Guangdong Holdings Limited (“GD Holdings”) recently successfully issued via SZSE the special corporate bonds that serve the Guangdong-Hong Kong-Macao Greater Bay Area, to raise funds to support the construction of the Dongguan Yuehai Yinping Cooperative Innovation Zone project. It is an important initiative of the SZSE bond market to serve the construction of key projects in the city cluster of the Guangdong-Hong Kong-Macao Greater Bay Area and promote the cooperation among Guangzhou, Shenzhen and Dongguan in capital market innovation, and it has given full play to the strengths of integrated resources within the Greater Bay Area such as capital market, quality enterprises, innovation projects and intermediaries to assist the high-quality development of the Greater Bay Area.

GD Holdings, one of the first pilot enterprises of the reform of state-owned capital investment companies in Guangdong Province and a pilot enterprise of the “Top 100 Central Enterprise Subsidiaries and Top 100 Local Key State-owned Enterprises” reform, has formed the “3+1” core business layout with water service and water environment treatment industry, urban complex industry and industry park and manufacturing industry as the core and industrial finance as the support. In the offering, the special corporate bonds, named “19 GD Holdings 02” for short, have an issuing scale of CNY600 million, with a duration of 10 years and a nominal interest rate of 4.4%. All of the funds raised will be invested in Dongguan Yuehai Yinping Cooperative Innovation Zone to build a quality industrial development platform in the Greater Bay Area, serve six major industries including robotic industry, new energy industry, new materials and high-end medical apparatus and instrument industry, give full play to the role of central cities in the Greater Bay Area as engines of development, assist Dongguan in building itself into an important node city and improve the city cluster and town development system of the Greater Bay Area.

SZSE has actively implemented the guiding principles of General Secretary Xi Jinping’s important speech during his inspection visit to Guangdong and the outline of the development plan for the Guangdong-Hong Kong-Macao Greater Bay Area, continued to promote innovation in fixed-income products and supported the Greater Bay Area in building a modern industrial system with international competitiveness. SZSE will continue to give full play to its function as a multi-tiered capital market platform and strength of innovation capital formation according to the unified arrangement of the China Securities Regulatory Commission, enhance direct financing capability, improve basic system, continue to enrich the supply of fixed-income products, enhance services for technological innovation, strive to build a capital market ecosystem that matches the demonstration pilot zone of socialism with Chinese characteristics, assist in regional industry optimization and upgrading and spare no effort to serve the construction of the Guangdong-Hong Kong-Macao Greater Bay Area.