2015年贵州东湖新城市建设投资有限公司

2015 年贵州东湖新城市建设投资有限公司公司债券募集说明书 1

2015 15 8 7 Shibor 2.65%Shibor 5 (www.shibor.org) Shibor(1Y) ) 3 4 5 6 7 20% 20% 20% 20% 20% 100 2

( ) 3 20% 20% 20% 20% 20% AA AA+ 2,777.10 33.09 3

... 1... 5... 8... 9... 13... 16...17...1 8... 20... 21... 29... 47... 65... 66... 86... 106... 112... 114... 117... 118 4

8 2015 2015 2015 2015 2015 2015 5

6

7

]2718 8

01 01 01 01 13708590859 0859-6200333 562300 216 26 C 3A 010-63214626 010-63214639 100033 1 7 8 7 0755-82520746 9

0755-23982961 518026 2015 年贵州东湖新城市建设投资有限公司公司债券募集说明书 2 177 B 17 1000 8 031 021-68416988-225 021-69416608 200210 10 10 010-88170738 010-66168715 100032 1 15 67 A 1805 025-83516451 10

025-83248770 210009 2015 年贵州东湖新城市建设投资有限公司公司债券募集说明书 7008 3 7008 3 0755-82873175 0755-82872338 518040 0859-6214567 0859-6214567 562300 / 13595960678 11

0859-6318113 562300 2015 年贵州东湖新城市建设投资有限公司公司债券募集说明书 12

2015 15 8 7 Shibor 2.65%Shibor 5 (www.shibor.org) Shibor(1Y) ) 3 4 5 6 7 20% 20% 20% 20% 20% 100 1,000 1,000 1,000 13

( ) 2016 1 8 201 6 1 5 2016 1 6 1 6 2016 1 6 2023 1 5 3 20% 20% 20% 20% 20% 2017 2023 1 6 ( 1 ) 14

3 2019 2023 1 6 ( 1 ) / 2,777.10 33.09 AA AA+ 1 15

www.chinabond.com.cn

17

18

19

2017 2023 1 6 1 3 2019 2023 20% 20% 20% 20% 20% 2019 2023 1 6 1 20

2015 年贵州东湖新城市建设投资有限公司公司债券募集说明书 01 01 10,200.00 ; (, ) 2014 12 31 587,983.32 128,535.71 459,447.61 2014 65,188.36 19,210.77 16,889.62 2011 7 [2011]13 21

2011 12 1 200 2011 11 10 2011] 2-07 2011 12 15 [2011]98 3,000 3,200 2011 12 12 [ 2011] 2-12 2013 5 23 [2013 ]93 2013 0054 7,000 10,200 2013 5 22 (2013) 152 2014 12 18 [ 2014]224 [2014] 100% 100% 22

1 5 3 1 2 3 4 5 6 7 8 9 10 11 23

12 13 2 5 2 3 1 2 3 4 5 3 1 2 3 4 5 6 7 8 24

9 10 11 12 13 14 2014 12 31 25

8-1 2014 12 31 1964 26

1967 1966 1970 1967 1964 1963 1963 1978 1969 27

1975 1977 1967 28

3 16,804 7 2014 351.87 281.12 41 21 196 500 1,500 44.71% 3,913 Ⅰ Ⅱ 303 20 1,800 1,000 29

2015 年贵州东湖新城市建设投资有限公司公司债券募集说明书 (AA ) 1 7 4 12 2 5 25 1,785 54.16 200 30 51 200 25 324 320 214 215 ( ) ( ) ( ) ( ) ( ) ( ) 1,091 2014 2013 2012 9-1 2012-2014 670.96 558.91 462.30 14.6% 15.50% 15.40% 143.66 126.31 103.45 30

2015 年贵州东湖新城市建设投资有限公司公司债券募集说明书 13.74% 20.70% 26.90% 91.28 77.20 61.07 15.8% 17.40% 17.00% 21.08 20.78 16.60 1.44% 24.38% 30.70% 2012-2014 2012-2014 2012-2014 2012-2014 2014 670.96 14.6% 113.42 6.6% 240.55 16.0% 316.99 16.1% 23,821 2014 143.66 13.7% 94.50 16.1% 236.90 12.9% 2014 224.65 14.1% 18.41 12.2% 206.24 14.7% 476.61 12.1% 19.74 88.2% 50 786.31 31.0% 16,296 683.2% 10,069.81 39.4% 1,526.68 31

