On 17 January, 2023, the Company successfully issued 3.5-year U.S.$400 million 5.95% sustainability-linked bonds in compliance with Regulation S in the international bond capital market.

       This issuance is another important milestone of the Company in the capital market. Citi and BNP Paribas are acting as joint global coordinators, and BNP Paribas, Citi, Crédit Agricole and UBS are acting as the joint bookrunners and joint lead managers of the issuance.

       On 4 January, 2023, the Company announced its online roadshow presentations.   Senior management of the Company's conducted more than 15 deal roadshow meetings with approximately 200 investors on 5 and 6 January. The issuance was highly recognized by investors, attracted a large number of high-quality international investors, and was oversubscribed by almost 5 times.

        This deal also makes a number of industry records: the first U.S. dollar sustainability-linked bonds for the technology manufacturing industry in Asia，and the first sustainability-linked U.S. dollar bonds by a Chinese enterprise.

       The Company has adopted the greenhouse gas (“GHG”) reduction target as the Sustainability Performance Target(“SPT”) for the sustainability-linked bonds, namely a 20% reduction of Scope 1 and 2 GHG emissions intensity by the year of 2025 versus a baseline of the year of 2021. The issuance of the sustainability-linked bonds reflects the Company's commitment and determination to reduce GHG emissions, which will help the Company to achieve its dual carbon goals in a planned and targeted manner and further improve its sustainability capabilities.