December 19, 2013, Qingyuan Transportation Construction & Development Company successfully issued CNY 100 million 7-year 8.2% enterprise bonds.

Qingyuan Transportation Construction & Development Company undertakes the operation of the annual ticket program in road loan repayment by Qingyuan municipal government and the maintenance, conservation and administration of the related roads and bridges under the authorization of Qingyuan municipal government.

Jingtian & Gongcheng acted as the issuer’s legal counsel.