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Green Finance

With the continuous focus on green industry, achieving sustainable growth has become the current global economic development trend. The total scale of onshore and offshore green bond issuance of Chinese issuers in 2019 amounted to RMB 339.1 billion, an increase of 26% from 2018, accounting for approximately 21% of the global green bond issuance during the same period.

In order to implement the green concept and build a green real estate brand, also as an important step in promoting CIFI green finance, CIFI established a green bond framework in April 2020 and received Second-Party Opinion from Sustainalytics, an independent third-party rating agency, Sustainalytics believes that CIFI Holdings is well-positioned to issue green bonds or loans and that the CIFI Green Finance Framework is robust, transparent, and in alignment with the four core components of the Green Bond Principles 2018 and Green Loan Principles 2018.

According to this framework, CIFI will continue to practice the green concept in the future, and plans to invest in qualified green projects through fund raising from green bond or loan financing, including green buildings, clean transportation, energy efficiency, renewable energy, sustainable water management, pollution prevention and control and climate change adaptation measures.

CIFI Group – Green Finance Framework (April 2020)

CIFI Group – Green Finance Framework Second-Party Opinion (April 2020)

July 14, 2020, CIFI issued the first ever green bond and marked another major milestone to demonstrate our dedication in promoting and practicing sustainable development. The green bond was issued with a total amount of US$300 million, 5.25-year tenor and face coupon rate of 5.95%,, 25 basis points lower than the then fair price. The raised funds will be used for the research and development, construction and operation of green projects. Among them, green-related themed investors account for up to 55% of the book, demonstrating that investors recognized CIFI’s effort on sustainable development.