YUEXIU PROPERTY(HK:00123) Ge Long Hui·2025-09-09 08:48Group 1 - The company, Yuexiu Property (00123.HK), announced that its indirect subsidiary, Guangzhou Urban Construction Development Co., Ltd., has applied to the China Securities Regulatory Commission and the Shanghai Stock Exchange for the registration of a public offering of corporate bonds totaling up to RMB 9.6 billion aimed at professional investors [1] - The first phase of the corporate bond issuance, amounting to RMB 1.4 billion, is scheduled to be completed by August 19, 2025 [1] Group 2 - The second phase of the corporate bond issuance will not exceed RMB 1.5 billion and will consist of two varieties: a five-year fixed-rate bond and a seven-year fixed-rate bond, both of which allow the issuer to adjust the interest rate at specified intervals [2] - The issuer has received a "AAA" credit rating from China Chengxin International Credit Rating Co., Ltd. for the second phase of the corporate bonds [2] - Proceeds from the second phase of the corporate bond issuance, after deducting issuance costs, will be used to repay maturing corporate bonds [2]