Core Viewpoint - The company plans to register and issue medium-term notes up to 500 million RMB to enhance its financing channels and optimize its capital structure [1][4]. Group 1: Issuance Plan - The company intends to apply for registration of medium-term notes not exceeding 500 million RMB, which may include long-term and flexible medium-term notes [1]. - The issuance period for the medium-term notes will be determined based on the company's funding needs and market conditions, with a maximum term of 5+N years [1]. - The issuance may occur in one or multiple phases, depending on market conditions and the company's financial requirements [1]. Group 2: Authorization Matters - The board of directors seeks authorization from the shareholders' meeting to handle all matters related to the registration, issuance, and management of the medium-term notes [2]. - The board will have the authority to determine the specific issuance plan, including terms such as issuance size, interest rates, and use of proceeds [2]. - Necessary legal documents and agreements related to the issuance will be prepared and managed by the board [2]. Group 3: Approval Procedures - The application for registration and issuance of medium-term notes has been approved by the board and supervisory committee, pending approval from the upcoming shareholders' meeting and the China Interbank Market Dealers Association [3]. Group 4: Impact on the Company - The issuance of medium-term notes is expected to expand financing channels and reserve funds for strategic development, while potentially locking in lower interest rates to reduce financial costs [4]. - This move will help optimize the company's debt structure and enhance liquidity, supporting operational growth without significantly impacting normal business operations [4]. Group 5: Other Notes - The company will choose an appropriate time to issue the medium-term notes based on actual funding needs and will disclose the issuance status in accordance with relevant laws and regulations [4].