Legal basis: Code of Corporate Bond Underwriting Article 1 This Code is formulated in accordance with the Measures for the Administration of Corporate Bond Issuance and Trading and other relevant laws, regulations, normative documents and self-discipline rules in order to regulate the underwriting of corporate bonds by underwriting institutions, protect the legitimate rights and interests of investors and promote the healthy development of the corporate bond market. Article 2 When an underwriting institution underwrites domestic corporate bonds, these Rules shall apply to its business activities such as project undertaking, issuance application, promotion, pricing, placing and information disclosure. After the issuance of corporate bonds, the trustee shall continue to perform the entrusted management duties in accordance with relevant regulations. Article 3 The China Securities Association (hereinafter referred to as the Association) shall exercise self-discipline management over the underwriting of corporate bonds by underwriting institutions. Article 4 An underwriting institution shall establish and improve the underwriting business system and decision-making mechanism, formulate risk management system and internal control system, strengthen the management of pricing and placing process, and implement underwriting responsibilities.