Capital Markets - Junfeng International Co., Ltd.

Haitong Bank, Macau Branch acted as Joint Global Coordinator, Joint Lead Manager and Joint Bookrunner in Junfeng International Company Limited. USD270 million bond issue with Keepwell Deed by Yantai Guofeng Investment Holdings Group Co., Ltd.. The Tenor is 3 years and the coupon is 5.6%.

The net proceeds from the Bonds are intended to be used for refinancing the existing offshore indebtedness, offshore projects investment and working capital replenishment.