North China Stock Exchange: The Exchange will temporarily waive the initial listing fee and annual listing fee for private placement of corporate bonds.

In order to regulate the listing and information disclosure of non-publicly issued corporate bonds, protect the legitimate rights and interests of investors, the Beijing Stock Exchange has formulated the "Beijing Stock Exchange Rules for Listing of Non-publicly Issued Corporate Bonds". With the approval of the China Securities Regulatory Commission, it is now issued and will be implemented from the date of issuance. The Exchange temporarily waives the initial listing fee and annual listing fee for non-publicly issued corporate bonds.