Capital Markets / Fixed Income - Yanan New Area Investment Development (Group) Co. Ltd.

Haitong Bank acted as Joint Lead Manager and Joint Bookrunner of Yanan New Area Investment Development (Group)  Co. Ltd.’s US$100m bond issue, with a coupon of 5% and a 1-year tenor.

The Group is an integrated urban management and operation platform under the Yan´an Municipal Government and is wholly owned by Yan´an SASAC, which is under the direct administration of the Yan´an Municipal Government. The Group plays a crucial role in the development of Yan´an, a prefecture-level city in the Shanbei region of Shaanxi province in the PRC.