(Adopted by the 11th ordinary meeting of the Government of the City of Custodine, on 11 December 2013, No. 46 of the Order of the People's Government of 11 December 2013, No. 46 of 20 January 2014)

Article 1 promotes healthy development in real estate markets, in line with national and provincial and municipal provisions, and develops this approach in conjunction with the actual provisions of this city.

Article 2, credit evaluation of property development enterprises engaged in property development activities in the area of urban planning, is applicable.

Article 3 of this approach refers to the use of quantitative and qualitative analysis methods to evaluate the credit position of the real estate-development enterprise in accordance with the law and in good faith.

Article IV Development of corporate credit evaluation upholds the principles of law, openness, equity, justice, the application of uniform standards, information sharing, the means of operation issued by authority and the establishment of appropriate incentives and corrections mechanisms.

Article 5 is responsible for the management of corporate credit evaluation in real estate development.

The Industrial Property Development Authority is entrusted by the municipal real estate authorities to develop the day-to-day management of corporate credit evaluation.

Relevant sectors such as urban development and reform, land-based resources, urban and rural planning, construction, environmental protection, business, tax, public use, parking greenization, public safety, human defence, and correspondence should develop corporate credit evaluation in accordance with their respective responsibilities under the law.

Article 6. Real estate development of corporate credit evaluation and introduction of the enterprise credit evaluation indicator system. The corporate credit evaluation indicators for real estate development include, inter alia, the following:

(i) Enterprise objective credit capacity. These include, inter alia, the length of operation, the registration of capital, the development of capacity, the quality of personnel and the financial credit capacity.

(ii) Business credits. These include, inter alia, the development of pre-project credits, the construction phase credits, the sale (lead) phase credits, the management of the former material industry.

(iii) The good performance of corporate credits. These include credits for all, credits for employees, consumer credits, credits for the cooperating party, and environmental energy efficiency, safe production, compliance law and social honour.

Article 7. Specific elements of the credit evaluation indicators and criteria for ratings are developed by the Industrial Property Development Authority and made available to society.

The municipal property development management may make appropriate adjustments to the specific content of the credit evaluation indicators and the criteria for the evaluation every year, depending on the actual situation, and be made public to society.

Article 8.

The enterprise credit evaluation rate for real estate development is based on the credit evaluation scores generated by the credit evaluation indicators, divided into four levels of AAA credit enterprise, AA credit enterprise, A credit company and B credit enterprises.

(i) AAA credit company is a creditworthy enterprise, i.e., a credit evaluation value higher than (equivalent) of 100 companies;

(ii) AA credit company is a credit-based general enterprise, i.e., a credit evaluation of less than three enterprises (equivalent to 100);

(iii) A credit company is a credit-poor enterprise, i.e., a credit evaluation of less than 100, higher than (equal) seven very large enterprises;

(iv) B credit enterprises are credit-poor enterprises, i.e. credit evaluations are less than seven.

Article 9. Enterprises for real estate development are one of the following cases, and credit evaluation is divided into a one-time subordination:

(i) Including a major safety liability accident;

(ii) Significant quality issues;

(iii) There are majorfts, escapes, tax resistance;

(iv) As confirmed by law, significant default occurs in lending, security or other financing activities;

(v) The verification of gross violations of public interest, triggering a complaint or visiting visit, rejecting the investigation of evidence and not correcting and eliminating the impact;

(vi) Other violations, violations, circumstances and denial of redress.

Article 10. Real estate development of corporate credit rehabilitation systems.

The real estate development enterprise has been restructured and eliminated the social impact of the problems that have been created, and an application by a real estate development enterprise can be restored by 50 to 81 per cent of the value of the deduction, as determined by the commune property development management.

Article 11. The Industrial Property Development Authority shall carry out corporate credit evaluation in real estate development as a platform for harmonization of business information networks.

Article 12

(i) Information collection. The basic information is included in the web evaluation database, including through statistical statements, project manuals, annual financial statements, monthly registration of information by the real estate development enterprises, including through statistical statements, project manuals, annual financial statements, timely access to the web evaluation database, urban and rural planning, construction, environmental protection, public use, parking greenification, public security, human defence, trust visits, and various information related to the development of corporate credits for real estate development, and the development of integrated credit data.

(ii) Integrated evaluation. The municipal property development management has produced comprehensive credit data based on information-gathering, which is matched or subtracted by the credit evaluation indicators and generates the results of an integrated credit evaluation of real estate development enterprises.

(iii) Annual ranking. At the end of each year, the commune of the commune for the development of the enterprise for the development of property, in accordance with the low-ranking order, was ranked at the end of the year and was presented to the society at the end of the long-dustry industry information network and the media for seven days. In the end of the demonstration, the annual credits for real estate development are ultimately determined after the feedback from all sectors of the society.

Article 13 establishes a system for the exploitation of corporate complaints. Real estate development companies have contested the results of the evaluation and may submit written petitions to the commune property authorities for verification, processing and written replies to the content of the complaint in accordance with the relevant legislation.

Article 14. The performance of the credit evaluation is accompanied by a briefing on the enterprise's location development authorities.

Article 15. The relevant sectors should make the results of the enterprise credit evaluation of real estate development an important basis for land tendering, auctions, wallcharts, project solicitation, administrative approval, day-to-day regulation, and establish appropriate incentives and corrections mechanisms for the integrated classification management of enterprises.

Article 16 provides for an integrated classification of property development enterprises according to the following provisions:

(i) AAA credit enterprise, which is administered with a reputation, may be exempted from regular inspections, providing relevant support in the development of business activities and simplifying the approval process.

(ii) AA credit enterprise, which is administered in a regular manner.

(iii) A credit enterprise, which is responsible for renovation, with a focus regulation over the period of change, may refer to the head of the enterprise, the strict clearance of the competitive acquisition of land, the relapse and the non-representation of tenders for new development projects and the non-declaration of the first instance.

(iv) B credit enterprises, with priority regulation, shall not be involved in the acquisition of land. The new development project solicits tenders; in the case of serious circumstances, it is recommended that the relevant authorities reduce the level of qualifications or revoke the award of the award.

Article 17 establishes a property opening and the main business manager's credit archives management system.

The statutory representative, the master manager and the direct manager of the B-level credit enterprise have been assessed as poor credits, and is recorded as poor credit files for the main operating manager of the real estate development enterprise for three years. The remaining period shall not be allowed to perform the same functions as any other property development enterprise in this city.

As a result of the existence of a serious malfunctional certificate, the corporate legal representative, the master manager and the person directly responsible are charged with the poor credit files of the main operating manager of the real estate development enterprise for a period of five years. The remaining period shall not be allowed to perform the same functions as any other property development enterprise in this city.

Article 18

Article 19 of this approach has been implemented since 20 January 2014.