Greenland m88 bonus successfully issued US billion bonds and announced by the Hong Kong Stock Exchange

Used for m88 bonus project investment and once again obtained investment grade rating from three major international authoritative rating agencies

June 25，Greenland m88 bonus successfully issued US billion in senior notes in Hong Kong through its overseas wholly-owned subsidiary "Greenland Global Investment Limited"，For investment in overseas projects，After the State Administration of Foreign Exchange implemented the new cross-border guarantee foreign exchange management regulations on June 1 this year，The first case of directly issuing cross-border guarantees for overseas subsidiaries in accordance with the new regulations。This issuance of long-term bonds at a coupon significantly lower than the market average，Fully reflects the capital market’s high recognition of Greenland m88 bonus’s good development trend and full trust in Greenland’s corporate reputation，And Greenland’s rapidly improving overseas capital market financing capabilities will provide a strong guarantee for its global market expansion。

Of the US billion senior notes issued in this issuance，0 million 5-year bond with coupon rate 4.375%，0 million 10-year bond has a coupon of 5.875%，Both are lower than the bond coupon rates of the same term of other leading domestic companies in the same industry。BOCI、HSBC Bank、JPMorgan Chase and Deutsche Bank serve as joint bookrunners and joint lead managers for this bond issuance。Bonds will be listed on the Hong Kong Stock Exchange。Greenland m88 bonus continues to gain recognition from S&P this year、Fitch、Long-term corporate credit rating BBB assigned by Moody's three major international authoritative rating agencies、BBB-level、Baa3 level，Investment rating outlook is stable。Greenland m88 bonus serves as the debt guarantor through cross-border guarantee，The preliminary rating of the US dollar bond is consistent with the main rating。

Gong Fangxiong, Managing Director of J.P. Morgan China commented，The issuance of long-term bonds by Greenland m88 bonus has been enthusiastically welcomed by investors，It was over-subscribed and significantly lower than the market average and the coupon pricing of bonds of the same term by other leading companies in the industry，Fully reflects the capital market’s influence on Greenland m88 bonus’s industry leadership、High recognition of sustainable development capabilities and profitability，It also reflects Greenland m88 bonus’s strong market competitiveness，The advantage in the ability to obtain low-cost financial resources is increasingly significant。The funds raised will be used to invest in overseas projects，will further provide solid financial guarantee for Greenland m88 bonus to strengthen and expand its overseas business。