Capital Markets - Tai’an Financial Holdings Group Limited Company

Haitong Bank, Macau Branch acted as Joint Lead Manager and Joint Bookrunner in in Tai’an Financial Holdings Group Limited Company (“Issuer”) potential USD Bond Issue of USD 27 million, guaranteed by Tai’an Municipality Taishan Finance and Investment Group Co., Ltd. (“Guarantor”). The Tenor is 3 years and the coupon is 6.5%.

The net proceeds from the Bonds are intended to be used for refinancing the existing offshore indebtedness.