Development of Pengyuan Credit Rating Co., Ltd.

1993 With the approval of Shenzhen Special Zone Branch of China People's Bank, Pengyuan was qualified to engage in loan enterprise rating business; 199765438+February, with the approval of the People's Bank of China, Pengyuan became one of the first nine rating agencies in China with the qualification to engage in corporate bond rating business; In September 2007, with the approval of the CSRC, it became one of the first rating agencies to obtain the qualification of credit rating business in the securities market; On September 22, 2008, with the approval of the National Development and Reform Commission, it was qualified to engage in corporate bond rating business, becoming the first rating agency officially approved by the National Development and Reform Commission in China; On June 30th, 2009, 165438+ With the approval of Guiyang Central Sub-branch of the People's Bank of China, Pengyuan obtained the credit rating qualification of Guizhou Credit Market Enterprise; 20 10,10 On March 6th, Pengyuan was approved by Shanghai Branch of People's Bank of China, and obtained the credit rating qualification of enterprises in Shanghai credit market.

At present, Pengyuan's business types include listed company bond rating, convertible bond rating (convertible bonds traded separately), corporate bond rating, loan enterprise rating, listed company governance rating, enterprise credit pre-loan investigation, commercial bank credit rating, bidding rating, SME financing recommendation, personal credit investigation and so on. The overall rating technology of the company has been at the leading level in China.

Pengyuan's self-developed "loan enterprise rating system" won the software copyright certificate issued by China National Copyright Administration, passed the scientific and technological achievements appraisal of Shenzhen Science and Technology Bureau, and won the Shenzhen Science and Technology Progress Award in 2005 and the Shenzhen Financial Innovation Award in 2006.

The "Listed Company Governance Rating System" jointly developed by Pengyuan and Shenzhen Securities Information Co., Ltd. was put into use in Shenzhen Stock Exchange, which is the first corporate governance rating system put into practical use in China. At present, Pengyuan has initially built a "listed company governance rating database" containing the results of all listed companies' governance ratings in Shenzhen and Shanghai. At the same time, Peng Yuan also actively participated in the "Special Activities on Corporate Governance" initiated by China Securities Regulatory Commission, assisted regulators and stock exchanges in training listed companies on corporate governance knowledge, and provided professional support in corporate governance for professional financial media such as Securities Times.

Relying on the company's advantages in corporate credit rating, Pengyuan collected a large amount of data, conducted in-depth field research on the business operation, management level, financial status, historical credit, senior management credit and future development prospects of the target enterprise, investigated the profitability, cash flow and sustainable development ability of the target enterprise by qualitative and quantitative analysis methods, and fully combined with the business and capital needs of the enterprise, formulated a detailed financing plan and recommended it to commercial banks. At present, corporate financing recommendation business has been strongly supported by commercial banks, industry associations and relevant government departments.

Up to now, Pengyuan has completed the credit rating of more than 25,000 industrial and commercial enterprises, and conducted bond credit rating for hundreds of bond issuing enterprises nationwide.