24.7% 112.01 25.1% 2014 GDP 91.28 14.08 15.8% 14.52 7.6% 36.87 16.8% 39.88 16.4% 15.9 40.4 43.7 21.08 1.44% 11.14 10.4% 31.36 14.59% 1 2 3 4 5 6 32

2015 750 590 105 58 78.5% 14% 7.5% 1 33

21 30 20% 2014 54.77% 2013 1.04 GDP 70% GDP 8%-9% 1 1,400 3,360 GDP 2005-2020 14.5 8.1-8.4 56%-58% 34

7 2012 7 15 2012 12 15 2013 6 7.49, 0.18 54.77% 35

2 302 13,423 183 36

2,610 36.21 35.5 20.6% 30% - 2020 400 2015 2014 ; 1,602 37

34.07 1 2007 2008 3 2010 1 38

70% 2014 2014 700 470 480 1,140 360 3,600 20% 9-2 2011-2014 2011 1,000 2012 700 2013 630 2014 700 2011-2014 2 20124.49 4,603 2013 39

40 3.68 2014.07 200720131.3 1.17 1.04 2015 52,700 18,533 34,16 2012 7282013 3,570 2014 6,700 4,800 1,9002014

1 2015 2.0% ( ) 2020 2015 ( )( ) ( ) ( 41

42 ) 2 3 4

5 1 2 43

1 2012-2014 26,365.65 50,973.04 65,186.51 2014 11 5,837.53 2014 12 13,885.61 2015 4 30,343.00 9-3 2012-2014 2014 2013 2012 65,186.51 100.00% 50,973.04 99.94% 26,365.65 100.00% 1.84 0.00% 30.32 0.06% 0.00 0.00% 65,188.35 100.00% 51,003.36 100.00% 26,365.65 100.00% 2 2013 84,916.94 2013 2014 105,272.12 44

2014 2015 15,639.21 2015 2015 4 30 36,198.77 1 2 45

3 46

2012-2014 [2015]JS2000040 10-1 2014 2013 2012 587,983.32 494,350.16 403,492.17 573,324.50 479,466.84 403,243.00 14,658.82 14,883.32 249.17 128,535.71 53,363.17 16,465.82 94,635.71 43,363.17 16,465.82 33,900.00 10,000.00 0.00 459,447.61 440,987.00 387,026.35 47

10-2 2014 2013 2012 65,188.36 51,003.36 26,365.65 54,322.61 42,492.90 21,963.40 9,277.82 7,254.64 3,926.71 19,210.77 15,950.90 10,998.85 16,889.62 14,129.89 10,005.24 10-3 2014 2013 2012-25,826.12-36,075.42-922.38-12.18-14,873.83-254.05 29,113.52 49,791.96 888.28 3,275.23-1,157.30-288.15 10-4 2014 2013 2012 21.86% 10.79% 4.08% 6.06 11.06 24.49 0.20 0.24 0.21 10,539.75 9,990.86 0.11 0.10 0.05 0.12 0.11 0.07 EBITDA 19,553.04 16,212.36 11,012.48 EBITDA 14.40 417.84 1 = / 48

2 =/ 3 = - / 4 = /[ + /2] 5 / [( +)/ 2] 6 /[(+ )/ 2] 8 = / 9 EBITDA= + + + 10 EBITDA = EBITDA / + 2012 2012 2013 2014 2012 2013 2013 2014 1 10-5 2102-2014 2014 2013 2012 573,324.50 19.58% 479,466.84 18.90% 403,243.00 3,613.89 967.11% 338.66-77.36% 1,495.95 2.16-78.84% 10.21 390.35-93.59% 6,091.08 15,120.98 289.85% 3,878.65 102.40% 1,916.29 554,197.12 18.13% 469,148.24 17.34% 399,830.76 14,658.82-1.51% 14,883.32 5873.16% 249.17 240.71-12.40% 274.79 14.30% 240.42 14,282.00 2.03% 14,578.00 136.11 345.79% 30.53 248.91% 8.75 587,983,32 18.94% 494,350.16 22.49% 403,492.17 2014 587,983.32 2012-2014 49

20.72% 2012 12 16 373,488.70 2013 2 26,282.00 2014 573,324.50 97.51% 2.49% 2014 99.15% 97.85% 96.67% 2011 12 23 [2011 ]99 16 385,488.70 2014 3613.89 2013 3,275.23 967.11% 2014 2.16 2014 50

15,120.98 11,242.33 289.85% 2014 15,147.40 96.69% 2014 2016 10-6 2014 101,632,319.20 64.88% 16,000,000.00 10.21% 15,261,620.00 9.74% 10,000,035.00 6.38% 8,580,000.00 5.48% 151,473,974.20 96.69% 10-7 51

