Supplement 1 to Chapter 2.9

Brief introduction to The Export “Import Bank of China

Approved by the State Council, The Export “Import Bank of China was founded 26 April 1994 and officially opened for business on 1 July of the same year.

A policy-oriented financial institution under the direct leadership of the State Council, the Bank adheres to independent, break-even operating principles and strictly follows the guideline of carrying out management as a business entity.

The main mandate of the bank is to carry out state industrial policy, foreign trade policy and financial policy, to promote the export of Chinese mechanical and electronic products, complete sets of equipment and high and new-tech products, and to enhance overseas economic and technological cooperation and exchanges by means of policy financial support.

The government of the People's Republic of China is the sole owner of the bank. The Ministry of Finance provided exclusively the bank's registered capital of 3.38 billion renminbi.

The bank mainly offers the following business services: export seller's credit , export buyer's credit, foreign exchange guarantees , Chinese Government concessionary loans, the on- lending of foreign government loans, the issuing of financial bonds in domestic markets and debentures in overseas markets (excluding stocks).

As a state-owned policy bank mainly engaged in global business, the Bank has developed broad business relations with international financial organizations and domestic and overseas banks. The Export “Import Bank of China is focused on establishing and strengthening mutual contacts with friends in financial and business circles both at home and abroad in order to develop business cooperation.