The first phase of ultra short term financing bonds of DZUG in 2019 (19 DZUG SCP001) was successfully issued on December 10th, 2019, the issuance scale of the bonds is 500 million yuan, the term is 180 days, and the main rating is AAA. With the joint efforts of the issuer and the underwriter, the annual coupon rate of the bonds was finally determined to be 2.90%, a new low in the public market financing price of DZUG in the past three years. The company thanks SPDB, Industrial Bank Co., Ltd and other intermediaries for their contributions to the bond issue.