Chinese media: Completes the issuance of 1 billion yuan worth of ultra-short-term financing bonds.

The Chinese media announcement states that the company has applied to the National Association of Financial Market Institutional Investors of China to register and issue short-term financing bonds of up to 3 billion RMB. The registered amount will be valid for 2 years starting from December 25, 2024. Recently, the company has completed the fourth and fifth tranche of short-term financing bond issuances for 2025, with a total issuance amount of 1 billion RMB. The funds have been raised. The issuance date for the fourth tranche was November 3, 2025, with a planned and actual issuance amount of 500 million RMB each, and a face interest rate of 1.63%. The issuance date for the fifth tranche was November 4, with the same situation as the fourth tranche.