Core Points - The company, Zhejiang Merchants Zhongtu Group Co., Ltd., has received a no-objection letter from the Shenzhen Stock Exchange regarding its application for a non-public issuance of perpetual corporate bonds, with a total amount not exceeding 2 billion yuan [1][2]. Group 1 - The company held its eighth board meeting and the second extraordinary general meeting on August 21 and September 9, 2025, respectively, where it approved the proposal to apply for the registration of the non-public issuance of perpetual corporate bonds [1]. - The Shenzhen Stock Exchange confirmed that the issuance of perpetual corporate bonds with a face value not exceeding 2 billion yuan complies with the listing conditions, and the no-objection letter is valid for 12 months from the date of issuance [1][2]. Group 2 - The company will handle the bond issuance in accordance with relevant laws and regulations, as well as the requirements outlined in the no-objection letter, and will fulfill its information disclosure obligations in a timely manner [2].

Core Points - The company, Zhejiang Zhongtuo, has announced plans to apply for a registration of a renewable corporate bond totaling no more than 2 billion yuan [1] - The board of directors and the shareholders' meeting have approved the issuance of the bond [1] - The company has received a "No Objection Letter" from the Shenzhen Stock Exchange, confirming that the issuance of the bond meets the listing conditions [1] - The "No Objection Letter" is valid for 12 months from the date of issuance, and the company will proceed with the issuance process and disclose information as required [1]