Llinks Advised on the Public Offering of Corporate Bonds by XCMG Construction Machinery Co., Ltd.

With the approval of the China Securities Regulatory Commission, the leading enterprise in construction machinery industry, XCMG Construction Machinery Co., Ltd. successfully issued the first tranche of corporate bonds (RMB 3 billion) for 2011 in December 2011 (the total registered size is RMB 5.6 billion).

As legal counsel to the underwriter of XCMG Construction Machinery Co., Ltd., Llinks has provided full legal services for this corporate bonds public offering project.