Green Bond Fact Sheet

Sihui Rural Commercial Bank

Date: 17-Apr-2018

Issue date:10-April-2018 Maturity date: 09-April-2021 Tenor: 3Issuer Name

Sihui RuralCommercial Bank

Amount Issued

CNY100m(USD15.93m)

Country of risk

China

CBI Database

Included

Issuer Type1

Financial Corporate

Bond TypeGreen Bond

Green Bond Framework

Link

Second party opinion

N/A

Certification Standard

Not certified

Assurance report

Golden Credit

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 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
☐ 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

Proceed allocation and impact reporting will be disclosed quarterly and annually
Guangdong Sihui Rural Commercial Bank Company Limited operates bankingbusinesses. The Company offers deposits, loans, settlement, investment, wealthmanagement, credit guarantee, and online banking services. Guangdong Sihui Rural
Commercial Bank provides services for enterprises and individuals.

Firsts, records andcertifications
Proceeds description

Funds are to be allocated to 5 waste recycling projects with design recycling
capacities of 1 million tons of waste metal, 2000t of electrical motor, 30m tons ofwaste cable, 1460t of plastic and 4000t of aluminium respectively. The issuer also
intends to finance the purchase of 36 public buses, flood control and air pollutionprevention.

Climate Bonds view

Although we see metro or light rail as preferable to buses for urban transit, theissuer’s detailed disclosure on the intended allocation and expected impact isencouraging. We agree on the positive climate impact that will be delivered by the36 public buses, including providing 4.3m passenger trips and avoiding 4132t coalequivalent and a carbon emissions reduction of 10166t.

Underwriters

Wanlian Securities

Deal comments
Credit Rating

A+ (Golden Credit Rating)

Pricing summary
Investors summary

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