Core Viewpoint - The announcement details the successful issuance of a short-term corporate bond by Huaxin Securities, a wholly-owned subsidiary of Shanghai Huaxin Co., Ltd, aimed at professional investors, with a total issuance size of 800 million RMB and a maturity of 330 days at a coupon rate of 1.75% [1][2]. Group 1 - The bond issuance was completed on November 20, 2025, with an actual issuance scale of 800 million RMB [1]. - The bond has a maturity period of 330 days and a coupon rate set at 1.75% [1]. - The issuance was conducted in accordance with the approval from the China Securities Regulatory Commission [1]. Group 2 - The results of the bond issuance were disclosed on the Shanghai Stock Exchange website [2]. - The announcement was officially made by the Board of Directors of Shanghai Huaxin Co., Ltd on November 21, 2025 [3].

Core Points - Huaxin Co., Ltd. announced the completion of the issuance of short-term corporate bonds aimed at professional investors, with a total issuance size of RMB 800 million [1] - The bonds have a maturity of 330 days and a coupon rate of 1.75% [1] - The approval for this issuance was granted by the China Securities Regulatory Commission [1]