840 million, underwritten by Shanghai Securities Co., Ltd.

Recently, the Company has successfully obtained the "Letter of No Objection to Guizhou Lvjing Xincheng Development Investment Co., Ltd.’s Non-public Offering of Poverty Alleviation Corporate Bonds" provided by the Shanghai Stock Exchange (hereinafter referred to as the "SSE") (Shang Zheng Han [2019] No. 2231), which means SSE has no objection to the listing and transfer of the bonds.

The Company was established in December 2011 as a state-owned enterprise approved by the People's Government of Xishui County, Zunyi City, with a registered capital of RMB 584.19 million. As the most important investment and operating entity on urban infrastructure in Xishui County, the establishment and operations of the Company has transformed the investment and financing model for urban infrastructure in Xishui County from traditional government behavior to “market-driven operations engaging the society and guided by the government.” The operating model has made vital contributions to urbanization of Xishui and improving living conditions of the people there.