Wave Information: Successfully issued 1 billion yuan of the seventh phase of ultra-short-term financing bonds due in 2025.

Wave Information announced that on November 19, 2025, the company publicly issued the 2025 seventh series of short-term financing bonds on the national interbank bond market, with an issuance amount of 1 billion RMB, a face value of 100 RMB per bond, and an issuance interest rate of 1.49%. China Everbright Bank served as the lead underwriter and bookkeeper, while Qingdao Bank served as the joint lead underwriter. The funds raised were all received on November 20, 2025. Prior to this, the company's application for the issuance of the bonds was approved by the Securities Dealers Association on October 21, 2025, with a registered amount of 10 billion RMB and a validity period of 2 years.