Group 1 - The Shanghai Stock Exchange announced the listing of the third phase of the non-public issuance of corporate bonds by Fangchenggang Cultural Tourism Group Co., Ltd. aimed at professional investors, scheduled for December 1, 2025 [1][2] - The bonds will be traded under the name "25 Fanglv 04" with the security code "280796" and will utilize various trading methods including click transaction, inquiry transaction, bidding transaction, and negotiated transaction [2]