China Chengxin Green Finance International Co., Ltd. (CCXGFI) has evaluated Suzhou New District Hi-Tech Industrial Co., Ltd.’s Sustainable Finance Framework and confirmed that it aligns with the Green Bond Principles 2021’ (including June 2022 Appendix 1), ‘Social Bond Principles 2023’, ‘Sustainability Bond Guidelines 2021', ‘Green Loan Principles 2023' and ‘Social Loan Principles 2023’. CCXGFI believes that the four core elements involved in this financing framework are highly aligned with the requirements of these standards, significantly increasing the likelihood of achieving environmental and social benefits.

The Issuer's Sustainable Finance Framework will be used to guide the company in issuing green, sustainable, and social responsibility bonds and loans. The use of funds under this framework includes categories such as green buildings, energy efficiency improvement, circular economy products and technologies, certified eco-efficient products, sustainable water and wastewater management, and sustainable management of biological and land resources. In the social responsibility project category, it includes affordable basic infrastructure and job creation.

Founded in 1990, Suzhou New District Hi-Tech Industrial is a key state-owned enterprise directly under the Suzhou New District Administrative Committee. The company focuses on three main business areas: urban construction, urban services, and industrial parks, while also developing financial services and strategic emerging industries, with a commitment to becoming a leader in emerging industry development and urban development operations.