Group 1 - The company, Hengan International (01044.HK), has completed the issuance of the second phase of ultra-short-term financing bonds amounting to RMB 2 billion, with a coupon rate of 1.81% and a term of 179 days [1] - Following the completion of this issuance, there remains an approved but unissued debt financing tool amounting to RMB 1.8 billion [1] - As of February 9, 2026, Hengan International's stock closed at HKD 28.74, reflecting an increase of 0.42% with a trading volume of 2.5902 million shares and a turnover of HKD 74.5495 million [1] Group 2 - The stock rating from investment banks is predominantly "buy," with one bank issuing a buy rating in the last 90 days and a target average price of HKD 30 [1] - CITIC Securities has recently provided a report giving Hengan International a buy rating with a target price of HKD 30 [1] - Hengan International has a market capitalization of HKD 33.223 billion, ranking second in the paper manufacturing industry [1]

Core Viewpoint - The company, Hengan International (01044), has successfully issued its second phase of ultra-short-term financing bonds amounting to RMB 2 billion with an annual interest rate of 1.81% for a duration of 179 days [1] Group 1 - The proceeds from the second phase of ultra-short-term financing bonds are intended to supplement the company's and its subsidiaries' working capital and to repay the company's debts and some bank loans of domestic subsidiaries [1] - The company has an additional RMB 1.8 billion in approved but unissued debt financing instruments [1]

Core Viewpoint - The company, Hengan International (01044), has successfully issued the second phase of ultra-short-term financing bonds amounting to RMB 2 billion with an annual interest rate of 1.81% for a duration of 179 days [1] Group 1: Financing Details - The second phase of ultra-short-term financing bonds was completed on February 9, 2026 [1] - The remaining approved but unissued debt financing tools amount to RMB 1.8 billion [1] Group 2: Use of Proceeds - The proceeds from the issuance are intended to supplement the company's and its subsidiaries' working capital and to repay the company's debts and some bank loans of domestic subsidiaries [1]

Group 1 - The company, Hengan International (01044), announced the completion of the issuance of the second phase of ultra-short-term financing bonds amounting to RMB 700 million [1] - The coupon rate for the bonds is set at 1.71% per annum [1] - The maturity period for the bonds is 278 days [1]