Shanghai JinmaoPartners, as the issuer lawyer of Shanghai Zhangjiang Hi-Tech Park DevelopmentCo., Ltd. ("Zhangjiang Hi-Tech"), advised Zhangjiang Hi-Tech tosuccessfully obtain approval to issue corporate bonds to qualified investorswith a face value of no more than RMB 2.9 billion. In July 2016, ZhangjiangHi-Tech completed its first issuance of 2 billion corporate bonds, with thefinal coupon rate at 2.95%. In October 2016, Zhangjiang Hi-Tech issued thesecond issuance of 0.9 billion, with the final coupon rate at 2.89%, the lowestin history. UBS and CSC acted as the co-leading underwriters.