Chow Tai Fook applied to register debt financing instruments with a total amount not exceeding 5 billion RMB.

Zhou Dafu announced that the 2023 Panda Bond plan has reached maturity in April 2025. The company has applied to the China Interbank Market Trading Association to register debt financing tools with a total amount not exceeding 5 billion RMB. The 2026 Panda Bond plan can be issued within two years from the date of receiving the registration notice from the association, and may be issued in multiple batches by the company at the appropriate time. Due to the ongoing application process, it is uncertain whether and when the application will be approved, as well as whether and when the registration of the 2026 Panda Bond plan can be completed.