On September 18, 2019, Chongqing Rail Transit (Group) Co., Ltd. ("Chongqing Rail Transit") successfully issued the first installment of green medium-term notes of 2019, worth RMB 2 billion and with coupon rate of 4.09%. Chongqing Rail Transit is rated AAA and its corporate green rating is G-AAA.

This issuance is the third green medium-term note issuance in China and the first in Western China.

Chongqing Rail Transit, founded in 1992, is the only large state-controlled passenger rail transit enterprise in Chongqing responsible for the integration of urban rail transit construction, operation and resource development along the route. It successfully completed and operated Chongqing Rail Transit Line 2 in 2005, the first straddle-type monorail line in China. As of the end of March 2019, the company's operating network had stretched for 313.37 km, covering nine districts of urban Chongqing. The lines that had been open to traffic included Line 1, Line 2 and its extension, Phase I and II of Line 3, southern extension of Line 3, northern extension of Line 3, Phase I and II of Line 6, Phase I of the Convention Center extension of Line 6, Phase I of Line 4, Phase I of Line 5, Phase I of Line 10 and the northeastern section of the Ring Line, transporting about 2.88 million passengers per day on average, with the peak of 3.39 million, and is playing an important role in Chongqing's public transport system.

As the legal counsel for the issuance, the DeHeng team, headed by lawyers Tang Junfeng and Peng Song, with primary support from lawyers Luo Yi and Yan Jiao and legal assistant Yang Yueming, provided professional, efficient, high-quality services and won unanimous praise from stakeholders.