Shenzhen Industrial A plans to issue up to 1.5 billion yuan in non-public corporate bonds.

Announcement from Zhenye Corporation Limited, Shenzhen City, the company plans to privately issue corporate bonds to professional investors in an amount not exceeding 1.5 billion yuan in order to broaden financing channels. The face value of the bonds is 100 yuan per unit, issued at par, with a maturity of [specific number of years not mentioned], fixed interest rate, interest calculated annually, and principal repaid at maturity. The funds raised will be used to repay the principal of maturing bonds, etc. The bonds will be guaranteed by a guarantee agency and will be listed for transfer on the Shenzhen Stock Exchange after issuance. The issuance proposal has been approved by the board of directors, but still requires approval from the shareholders' meeting and review by the Shenzhen Stock Exchange. The company reminds investors to pay attention to related uncertainties and risks.