Green Bond Fact SheetBank of Guiyang

Date: 31-Dec-2018

Issue date:31-Aug-2018 Maturity date: 31-Aug-2021 Tenor: 3Issuer NameBank of Guiyang

Amount Issued

CNY5bn (USD731.9m)

Country of risk

China

CBI Database

Included

Issuer Type1

Financial Corporate

Bond TypeGreen Bond

Green Bond Framework

N/A

Second party opinion

Lianhe Equator

Certification Standard

N/A

Assurance report

N/A

Certification Verifier

N/AGreen bond rating

N/A☒ Energy☐ Solar☐ Onshore wind
☐ Offshore wind
☐ Geothermal☒ Hydro☐ Tidal☐ Biofuels☐ Bioenergy☐ Waste to energy☐ District heating☐ Electricity grid

☐ Energy storage☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Buildings☐ Certified Buildings☐ HVAC systems☐ Energyperformance☐ Water performance☐ Energy storage/meters☐ Other energy related☐ Industry: components☐ Adaptation & resilience☐ Transport☐ Electric vehicles☐ Low emission
vehicles☐ Bus rapid transit☐ Passenger trains☐ Urban rail

☐ Freight rolling stock☐ Coach / public bus☐ Bicycle infrastructure☐ Energy performance☐ Transport logistics☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☒ Water & wastewater☒ Water distribution☒ Water treatment☒ Wastewatertreatment☒ Water storage☐ Storm water mgmt
☐ Desalinisation plants☐ Erosion control☐ Energy performance☒ Infrastructure☐ Industry: components☒ Adaptation & resilience

Use of Proceeds☒ Waste management☒ Recycling☒ Waste prevention☒ Pollution control☐ Landfill, energy capture☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Land use & agriculture☐ Afforestation/parks☐ FSC Forestry☐ FSC Cellulose &paper☐ Land remediation☐ Energy/water efficiency☐ Sustainable agriculture☐ Adaptation & resilience☐ Other☐ Adaptation &resilience☐ ICT☐ Industry: process

Issue details
ReportingCompany information

The issuer promises to disclose the use of proceeds.
Bank of Guiyang Co., Ltd. provides various financial and banking products andservices to personal, small and medium, and international businesses in China.

Firsts, records andcertifications
Proceeds description

All proceeds will be allocated to three categories that are eligible under PBoC’s
green bond catalogue: (1) pollution prevention, (2) ecological protection andadaptation, and (3) resource conservation and recycling. All projects to be financed
are expected to deliver climate and environmental benefits, such as reduction ofchemical oxygen demand (COD) by 27000t/a, SOx emission reduction by 2.91t/a,etc. Sample projects include the construction of two sewage plants and supporting
infrastructure, a project that aims to enhance wetland protection and restoration,
and a hydropower project that will also provide irrigation and drinking watersupply for the surrounding areas.

Climate Bonds viewThinking around hydropower has evolved and the Climate Bonds Taxonomy
published in September 2018 now identifies a power generation metric andcontroversies as aspects to consider in assessing bonds which finance hydropowergeneration. This deal has been included, as the hydro project falls under the
ecological protection and adaptation category, and includes works such as
drainage cleaning and flood control. Further, the hydroelectric power generation
forms is a relatively small component and only utilises surplus water released fromthe reservoir. However, proceeds will be used for resettlement, indicating potential
controversies, so we will keep tracking the quarterly green bond report.

Underwriters

GTJA

Deal comments
Credit Rating
Pricing summary
Investors summary

AAA (Lianhe)1Issuer categories: ABS, development bank, financial corporate, government-backed entity, loan, local government, non-financial
corporate, sovereign