May 7, 2012, Zhejiang Dunan Artificial Environment Co., Ltd obtained approval for publicly issuing corporate bonds of no more than CNY 1.2 billion from China Securities Regulatory Commission.

DunAn Environment is the market leader in refrigeration components industry, the first company in China which supplies nuclear grade air-conditioners to nuclear power plants using its own intellectual property and the leading company in renewable energy utilization industry.

Jingtian & Gongcheng acted as the issuer's lawyer.