141,473,939.20 89.26% 4,836,646.38 13,680,035.00 9.68% 607,501.75 1,500,000.00 1.06% 15,180,035.00 100.00% 607,501.75 156,653,974.20 100.00% 5,444,148.13 32,930,891.32 82.31% 1,221,117.83 7,076,747.00 17.69% 40,007,638.32 100.00% 1,221,117.83 10-8 2014 12 31 2,550,000.00 2.00% 51,000.00 2,499,000.00 11,130,035.00 5.00% 556,501.75 10,573,533.25 13,680,035.00 607,501.75 13,072,533.25 2014 554,197.12 2013 18.13% 1 168,708.42 52

2 385,488.70 1 373,488.70 3 2011 22 399,770.70 10-9 (m2) ( ) 1 2 3 4 2013 2063/6/14 0067 291,982.00 35,037.84 2013 2063/6/14 0068 240,631.00 28,875.72 2013 2063/6/14 0069 305,604.00 36,672.48 2013 2063/6/14 0070 229,391.00 34,408.65 53

5 6 7 8 9 10 11 12 13 14 15 16 17 2013 2063/6/14 0071 70,617.00 9,180.21 2013 2063/6/14 0072 73,034.00 9,494.42 2013 2063/6/14 0073 345,732.00 44,945.16 2013 2063/6/14 0074 177,170.00 23,032.10 2013 2063/6/14 0075 239,252.00 31,102.76 2013 2063/6/14 0076 240,631.00 31,282.03 2013 2063/6/14 0077 238,635.00 28,636.20 2013 2063/6/9 0065 184,046.00 25,766.44 2013 2063/8/7 0088 100,452.00 11,049.72 2013 2063/6/9 0063 69,420.00 8,330.40 2013 2063/8/7 0090 78,697.00 8,656.67 2013 2063/6/9 0066 54,614.00 7,017.89 2013 2063/8/7 0089 131,305.00 12,000.00 54

18 2013 0054 2063/5/16 115,624.00 14,282.00 3,186,837.00 399,770.70 _ 2014 12 31 93,532.15 9,180.21 84,351.94 23.40% 35,900.00 2.35 2014 14,658.82 2014 240.71 2014 14,282.00 2014 136.10 2010 6 [2010]19 [2010]412, 2014 12 31 55

459,447.61 459,447.61 2 10-10 2012-2014 2014 2013 2012 94,635.71 118.24% 43,363.16 163.35% 16,465.82 59,163.14 51.61% 39,024.07 174.91% 14,195.18 26,154.00 1088.82% 2,200.00 1034.02% 194.00 2,593.93 177.07% 936.19-31.99% 1,376,64 4,724.64 292.77% 1,202.90 71.84% 700.00 2,000.00 33,900.00 239.00% 10,000.00 33,900.00 239.00% 10,000.00 128,535,71 140.87% 53,363.16 224.08% 16,465.82 2012-2014 16,465.82 53,363.17 128,535.71 179.40% 2014 94,635.71 73.63% 26.37% 2014 59,163.14 2013 20,139.07 56

2012-2014 14,195.18 39,024.07 59,163.14 2014 2014 26,154.00 2013 23,954.00 2013 2014 2014 4,724.64 2013 3,521.74 292.77% 2014 2,593.93 2013 1,657.74 177.07% 2014 2014 2,000.00 2013 54 2013 89 2,000 2014 2014 33,900.00 2013 23,900.00 239% 2014 33,900.00 57

2013 54 2013 89 20,000 2,000 67 15,800 2013 74 100 10-11 2012 2014 2014 2013 2012 10,539.75 9,990.86-0.11 0.10 0.05 0.12 0.11 0.07 1 =/ 2 = / 3 = / 2012 2012 2013 2014 2012 2013 2013 2014 2012-2014 2012-2014 99.09% 94.90% 94.25% 58

2013-2014 9,990.86 10,539.75 10-12 2012-2014 2014 2013 2012 65,188.36 51,003.36 26,365.65 54,322.61 42,492.90 21,963.40 9,277.82 7,254.64 3,926.70 9,936.25 8,696.26 7,072.15 19,210.77 15,950.90 10,998.85 16,889.62 14,129.89 10,005.24 3.75% 3.41% 2.59% 3.55% 3.55% 2.73% 1 = / 100% 2 = +/ 100% 2012 2012 2013 2014 2012 2013 2013 2014 59

