Core Viewpoint - The company successfully issued and redeemed its second short-term financing bond for 2025, demonstrating its ability to manage debt financing effectively [1][2]. Group 1: Financing Details - The company received approval for debt financing tools with a registration validity of 2 years, as per the notice from the China Interbank Market Dealers Association [1]. - The second short-term financing bond (25招商公路SCP002) was issued on October 15, 2025, with a total scale of 1.5 billion yuan and a maturity of 90 days, at an interest rate of 1.64% [1]. - The bond matured on January 14, 2026, and the company paid back both the principal and interest on the due date [2]. Group 2: Disclosure and Compliance - The company and its board guarantee the accuracy and completeness of the information disclosed, ensuring there are no false records or misleading statements [1]. - The announcement regarding the bond redemption was made available on the China Money website and the Shanghai Clearing House website [2]. Group 3: Corporate Governance - The announcement was officially made by the board of directors of the company on January 14, 2026, reflecting the company's commitment to transparency and governance [3].