Translator：Jiang Wenyu

On May 20 this year, National Association of Financial Market Institutional Investors (hereinafter referred to as NAFMII) upgraded the launch of Technological Innovation Note products, which are used to specially support national enterprise technology centers, hi-tech enterprises, "small giants" and other Technological Innovation subjects, with the aim of further expanding the financing channels of Technological Innovation fields, and guiding lower-cost market funds to gather to hi-tech enterprises.

CCCC Shanghai Waterway Bureau made full use of the support policy and formulated the issuance plan of Technological Innovation Notes for the main body category by combining the qualification of high-tech enterprise, national enterprise technology center and the advantages of many scientific research achievements of the company. Landing Law Offices (hereinafter referred to as LANDING), as the special legal counsel of the project, cooperated with all intermediaries and carried forward the spirit of continuous operation, and it took only 10 days from the official launch of the project, preparation of materials, declaration and approval to the successful issuance of the notes, fully escorting the first Technological Innovation Note in Shanghai.

As the special legal counsel of CCCC Shanghai Waterway Bureau for the issue of Technological Innovation Note, LANDING provided professional and efficient legal services for the issue and contributed to the success of the issue. LANDING upholds the concept of "absolute specialization" and will continue to provide professional services to our clients. The lawyers who provided services for this bond issue are Mr. Liu Zhaofu and Mr. Kong Lingsen.