Core Viewpoint - Zhejiang Haikong Nanke Huatie Smart Technology Co., Ltd. is preparing to issue corporate bonds to enhance its financing structure and meet business development needs, with a proposed issuance amount of up to RMB 2 billion [2][6]. Group 1: Bond Issuance Proposal - The company plans to issue corporate bonds with a total fundraising amount not exceeding RMB 2 billion, which will be determined based on the company's funding needs and market conditions [2][4]. - The bonds will have a face value of RMB 100 and will be issued at par [2][4]. - The issuance will target professional investors and will not prioritize existing shareholders for allocation [2][4]. Group 2: Bond Characteristics - The proposed bond term will not exceed 10 years, with flexibility for single or multiple maturities based on market conditions [3][4]. - The bonds will be fixed-rate, with interest calculated annually using simple interest [4]. - The specific interest rate will be determined based on market conditions and discussions with the lead underwriter [4]. Group 3: Fund Utilization and Security - Proceeds from the bond issuance will be used to repay existing debt and supplement working capital, with specific allocations to be determined by the board [4][5]. - The bonds will be issued without collateral, and the company will implement measures to ensure timely repayment [5][6]. Group 4: Authorization and Governance - The company seeks authorization from the shareholders' meeting for the board to manage all aspects of the bond issuance, including adjustments to terms and conditions as necessary [7][8]. - The authorization will be valid for 24 months from the date of approval by the shareholders' meeting [8].