GTJAI Boosted Two SOEs in Green Bond Issuances

HONG KONG–(BUSINESS WIRE)–Guotai Junan International Holdings Limited (“GTJAI”, the “Company” or the “Group”, Stock Code: 1788.HK) announced that the Company has assisted Zhuzhou City Construction Development Group Co., Ltd. (�Zhuzhou City Construction Development Group”) and Hangzhou Water Group Co., Ltd. (“Hangzhou Water Group”) in successfully issuing green bonds, demonstrating its great strength in sustainable finance.

On 24 March, GTJAI served as the exclusive green structuring advisor, joint global coordinator, joint bookrunner and joint lead manager assisting Zhuzhou City Construction Development Group to successfully issue 3-year US$400 million senior fixed-rate green bonds. This issuance is the first offshore green bond issued by a state-owned enterprise in Hunan Province.

On 23 March, GTJAI, as joint green structuring advisor and joint global coordinator, assisted Hangzhou Water Group successfully in issuing 3-year US$300 million offshore senior fixed-rate green bonds. The issuance was the first time Hangzhou Water Group debuted in the overseas capital market and set a record for the narrowest credit spread among state-owned enterprises recently. And Hangzhou Water Group also became the first Hangzhou state-owned enterprise with a Moody’s rating, the highest international rating in the water industry in China.

Green bond business is one of the key elements of GTJAI to practice sustainable finance and ESG. The Group actively responded to the managing philosophy of the parent company Guotai Junan Securities – “Finance for the Good” and “Finance for the People”, by guiding global capital allocation to high-quality, sustainable Chinese enterprises through businesses such as investment banking, asset management and private equity, to meet the needs of corporate and institutional clients to transform to low-carbon and sustainable development. In 2021, the total funds raised in the underwriting projects of green and sustainability bonds reached HK$70.1 billion, representing an increase of 271% YOY and a record high.

About GTJAI

Guotai Junan International (“GTJAI”, Stock Code: 1788.HK) is the market leader and first mover for internationalization of Chinese Securities Company as well as the first Chinese securities broker listed on the Main Board of The Hong Kong Stock Exchange through initial public offering. It has also been included in FTSE4Good Index by London Stock Exchange of the United Kingdom. Based in Hong Kong, GTJAI provides diversified integrated financial services. Core business includes seven categories of brokerage, corporate finance, asset management, loans and financing, financial products, market making and investments, which cover three dimensions including individual finance (wealth management), institutional finance (institutional investor services and corporate finance service) and investment management. GTJAI has been assigned “Baa2” and “BBB+” long term issuer rating from Moody and Standard & Poor respectively. The controlling shareholder, Guotai Junan Securities Company Limited (Stock Code: 601211.SH; 2611.HK), is the comprehensive financial provider with a long-term, sustainable and overall leading position in the Chinese securities industry. For more information about GTJAI, please visit https://www.gtjai.com

Contacts

Jason Yan, CFA

jason.yan@gtjas.com.hk
+852 2509 5487

Mia Wu

mia.wu@gtjas.com.hk
+852 2509 2138