Mingyang Smart Energy Group, a private enterprise in Zhongshan, issued 3-year green bonds worth 200 million dollars in Macao on December 6, which were the first non-financial green bonds issued in Macao and the first private enterprise bonds issued by a mainland enterprise in Macao.

The bonds issued by Mingyang Group will be used for the construction of green energy projects with carbon emission reduction benefits, promoting the comprehensive and environmentally-conscious transformation of Zhongshan's economic and social development.

Mingyang Group raised the bonds through US dollar, attracting many investors from mainland China, Hong Kong region, Europe and Macao region. The highest earnings were nearly threefold, and the final issuing rate was 1.6%.

Mingyang chairman Zhang Chuanwei said that the company would further strengthen its ties with Macao-based enterprises, scientific research institutions and financial institutions, and make positive contributions to Macao's development in the low-carbon sector.