Green Bond Fact Sheet

Zhuhai Huafa Comprehensive Development

Date: 30-March-2018

Issue date: 30-March-2018 Maturity date: 30-March-2023 Tenor: 5Issuer Name

Zhuhai Huafa
ComprehensiveDevelopment

Amount Issued

CNY1bn(USD159m)

Country of risk

China

CBI Database

Included

Issuer Type1

Non-financialCorporate

Bond TypeGreen Bond

Green Bond Framework

Link

Second party opinion

N/A

Certification Standard

Not certified

Assurance report

Lianhe Equator(report not available)

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

Proceed allocation and impact reporting will be disclosed quarterly and annuallyZhuhai Huafa Comprehensive Development Co., Ltd. offers property management,investment, municipal engineering services, and afforestation engineering, etc.

Firsts, records andcertifications
Proceeds description

Climate Bonds view

Underwriters

94% of proceeds will be used to finance and refinance a commercial building
located in the coastal city of Zhuahai. It has received the China Green Building
Evaluation Standard 2-Star certification. The other 6% will be used to build anurban wetland park, which is designed to absorb excess rainfalls during storms andreduce flooding in cities.
In China, 30 cities have signed up to the Sponge Cities Initiative which aims toensure that 80% of each city features enough wetlands to absorb 70% of storm
water runoff by 2030. With the massive scale of urbanisation happening in China,
municipalities need to take climate resilience into consideration for new urban
infrastructure at design stage. We hope to see more green bonds issued by theChina’s local government, water authority, or state-owned enterprise in the future.
Huajin Securities

Deal comments
Credit Rating

AAA (Lianhe Credit Rating)

Pricing summary
Investors summary

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