Green Bond Fact Sheet

Shanghai Lingang Economic Development

Date: 20-Mar-2018

Issue date:20-Mar-2018 Maturity date: 20-Mar-2022 Tenor: 4Issuer Name

Shanghai Lingang
EconomicDevelopment

Amount Issued

CNY1bn (USD160m)

Country of risk

China

CBI Database

Included

Issuer Type1

Non-financialCorporate

Bond TypeGreen Bond

Green Bond Framework

Link to GB Framework

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☐ 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 annually in thecompany’s green bond report.
Shanghai Lingang Economic Development (Group) Co., Ltd. engages in theinvestment, development, operation, and servicing of industrial parks and areas.
The company was founded in 2003 and is based in Shanghai, China.

Firsts, records andcertifications

Climate Bonds view

Proceeds will be used for the construction of three office buildings at Shanghai
Lingang industrial park, and all three are designed to achieve China Green Building
Evaluation 2-Star Label. The expected environmental and climate impact of thebond includes: avoidance of 2305t of standard coal equivalent per year, watersavings of 2378m3 per year, and use of 425k tons of recycled materials. CCXI
provided an external review.
The China Green Building Evaluation standard rates buildings against a range of
criteria in six categories: land savings and outdoor environment, energy savings,
water savings, materials savings, indoor environmental quality, and operations andmanagement. The standard is administered by the Ministry of Housing and UrbanRural Development and is considered as one of the most widely used green
building rating systems in China. We consider the intended use of proceeds ongreen buildings is aligned with our definition.

Underwriters

Morgan Stanley (Hua Xin)

Proceeds description

Deal comments
Credit Rating

AAA (CCXI)

Pricing summary
Investors summary

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