As at the end of June 2019, the Iss

As at the end of June 2019, the Issuer has made debt investments in over 20 projects by way of entrusted loan and trust; in terms of expected investment return,28.57 per cent of projects have the rate of return of below 7 per cent,17.86 per cent of projects have the rate of return of 7-8 per cent and 32.14 per cent of projects have the rate of return of over 8 per cent; in terms of investment period, the investment period of 67.86 per cent of projects is below 1 year, the investment period of 17.86 percent of projects is between 1 and 2 years, the investment period of 7.14 per cent of projects is between 2 and 3 years and the investment period of 7.14 per cent of projects is above 3 year. As at the end of June 2019, debt investment made by the Group totals RMB 2.25 billion and the investment gains total RMB 230 million.