Recently, reviewed jointly by Ministry ofCommerce of the People’s Republic of China and China Export & CreditInsurance Corporation organized by China International Contractors Association,SEPCO2 is successfully rated as thehighest AAA credit grade of foreign contracted enterprise.

Enterprise’s credit grade is an importantassessment for foreign contract engineering enterprise credit status, which is focused onthe comprehensive evaluation of enterprises business overseas. Credit ratingstandards are divided into A, B, C, which are composed of AAA, AA, A, BBB, BB,B, CCC, CC, C, wherein AAA is the highest grade. Enterprises credit grade hasbecome an important proof in ability and level for enterprises overseasbusiness, and which is increasingly received attention and application bygovernments, financial institutions, overseas owners and other related aspects.

The AAA grade credit enterprise will be strongly recommended to the domesticand foreign governments, financial institutions and other departments byContractors Association, which will enjoy preferential access to the projectopportunities and related preferential policies of the state support,meanwhile, help the enterprises to improve the credit management level and abilityto resist risks in foreign project contracting process, and provide thesupport for the rapid development of overseas business.