Core Viewpoint - The company, Southern Pump Industry Co., Ltd., has approved the issuance of short-term financing bonds totaling up to RMB 1 billion to support its operations and innovation initiatives [1]. Group 1: Bond Issuance Details - The company plans to register and issue short-term financing bonds with a total amount not exceeding RMB 1 billion [1]. - The registration for the bonds is valid for one year from the date of the notice [1]. - The bonds will be issued under the name "Southern Pump Industry Co., Ltd." with a specific code for the technology innovation bonds [1]. Group 2: Financial Terms - The bonds will have a term of 265 days, with an interest rate of 1.88% per hundred yuan face value [1]. - The issuance date is set for August 27, 2025, and the maturity date is May 19, 2026 [1]. - The lead underwriter for the bond issuance is Industrial Bank Co., Ltd., with Jiangsu Bank Co., Ltd. as a co-underwriter [1]. Group 3: Fund Utilization - The funds raised from the bond issuance are intended to support the company's technological innovation efforts [1]. - The company has confirmed that the relevant funds have been received as of the issuance date [1].