Green Bond Fact Sheet

Tongling Construction Investment Holding Co.,Ltd.

Date: 30/08/2019

Issue date: 12-07-2019 Maturity date: 12-07-2022 Tenor: 3Issuer Name

Tongling Construction
Investment HoldingCo.,Ltd.

Amount Issued

CNY600m/USD87m

Country of risk

China

CBI Database

Included

Issuer Type1

Government-backedentity

Bond TypeGreen bondGreen Bond Framework

N/A

Second party opinion

Zhongcai Green Financing

Certification Standard

Not certified

Assurance report

N/A

Certification Verifier

N/AGreen bond rating

N/A☐ Energy☐ Solar☐ Onshore wind
☐ Offshore wind
☐ Geothermal☐ Hydro☐ Tidal☐ Biofuels☐ Bioenergy☐ 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
☐ Flood protection☐ 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☐ Waste to energy☐ 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

Tongling Development Investment Group Co. Ltd. offers investment holding services. The
Company invests in infrastructure construction, agricultural products processing, newmaterials development, technology research, and new energy areas. Tongling Development
Investment Group also conducts loans, guarantee, and pawn businesses.

Firsts, records andcertifications
Proceeds description

Climate Bonds viewUnderwriters

According to the limited disclosure from a news release, all proceeds of this bond will be
used to refinance for the project “Xihu District Water Ecological System Improvement
Project”.
Although a specific description on the use of proceeds is not available yet, water ecologicalsystems management and improvement falls into eligible water adaptation category by CBIdefinition. Further analysis will be carried out once more information is available. Tongling
Development Investment Group iss the local government financing vehicle (LGFV) of theTongling city government. We hope to see more LGFVs using green bonds to refinance lowcarbon infrastructure.
Industrial Bank

Deal comments
Credit Rating

AAA (Dagong)

Pricing summary
Investors summary

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