2012-2014 26,365.65 51,003.36 65,188.36 57.24% 2012-2014 10,005.24 14,129.89 16,889.62 2014 16,889.62 2013 19.53% 9,936.25 2012-2014 2.73% 3.55% 3.55% 2012-201 2.59% 3.41% 3.75% 2012 10-13 2014 2013 2012 65,186.51 50,973.04 26,365.65 1.85 30.32 65,188.36 51,003.36 26,365.65 2012-2014 26,365.65 50,973.04 65,186.51 2012-2014 26,365.65 50,973.04 65,186.51 60

2012-2014 7,008.65 8,694.80 9,936.25 /( + ) 84.76%>70% 10-14 2011-2015 2014 2013 2012 21.86% 10.79% 4.08% 6.06 11.06 24.49 0.20 0.24 0.21 EBITDA 19,553.04 16,212.36 11,012.48 EBITDA 14.40 417.84 1 = / 2 = - / 3 = / 100% 4 EBITDA= + + + 5 EBITDA =EBITDA/ + 61

2012-2014 24.49 11.06 6.06 0.21 0.24 0.20 2012 2014 4.08% 10.79% 21.86% 2012-2014 EBITDA 11,012.48 16,212.36 19,553.04 2013-2014 EBITDA 417.84 14.40 10-15 2012-2014 2014 2013 2012 62 75,663.69 60,000.88 33,638.79 101,489.81 96,076.30 34,561.17-25,826.12-36,075.42-922.38 0.00 0.00 0.00 12.18 14,873.83 254.05-12.18-14,873.83-254.05

30,470.98 49,830.76 888.28 1,357.46 38.80 0.00 29,113.52 49,791.96 888.28 3,275.23-1,157.30-288.15 2012-2014 922.38-36,075.42-25,826.12 2012-2014 254.05 14,873.83 12.18 2013-2014 888.28 49,791.96 29,113.52 2013 2014 12 31 1,800.00 2014 11 28 2017 11 27 2013 0071 2014 0.39% 63

2012-2014 2012-2014 2012-2014 64

65

8 2.5 2013 3 2014 0.5 2015 0.5 0.2 1.3 12-1 1 2013 84,916.94 25,000.00 29.44% 2 2014 105,272.12 30,000.00 28.50% 3 2015 15,639.21 5,000.00 31.97% 4 13,885.61 5,000.00 36.01% 5 5,837.53 2,000.00 34.26% 6 30,343.00 13,000.00 42.84% 255,894.41 80,000.00 31.26% 2013 2014 2015 66

2013 2014 2015 2013 2014 2015 4.0 m 3 /d 035749-2006 2012 7 1 3-5NTU 67

3 20 15 2015 100 6 2030 200 15 2030 1,000 150 68

2013 1 2 3,570 3,090 480 2013 2013 ( [2012]1 ) 12-2 2013 / 2013 69

60 / 50 / 3,570 3090 480 236,000 344,700 209,400 3,570 3,090 185,400 480 24,000 54,900 12,000 3,000 2,000 6,200 10,000 47,200 12-3 / 1 209,400 0.13 27,222.00 2 34,900 0.15 5,235.00 3 20,000 0.18 3,600.00 3 10,000 0.08 800.00 4 47,200 0.16 7,552.00 5 1,500 0.2 300.00 6 2,000 0.1 200.00 7 6,318.62 51,227.62 3 2013 4 22 2013 70

2013 14 2013 4 5 2013 2013 21 4 2 2013 27 2013 4 3 520000201311241 2013 4 3 2013 2013 01 2013 4 17 2013 2013 7 4 84,916.94 25,000.00 29.44% 5 3 2013 7 2015 7 21,623.25 25.46% 6 2013 39 2 2013 71

3 2016, 2020 7 106,754.1 80% 2,300 / 38,529.6 20% 60 / 884.50 10,000 / 54,900 3,000 / 3,000 2,000 / 9,440 5,834.59 100,919.51 8,000 1,046.19 7 91,873.32 2014 1 2 4,800 4,000 800 2014 2014 72

2014 ( [2014]54 ) 12-4 2014 / 2014 60 / 50 / 4,800 4,000 800 240,000 360 431,167 280,000 4,000 240,000 800 40,000 61,667 12,000 3,000 2,500 9,000 15,000 48,000 12-5 / 1 280,000 0.13 36,400.00 2 46,667 0.15 7,000.05 73

