Tongfang's issuance of non-publicly oriented debt financing instruments approved

Tongfang shares announced that, with the approval of the company's second extraordinary shareholders meeting in 2012, the company intends to apply to the Interbank Market Dealers Association to register a quota of 1 billion non-publicly oriented debt financing instruments (hereinafter referred to as "targeting tools").

On November 5, 2012, Tongfang Co., Ltd. received the “Notice of Acceptance of Registration” issued by the China Association of Banking Market Dealers (China Association for the Advance [2012] PPN168), and approved the registration amount of Tongfang’s shares issuance tool is 1 billion yuan. The registration amount is valid for 2 years from the date of issuance of the notice. It is jointly underwritten by China Development Bank Co., Ltd. and China CITIC Bank Co., Ltd. The company can be issued in installments within the validity period of the registration.

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