Green Bond Fact SheetGreat Wall Guosing Financial Leasing Co Ltd

Date: 31/08/2020

Issue date: 24-08-2020 Maturity date: 24-08-2023 Tenor: 3Issuer nameGreat Wall Guosing
Financial Leasing CoLtd

Amount issued

CNY1bnCountry of risk

China

CBI Database

Included

Issuer type1

Government-Backed
EntityBond type

N/A

Green bond framework

N/A

Second party opinion

CCXI

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 emissionvehicles☐ 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

Regular disclosure of the use of proceeds and environmental impact when the bond isoutstanding.
Owned by state-owned non-bank financial institution China Great Wall Asset Management
Co., Ltd., Great Wall Guosing Financial Leasing provides direct leasing, sale and leaseback
financing transfer and other financing leasing services. Based in XinJian Province, GreatWall Guosing Financial Leasing has total asset of CNY 53bn and has served over 500 clientsthat are mainly SMEs.

Firsts, records andcertifications
Proceeds description

Proceeds to be allocated to eligible assets in the Chinese green bond catalogue. Morespecifically, proceeds will fund 1 wind farm project and 3 solar energy projects.

Climate Bonds view

This is the second green bond by Great Wall Guosing Financial Leasing Co Ltd and is the firstone included in the CBI database. This green bond offers fresh evidence of popularity ofgreen bond in China as it was 2.88x oversubscribed. Compared to the issuer’s 2019 green
bond with coupon rate of 4.05%, this green bond offers a lower coupon, which reflects
lower interest rate by PBoC and potential pricing benefits of green bonds.

Underwriters
Deal comments
Credit rating

AAA ( China Chengxin Credit Rating Group)

Pricing summary•Coupon: 3.65%

Investors summary

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