3 15,000 0.18 2,700.00 3 15,000 0.08 1,200.00 4 48,000 0.16 7,680.00 5 1,500 0.2 300.00 6 2,500 0.1 250.00 7 6,626.08 62,156.13 3 2014 2 28 2014 2014 15 2014 2 11 2014 2014 08 2014 2 7 2014 18 2014 2 12 520000201414712 2014 2 12 2014 2014 01 2014 2 20 2014 2014 7 4 105,272.12 30,000 28.50% 5 74

3 2014 5 2015 7 22,575.52 21.44% 6 2014 3 2017 2021 7 128,469.72 80% 2,300 / 51,520 20% 60 / 1,182.72 10,000 / 61,667 3,000 / 4,500 2,000 / 9,600 7,128.08 121,341.64 10,080 1,259.01 7 110,002.63 2015 1 75

2 1,074 1,074 2015 2015 2015 [2015]33 ) 12-6 2015 / 2015 50 / 1,074 1074 33,000 69,753 53,700 1,074 4,475 800 2,528 8,250 76

12-7 / 1 53,700 0.13 6,981.00 2 4,475 0.15 671.25.00 3 8,250 0.16 1,320.00 4 800 0.1 80.00 5 997.87 10,050.12 3 2015 2 27 2015 2015 19 2015 2 5 2015 2015 6 2015 2 3 2015 2015 5 2015 2 6 520000201511832 2015 2 4 2015 2015 02 2015 2 17 2015 2015 8 4 15,639.21 77

5,000.00 31.97% 5 2 2015 5 2015 7 1,215.62 7.78% 6 2015 2 2017 2021 7 16,232.62 80% 2,300 / 9,880.8 20% 60 / 226.82 10,000 / 4,475 2,000 / 1,650 896.32 15,336.30 1,440 159.08 7 13,737.22 78

1 2 4.0 m 3 /d (1) 1 2 2 (2) DN300 DN400 10,780m DN300 DN350 DN400 900m 6,420 m 3,460m (3) 200m 3 (4) 1,140m 10 DN150 200 m 2 12 DN200 170 m 2 85 m 3 11,300 1 1 DN600 1 10KV 1.5KM 1000KVA 1 3 2014 11 27 2014 56 2014 11 6 79

2014 16 11 3 2014 94 11 6 520000201414742 520000201414743 2014 11 4 2014 21 2014 11 15 2014 11 4 5,837.53 2,000.00 34.26% 5 2 2015 4 2015 7 525.38 9.00% 6 2 4.0 m 3 /d 1.5 / m 3 2,190 2017 90% 80

7 10,731 10,151.53 818.82 7 6,131.14 1 2 3.0 m 3 /d DN600 1,505m DN100 DN500 49,360m DN300 DN400 DN500 8,501m 1,891m 1,295 m DN100 DN150 DN200 DN250 14,818m 8,913m 10,042m 3,900 m 3 2014 12 30 2014 65 2014 12 9 2014 18 2014 12 8 81

2014 99 12 9 520000201414771 2014 12 10 2014 25 2014 12 15 4 13,885.61 5,000.00 36.01% 5 2 2015 5, 2015 7 1,035.78 7.46% 6 2 3.0 m³/d 3.2 /m ³ 3,504 2017, 90% 17,169.60 16,242.43 82

713.72 7 12,745.20 1 2 10.0 m 3 /d 6,893m 1,714m D N500 857m DN1000 857m 3 2015 1 30 2015 18 2015 1 7 2015 1 1 6 2015 2 2015 1 8 520000201511831 83

2015 1 8 2015 2015 1 13 7 4 30,343 13,000 42.84% 5 2 2015 6 2015 7 859.68 2.83% 6 2 10.0 m/d 3.0 /m ³ 10,950.00 2017, 90% 53,655.00 50,757.63 3,347.26 7 34,356.06 3 84

85

2015 T 10 T 2 T-2 86

1 2 1 2 3 87

88 1 2 3 4 5 6 7 8 9 10 11 12

4 1 2 3 4 5 10 185.14 330,882.19 89

10 [ 2015] 010115 185.14 2,777.1 330,882.19 2015 4 30 8% 3.83 13-1 1 2013 0065 18.40 48,845.81 2 2013 0066 5.46 10,780.80 3 2013 0069 30.56 54,855.92 4 2013 0070 22.94 41,932.67 5 2013 0072 7.30 11,473.64 6 2013 0073 34.57 53,035.29 7 2013 0075 23.93 37,347.24 8 2013 0076 24.06 37,899.38 9 2013 0088 10.05 17,579.10 10 2013 0090 7.87 17,132.34 - - - 185.14 330,882.19 10 90

