Group 1 - The Shanghai Stock Exchange announced the listing of Huaihua City Urban Development Group Co., Ltd.'s non-public issuance of corporate bonds for professional investors, with the first phase set to be listed on December 12, 2025 [1][2] - The bonds will be traded using various methods including click transaction, inquiry transaction, competitive bidding transaction, and negotiated transaction [2] - The bond is designated with the short name "25 Huai Fa 01" and the security code "280957" [2]