Translator：Wang Yichun

On August 26th, CCCC Second Highway Engineering Co., Ltd. (hereinafter referred to as "the Company") successfully issued its third tranche for ultra-short-term financing bond of 2022 in the inter-bank bond market. The bond, with a registered amount of 5 billion yuan and an issuance amount of 500 million yuan, was primarily underwritten by the Agricultural Bank of China. The bond has a term of 120 days and a face interest rate of 1.55%.

Established in the historic city of Xi'an in 1964, the Company is a wholly-owned subsidiary of China Communications Construction Company Limited (CCCC), a Fortune 500 enterprise. With a registered capital of 4.069 billion yuan, the Company's operations span across various sectors of transportation infrastructure construction, including engineering construction, design, consulting, supervision, and investment. Its projects extend across 28 countries in Asia, Europe, Africa, and the Americas. The Company boasts a national technology center, a comprehensive Class A laboratory, a professional engineering research center, and possesses 4 super-grade qualifications for general contracting of highway engineering construction, 4 first-grade qualifications for general contracting of highway engineering construction, 5 first-grade qualifications for general contracting of municipal public works construction, 1 first-grade qualification for general contracting of construction engineering construction, 1 first-grade qualification for general contracting of mechanical and electrical engineering construction, and holds over 140 professional and special contracting qualifications.

Over the past five decades, the Company has primarily undertaken "high, innovated, special, and difficult" road and bridge projects. It has constructed a significant number of world-leading cross-river, cross-sea, and cross-canyon mega bridges, including the world-renowned Hong Kong-Zhuhai-Macao Bridge, the Sutong Yangtze River Highway Bridge with the world's largest span, the Zhoushan Xihoumen Bridge, the second-largest span suspension bridge in the world, and the Runyang Yangtze River Highway Bridge, the third-largest of its kind. The Company has also been involved in the construction of numerous national large-scale expressway key projects, represented by the Shanghai-Nanjing Expressway and its expansion project, Beijing-Xinjiang Expressway Linbai Section, Hanji Section, Hunan Dayue Expressway, Hubei Shanghai-Chengdu West Expressway, Shaanxi Xihan Expressway, among others.

As the dedicated legal advisor for the issuance of the Company's ultra-short-term financing bonds, Landing provided comprehensive, efficient legal services, contributing significantly to the successful issuance. Upholding the philosophy of "Specialized Services," Landing Law Offices will continue to deliver professional services to its clients. The legal team for this bond issuance included Liu Zhaofu and Hao Yanni.