2015 10 1 1 2 91

3 4 1.5 2 30 30 10 3 1.5 4 2 92

1.5 3 1 2 2 30 2014 587,983.32 459,447.61 2012-2014 4.08% 10.79% 21.86% 93

2012-2014 26,365.65 51,003.36 65,188.36 10,998.85 15,950.90 19210.77 10,005.24 14129.89 16,889.62 2013 2014 2015 2013 2014 2015 205,828.27 251,456.44 7 215,613.17 2,190.00 6,131.14 3,504.00 12,745.20 94

10,950.00 34,356.06 2014 12 554,197.12 4,606.82 385,488.70 3,600.22 306,238.55 13-2 1 2013 2063-6-14 360.95 28,875.72 0068 2 2013 2063-6-14 458.41 36,672.48 0069 3 2013 2063-6-14 344.09 34,408.65 0070 4 2013 2063-6-14 109.55 9,494.42 0072 5 2013 2063-6-14 518.60 44,945.16 95

0073 6 2013 2063-6-14 358.88 31,102.76 0075 7 2013 2063-6-14 360.95 31,282.03 0076 8 2013 2063-6-14 357.95 28,636.20 0077 9 2013 2063-6-9 276.07 25,766.44 0065 10 2013 2063-8-7 150.68 11,049.72 0088 11 2013 2063-6-9 104.13 8,330.40 0063 12 2013 2063-8-7 118.04 8,656.67 0090 13 2013 2063-6-9 81.92 7,017.90 0066 3,600.22 306,238.55 10 2,777.1 96

2013 0065 2013 0066 2013 0069 2013 0070 2013 0072 2013 0073 2013 0075 2013 0076 2013 0088 2013 0090 33.09 2015 4 30 4.14 2012-2014 25,639.70 2014 12 31 10,200 408,223 97

2014 2015 2015 2014 670.96 14.6% 4 9 113.42 6.6% 98

240.55 16.0% 316.99 16.1% 16.9:35.8:47.3 50 786.31 31% 3 4 37.5% 5 2 94.5 16.12% 6,343 21,290 10.5% 13.4% 5 4 76.5% 4.1 13-3 2013 2016 2017 2018 2019 2020 1 37,142.31 23,434.54 17,122.57 15,040.36 14,014.33 106,754.10 1.1.1 13,485.36 8,476.51 6,164.74 5,394.14 5,008.85 38,529.60 1.1.2 87.95 143.23 183.43 218.61 251.28 884.50 1.2 19,215 12,078 8,784 7,686 7,137 54,900.00 1.3 1,050 660 480 420 390 3,000.00 1.4 3,304 2,076.80 1,510.40 1,321.60 1,227.20 9,440.00 2013 99

13-4 2014 2017 2018 2019 2020 2021 1 44,668.05 28,194.66 20,611.20 18,112.50 16,883.31 128,469.72 1.1.1 18,032 11,334.40 8,243.20 7,212.80 6,697.60 51,520.00 1.1.2 117.6 191.52 245.28 292.32 336 1,182.72 1.2 21,583.45 13,566.74 9,866.72 8,633.38 8,016.71 61,667.00 1.3 1,575 990 720 630 585 4,500.00 1.4 3,360 2,112 1,536 1,344 1,248 9,600.00 2014 13-5 2015 2018 2019 2020 2021 2022 1 5624.58 3558.01 2607.97 2296.87 2145.19 16,232.62 1.1.1 3,458.28 2,173.78 1,580.93 1,383.31 1,284.50 9,880.80 1.1.2 22.55 36.73 47.04 56.06 64.44 226.82 1.2 1,566.25 984.5 716 626.5 581.75 4,475.00 1.3 577.5 363 264 231 214.5 1,650.00 2015 13-6 2016 2017 2018 2019 2010 2011 2012 / 1,314 1,460 1,460 1,460 1,460 / 1.5 1.5 1.5 1.5 1.5 1,971 2,190-2,190-2,190-2,190-10,731 106.43 118.26 118.26 118.26 118.26 579.47 745.11 818.82 818.82 818.82 818.82 4,020.39 1,119.46 1,252.92 1,252.92 1,252.92 1,252.92 6,131.14 100

