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CHINA CHENGXIN CREDIT RATING GROUP &

CHINA CHENGXIN (ASIA PACIFIC)

CREDIT RATINGS COMPANY LIMITED

23TH MAY 2013

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China Chengxin Credit Rating Group

May 2013

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Table of Content

Founding and Development

Our Reach

The Top Player in the Chinese Credit Rating Market

Hong Kong Operation

We Are The Credit Rating Professionals

Conclusion

Annexes

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Founding and Development

China Chengxin Credit Rating Group: Founder of Credit Rating Industry of China

China Chengxin Credit Rating Group was the first

Chinese nation-wide credit rating agency founded

in 1992

The Group is the largest, most reliable and

prestigious nation-wide credit rating agency of

China

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Founding and Development

The First Licensed Chinese Credit Rating

Agency Operating in Hong Kong

Established China Chengxin (Asia Pacific) Credit

Rating Company in Hong Kong, which received

the License of Providing Credit Rating Services

from Hong Kong Securities & Futures Commission

on 28 June 2012

The first licensed Chinese credit rating agency in

Hong Kong

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Founding and Development

China Chengxin Credit Rating Group:The First

Chinese Credit Rating Agency Partnership

with International Credit Rating Agency

Joint-ventured with Fitch in 1999-2004

Joint-ventured with Moody’s since 2006

Providing fair, objective, reliable rating services to

the Chinese debt issuers in the Chinese domestic

debt market

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Founding and Development

China Chengxin Credit Management Limited: China Chengxin International Credit Rating Company Limited

China Chengxin Security Rating Company Limited

China Chengxin (Asia Pacific) Credit Ratings Company Limited

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China Chengxin Credit Rating Group Structure

Founding and Development

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Our Reach

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Reaching All Major Provinces and Cities

of China China Chengxin Group engaged

in credit rating, financial &

securities consulting, information

services, credit information and

market research.

Operating over 20 regional

branches covering Beijing,

Shanghai, Shenzhen, Fujian,

Wuhan, Shandong, Hebei,

Liaoning, Tianjin, Jiangsu,

Zhejiang, Hunan, Shanxi,

Shaanxi Province, Xiamen,

Qinghai, Hong Kong and other

areas. Employed over 900 staffs.

Our Reach

Covering All Kind of Debt Products

Short-term Commercial Paper

Medium-term Note

Enterprise Bond

Company Bond

Financial Bond

Convertible Bond

Subordinated Debenture

Structure Product

Dim Sum Bond

Hong Kong Dollar and Other Currency Debt

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Our Reach

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Rated over 9,000 corporations in China

Rated half of the Stated-owned Central Enterprises

Rating targets: corporations, banks, insurance

companies, securities companies, fund

management companies, unit-trust investment

companies, financial assets management

companies, guarantee companies, futures &

brokerage companies and financial leasing

companies

Leader in the Chinese Credit Rating

Market

Our Reach

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Many more…

Rated Entities: SOEs

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Rated Entities: Banks

Many more…

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Rated Entities: Insurance Companies

Many more…

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China Vanke

Poly Real Estate

Rated Entities: Corporations

Many more…

The Top Player in the

Chinese Credit Rating

Market

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17

Booming Year 2012 for Chinese Bond

Market

1,033.1 1,029.8 457.1

2,615.5

2009 2010 2011 2012

Amount of Rated Issues in 2009-2012

(RMB Billion)

The Top Player in the Chinese Credit Rating Market

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*Base on issued value included issued short-term notes (2012.1.1-2012.12.31), issued medium-term notes (2012.1.1-2012.12.31) and issued enterprise bonds

(2012.1.1-2012.12.31), issued corporate bonds (2012.1.1-2012.12.31)

來源: 中誠信內部研究

Sources: China Chengxin Internal Research

32.48%

23.85%

25.44%

9.11%

9.06%

0.06%

中誠信 China Chengxin

大公國際 Dagong Int'l

聯合信用管理 Lianhe Credit

上海新世紀 Shanghai Brilliance

鵬元資信 Pengyuan Credit

其他 Others

Capturing the Largest Market Share

The Top Player in the Chinese Credit Rating Market

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Hong Kong Operation

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Established in June 2012, responding to the

Chinese Central Government’s policy of

internationalization of RMB and making Hong

Kong the major offshore RMB center

Providing credit rating services to Chinese, Hong

Kong and foreign debt issuers in the international

market

China Chengxin (Asia Pacific) Credit

Ratings Company Limited

Hong Kong Operation

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We Are The Credit Rating

Professionals

Dr. Mao is the pioneer of the Chinese credit

rating industry

Dr. Mao is the founder of China Chengxin

Group, current Co-Director of Institute of

Economic Research of Renmin University of

China, founder the Chinese CEO Forum and

Vice Chairman of China Private Sector Economic

Research Centre

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Our Founder - Dr. Mao Zhenhua

We Are the Credit Rating Professionals

We have hundreds of well educated and experienced credit rating professionals

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39%

33%

22%

4% 2%

Bachelor Degree

Master's Degree

Diploma

Others

Over 70% of credit analysts

holds Bachelor’s Degree,

Master’s Degree, Doctoral

Degree

We Are the Credit Rating Professionals

We are the Credit Rating Professionals

Philip LI - Managing Director

Former Senior Vice President (Finance) of Hong Kong Mortgage Corporation Limited,

Global debt capital markets head of IBJ Asia Limited and Chairman of the Hong Kong

Capital Markets Association. Holder of Bachelor’s Degree in Sociology (CUHK).

Han Sufei – Executive Director

Former deputy head of credit department of Ningbo Branch of China Development

Bank. Holder of Bachelor’s Degree in Finance (Nanjing Economic College) and

Master’s Degree in Finance (Xiamen University). Qualified accountant and economist.

Zhang Guo – Director of Credit Rating

Joined China Chengxin Credit Rating Group in 2002 after receiving her Bachelor’s

Degree in Finance and MBA degree from Zhongnan University of Economics and Law.

Since 2010, she has been Director of Credit Rating in China Chengxin, Shenzhen.

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Credit Rating Professionals - Hong Kong

We Are the Credit Rating Professionals

Mike LAI - Director

Director of China Chengxin (Asia Pacific) Credit Ratings Limited and Independent Non-

Executive Director of Fintronics Holdings Co Ltd, former Managing Director of Calyon,

Executive Director of Manufacturers Hanover Asia and Head of Hong Kong Bond

Business of BNP Paribas. He is also the co-founder of Oakreed Financial Services

Limited. Holder of Master’s Degree in History (CUHK)

Carter LIU – Manager

Former Project Team Head with Dun & Bradstreet Hong Kong for seven years, in

charge of the customized project team. Holder of Bachelor’s Degree in Economics and

Master’s Degree in System Engineering & Engineering Management (CUHK)

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Credit Rating Professionals - Hong Kong

We Are the Credit Rating Professionals

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Conclusion

Getting a credit rating from China Chengxin will

likely enjoy:

A wider investor recognition particular from the

Chinese investing community

Saving in funding cost

Better publicity in Mainland China

Annexes

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Major Clients and Partners

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Annexes

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China Chengxin (Asia Pacific) Credit Ratings Company Limited

中國誠信（亞太）信用評級有限公司 Address：12/F, 122 Queen’s Road C, Central, Hong Kong Tel ：852 – 2868 0397 Fax ：852 – 2868 0656 Website: http://www.ccxap.com 地址：香港中環皇后大道中122號12樓 電話：852 – 2868 0397 傳真：852 – 2868 0656 網頁：http://www.ccxap.com

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