Binzhou Stateowned Capital Investment Operation Group Co., Ltd. (hereinafter referred to as " Binzhou SOCI ") was established on May 17, 2002. It is a state-owned enterprise wholly owned by the State-owned Assets Supervision and Administration Commission of the Binzhou Municipal Government. Binzhou SOCI is an important development, operation, investment and financing entity in Binzhou City. It is responsible for the main task of building a higher-quality, prosperous and strong Binzhou. Its main business includes product sales, engineering construction, infrastructure construction, urban services and public utility operations.

Binzhou City is located in the northern part of Shandong Province, the eastern part of the North China Plain, and the hinterland of the Yellow River Delta. It is located in the overlapping area of the Yellow River Delta High-efficiency Ecological Economic Zone, the Shandong Peninsula Blue Economic Zone, the Bohai Rim Economic Circle, and the Jinan Metropolitan Circle,being the north gate of Shandong.

In order to start a new journey of high-level comprehensive construction of socialist modernization, better serve the stable, rapid and healthy development of the local social economy, broaden the company's financing channels, and reduce the company's financing costs, Binzhou State-owned Capital Investment Operation Group Co., Ltd. and the underwriter CNI Securities Group Limited worked closely with the company to successfully issue an additional US$50 million in bonds recently. The successful issuance of overseas bonds marks a new breakthrough for Binzhou SOCI in capital operations and financing capabilities, boosting Binzhou City’s financing confidence.