4.0 m 3 /d 1.5 / m 3 2,190 2017 90% 7 10,731 10,151.53 818.82 7 6,131.14 13-7 2016 2017 2018 2019 2010 2011 2012 / 985.5 1,095 1,095 1,095 1,095 / 3.2 3.2 3.2 3.2 3.2 3,153.60 3,504 3,504 3,504 3,504 17,169.60 170.29 189.22 189.22 189.22 189.22 927.17 642.35 713.72 713.72 713.72 713.72 3,497.23 2,340.96 2,601.06 2,601.06 2,601.06 2,601.06 12,745.20 3.0 m³/d 3.2 /m ³ 3,504 2017, 90% 17,169.60 16,242.43 713.72 7 12,745.20 13-8 101

2016 2017 2018 2019 2020 2021 2022 / 3,285 3,650 3,650 3,650 3,650 / 3.0 3.0 3.0 3.0 3.0 9,855 10,950 10,950 10,950 10,950 53,655 532.17 591.30 591.30 591.30 591.30 2,897.37 3012.53 3347.26 3347.26 3347.26 3347.26 16,401.57 6,310.3 7,011.44 7,011.44 7,011.44 7,011.44 34,356.06 10.0 m 3 /d 3.0 /m ³ 10,950.00 2017, 90% 7 53,655.00 50,757.63 3,347.26 7 34,356.06 102

13-9 2016 2017 2018 2019 2020 2021 2022 13,485.36 8,476.51 6,164.74 5,394.14 5,008.85 38,529.60 87.95 143.23 183.43 218.61 251.28 884.50 19,215 12,078 8,784 7,686 7,137 54,900.00 1 2013 1,050 660 480 420 390 3,000.00 3,304 2,076.80 1,510.40 1,321.60 1,227.20 9,440.00 1 2,041.55 1,283.48 933.64 817.08 758.84 5834.59 2 3,200 2,400 1,600 800 8,000.00 2 366.17 230.16 167.39 146.47 136 1,046.19 34,734.59 18,720.90 13,621.54 12,476.80 12,319.49 91,873.32 18032.00 11,334.40 8,243.20 7,212.80 6,697.60 51,520.00 117.60 191.52 245.28 292.32 336 1,182.72 21583.45 13,566.74 9,866.72 8,633.38 8,016.71 61,667.00 2 2014 1575.00 990 720 630 585 4,500.00 3360.00 2,112 1,536 1,344 1,248 9,600.00 1 2,494.83 1,568.18 1,140.49 997.93 926.65 7,128.08 2 4,032 3,024 2,016 1,008 10,080.00 3 437.75 276.31 201.99 177.5 165.46 1,259.01 41,735.47 22,318.17 16,244.72 14,921.07 14,783.20 110,002.63 3 2015 3,458.28 2,173.78 1,580.93 1,383.31 1,284.50 9,880.80 22.55 36.73 47.04 56.06 64.44 226.82 1,566.25 984.5 716 626.5 581.75 4,475.00 577.5 363 264 231 214.5 1,650.00

1 313.71 197.19 143.41 125.49 116.52 896.32 2 576 432 288 144 1,440.00 3 55.12 34.87 25.56 22.51 21.02 159.08 5,255.75 2,749.95 2,007.00 1,860.87 1,863.65 13,737.22 1,971 2,190 2,190 2,190 2,190 10,731.00 4 106.43 118.26 118.26 118.26 118.26 579.47 745.11 818.82 818.82 818.82 818.82 4,020.39 1,119.46 1,252.92 1,252.92 1,252.92 1,252.92 6,131.14 3,153.60 3,504 3,504 3,504 3,504 17,169.60 5 170.29 189.22 189.22 189.22 189.22 927.17 642.35 713.72 713.72 713.72 713.72 3,497.23 2,340.96 2,601.06 2,601.06 2,601.06 2,601.06 12,745.20 6 9,855 10,950 10,950 10,950 10,950 53,655.00 532.17 591.3 591.3 591.3 591.3 2,897.37 3012.53 3347.26 3347.26 3347.26 3347.26 16,401.57 6,310.30 7,011.44 7,011.44 7,011.44 7,011.44 34,356.06 34,734.59 60,456.37 50,966.18 42,336.89 40,112.98 27,509.49 12,729.07 268,845.57 0 0 16,000.00 16,000.00 16,000.00 16,000.00 16,000.00 80,000.00 7% 5,600 5,600 5,600 4,480 3,360 2,240 1,120 28,000.00 80,000 80,000 64,000 48,000 32,000 16,000 0 5,600.00 5,600.00 21,600.00 20,480.00 19,360.00 18,240.00 17,120.00 108,000.00 6.14 10.80 2.36 2.07 2.07 1.51 0.74 2.49 2013 2014 2015 2014 8 2015 8 AA 6.46% AA, AA+, 7% 104

