Translator：Jiang Wenyu

On April 2, 2022, Shanghai Landing Law Offices (hereinafter referred to as "Landing"), as the special legal advisor, assisted Gansu Construction Investment (Holding) Group Co., Ltd. (hereinafter referred to as "Gansu Construction Investment ") successfully issue the first phase of 2022 debt financing plan in Beijing Financial Asset Exchange Co., Ltd., with an issue amount of 300 million yuan. Industrial Bank Co., Ltd. is the lead underwriter of the financing.

Zhang Weilin and Zhao Jie provided full legal services for the project, including legal due diligence and issuance of legal opinions, etc., which were jointly completed by the Shanghai and Lanzhou offices.

Introduction of Gansu Construction Investment

Founded in 1953, Gansu Construction Investment (Holdings) Group Co., Ltd is one of the top 500 enterprises in China, one of the top 250 international contractors in the world, one of the top 80 contractors in China and one of the top 100 competitive enterprises in China's construction industry. Gansu Construction Investment has been awarded 18 Luban Prizes and two Zhan Tianyou Prizes, and firmly occupies the position of leader in the construction industry in Gansu Province. Gansu Construction Investment has more than ten first-class qualifications, such as general contracting qualification for housing construction, and more than ten first-class qualifications for housing construction, municipal public utilities, electromechanical installation, steel structure engineering, building renovation and decoration engineering, nuclear engineering, earthwork engineering, lifting equipment installation, etc., and it has the right of foreign operation and import and export operation. It has more than 50 wholly owned subsidiaries, 12,000 professional and technical personnel, and a total of 12 experts enjoying special government allowances. It has been approved as National Enterprise Technology Center, National Intellectual Property Advantageous Enterprise, National Assembly Building Industry Base, National Experimental Demonstration Base for Desertification Prevention and Control (Mechanical Sand Control Project), and National High-tech Enterprise.

Over the past sixty years, Gansu Construction Investment has undertaken a large number of national, provincial and municipal key projects and social landmark projects, making outstanding contributions to the national social and economic development. At present, it has created seven economic sectors including construction and safety, real estate, industrial equipment manufacturing, overseas business, investment and financing and science and technology research and development, and modern service industry, and specialized sectors such as municipal roads and bridges, water conservancy and hydropower, steel structure, commercial concrete, sand and gravel materials, survey and design, technical consulting, construction research, bulk materials, logistics and trade, and construction labor services, forming a multilevel industrial structure.

In recent years, Gansu Construction Investment has actively implemented the new development concept, serving the national development strategy and the social and economic development of the whole province. It has led the industry development and practiced the integrated development model of investment and financing, and the integration of industry and urban development. Gansu Construction Investment has fully utilized its significant advantages in investment and financing, project operation, scientific research and development, and technological innovation. It has signed strategic cooperation agreements with various cities and prefectures in Gansu Province, innovated mechanisms in regional cooperation, and invested in and constructed a large number of key projects involving urban and rural infrastructure construction, industrialized construction, equipment manufacturing, Yellow River basin management, green environmental protection, building materials and mining, cultural tourism, and hotels. This has firmly established the brand image of Gansu Construction Investment and expanded its influence. Domestically, it has focused on the construction of city clusters in Beijing-Tianjin-Hebei, Guangdong-Hong Kong-Macao, Yangtze River Delta, Chengdu-Chongqing, and Guanzhong-Tianshui. It has actively expanded its business to the first- and second-tier cities, such as Shanghai, Shenzhen, Tianjin, Hangzhou, Chengdu, Chongqing, Xi'an, and Wuxi. The "Baili" series of real estate development projects have formed a good brand effect.

Gansu Construction Investment was formally restructured and renamed on June 18, 2020, and became one of the first batch of pilot units of state-owned capital investment companies in Gansu Province to serve the development strategy of Gansu Province, optimize the layout of state-owned capital, and enhance the competitiveness of the industry. This restructuring marks the gorgeous transformation of Gansu Construction Investment into a capital investor, truly becoming the largest investor in the field of infrastructure in Gansu Province, a leader in the construction industry, an explorer of overseas business, and an explorer of new business models. With "investment" as the guide and "construction" as the foundation, the company is committed to the integrated development of investment, construction, financing, and management, continuously advancing on the path of high-quality development.