Corporate, Enterprise Bond Market of Beijing Stock Exchange Starts Trading, and Huadu Zhidu Group Has A Successfully Issuance

On January 15, an opening ceremony was held to celebrate the launch of the corporate, enterprise bond market of Beijing Stock Exchange, to which the Huadu District Government and Zhidu Group were invited.

The establishment of Beijing Stock Exchange as part of the effort to deepen the reform of National Equities Exchange and Quotations, and to build a major platform serving innovative small and medium-sized enterprises is a major decision and plan of the Party Central Committee with Comrade Xi Jinping at its core, and an important task in building a modern capital market with Chinese characteristics. The launch of the corporate, enterprise bond market is an important step taken by the Beijing Stock Exchange to implement the "19 Articles for Deeper Reform", and also a landmark event for the reform and development of the Stock Exchange. This move is of great significance in further broadening direct financing channels, improving the capital market's ability to serve the real economy, and serving the high-quality development of the economy. Three enterprise bonds worth 2.48 billion yuan in total have been issued on the first trading day of the market by Beijing State-Owned Assets Management Co., Ltd, Beijing Infrastructure Investment Co., Ltd, and Guangzhou Zhidu Investment Holding Group Co., Ltd.

Guangzhou Zhidu is a state-owned enterprise based in Huadu District, with a registered capital of 1.3 billion yuan. Covering six major business areas: financial services, urban construction, urban services, new energy, rural revitalization, and cultural tourism, the company is committed to building a comprehensive asset operation platform in Huadu District that integrates equity investment, capital operation, urban development and operation, business incubation, asset integration and industrial investment. Following the decisions and plans of the District Party Committee and District Government, it aims to help the high-quality economic and social development of Huadu District by continuously revitalizing stock assets, optimizing the layout of incremental assets, and stimulating the increase of output value.

The bond issuance of Zhidu Group raised 480 million yuan; 175 million yuan of it will be assigned for the 5G intelligent control soilless cultivation blueberry orchard base project, 167 million yuan for the digital intelligent garden-style high-performance green building materials industrial park project, and 138 million yuan for additional working capital. This bone issuance for the 5G intelligent control soilless cultivation blueberry orchard base project, and the digital intelligent garden-style high-performance green building materials industrial park project is a profound step in implementing the national rural revitalization and green building materials recycling industry development strategy; it plays a good demonstration role for the later bond issuance of related projects and enterprises, and injects new momentum into the development of rural revitalization and green industry.

The successful issuance reflects investors' confidence in the development prospects of Guangzhou Huadu District and Zhidu Group. As a state-owned enterprise in Huadu District, Zhidu Group will continue with greater confidence and more strength in the direction of national strategy, and actively implement the overall ideas of the District Party Committee and the District Government on the reform of state-owned enterprises of the District and their strategic plans for stronger and better state-owned enterprises of the District, so as to make more contribution to drive the high-quality development of Huadu District and national strategic industries.