On 6 August 2019, Guizhou Railway Investment Co., Ltd. (“Guizhou Railway Investment”) successfully issued its 1^st interim notes.

According to the Notice on Acceptance of Registration issued by National Association of Financial Market Institutional Investors (MTN400/2019), the registered value of the interim notes issued by Guizhou Railway Investment is RMB 3 billion with a term of 2 years, co-underwritten by China Construction Bank Corporation and China International Capital Corporation.

Grandall Guiyang Office has been retained as the legal counsel of Guizhou Railway Investment with Mr. YANG Bo, Mr. LUO Shengtong and Ms. LIAO Zhihui serving the project.