1 2 3 1 106

2 3 1 107

2 3 1 2 108

3 1 1 2 109

3 1 2 110

3 111

2015 年贵州东湖新城市建设投资有限公司公司债券募集说明书 AA+ AA 8 AA+ 1 2 3 4 1 2 3 112

113

5% 114

[2008]7 115

2015 2015 116

1 117

2015 年贵州东湖新城市建设投资有限公司公司债券募集说明书 2015 2015 2012-2014 2015 2015 2015 2015 2015 2015 118

01 01 01 01 13708590859 0859-6200333 562300 216 26 C 3A 010-63214628 010-63214639 100033 http://www. hczq.com.cn www.ndrc.gov.cn www.chinabond.com.cn 119

2015 1 010-63214650 26 010-63214630 C 3A 2 755-82520746 7 3 1000 021-68416988-225 8 031 120

2012-2014 2014 12 31 2013 12 31 2012 12 31 36,138,861.09 3,386,570.82 14,959,526.76 21,632.00 102,102.00 3,903,493.65 60,910,840.42 151,209,826.07 38,786,520.49 19,162,851.17 5,541,971,236.14 4,691,482,380.16 3,998,307,596.41 5,733,245,048.95 4,794,668,413.89 4,032,429,974.34-2,407,104.24 2,747,943.65 2,404,246.14 142,820,000.00 145,780,000.00 1,361,037.03 305,279.46 87,500.00 146,588,141.27 148,833,223.11 2,491,746.14 5,879,833,190.22 4,943,501,637.00 4,034,921,720.48 0.00 0.00 0.00 591,631,445.48 390,240,724.60 141,951,779.00 261,540,000.00 22,000,000.00 1,940,000.00 25,939,287.89 9,361,925.42 13,766,412.59 47,246,388.00 12,029,008.33 7,000,000.00 20,000,000.00 121

946,357,121.37 433,631,658.35 164,658,191.59 339,000,000.00 100,000,000.00 339,000,000.00 100,000,000.00 1,285,357,121.37 533,631,658.35 164,658,191.59 102,000,000.00 102,000,000.00 32,000,000.00 4,082,233,880.81 4,066,524,020.81 3,738,216,466.42 41,024,751.91 24,135,128.89 10,005,239.35 369,217,436.13 217,210,828.95 90,041,823.12 4,594,476,068.85 4,409,869,978.65 3,870,263,528.89 5,879,833,190.22 4,943,501,637.00 4,034,921,720.48 122

2012-2014 2014 2013 2012 651,883,558.58 510,033,633.92 263,656,506.64 543,226,128.82 424,929,018.65 219,633,976.53 5,510,155.23 7,347,594.12 3,761,488.72 6,232,376.01 4,359,249.27 713,235.33-86,311.65-19,747.57-69,244.15 4,223,030.30 871,117.83 350,000.00 ( ) ( ) ( ) 92,778,179.87 72,546,401.62 39,267,050.21 99,362,500.00 86,962,633.00 70,721,455.00 33,000.00 ( ) 192,107,679.87 159,509,034.62 109,988,505.21 23,211,449.67 18,210,139.25 9,936,111.72 ( ) 168,896,230.20 141,298,895.37 100,052,393.49 168,896,230.20 141,298,895.37 100,052,393.49 123

2012-2014 2014 2013 2012 651,964,028.58 507,991,531.92 265,596,506.64 104,672,859.22 92,017,306.30 70,791,429.81 756,636,887.80 600,008,838.22 336,387,936.45 882,208,958.97 908,343,613.89 341,102,803.94 659,951.10 328,890.00 385,584.00 13,200,000.00 30,180,000.00 18,687.85 118,829,145.32 21,910,556.60 4,104,655.55 1,014,898,055.39 960,763,060.49 345,611,731.34-258,261,167.59-360,754,222.27-9,223,794.89 121,776.06 148,738,287.33 2,540,500.25 121,776.06 148,738,287.33 2,540,500.25-121,776.06-148,738,287.33-2,540,500.25 15,709,860.00 398,307,554.39 1,882,761.42 289,000,000.00 100,000,000.00 7,000,000.00 124

304,709,860.00 498,307,554.39 8,882,761.42 13,574,626.08 388,000.73 13,574,626.08 388,000.73 291,135,233.92 497,919,553.66 8,882,761.42 32,752,290.27-11,572,955.94-2,881,533.72 3,386,570.82 14,959,526.76 17,841,060.48 36,138,861.09 3,386,570.82 14,959,526.76 125