Can CDB be used as project capital?
Of course. CDB is a wholly-owned subsidiary of CDB, which can be used for project capital investment, equity investment and participation in local investment and financing companies by setting up special funds. The investment period is generally 8-20 years, and the annual rate of return is 1.2%. CDB does not appoint directors, supervisors and senior managers for the invested projects, and does not participate in daily management. When the project expires, it will be withdrawn through equity transfer, repurchase or asset securitization.