CH MODERN D(01117) is affiliated with the issuance of domestic commercial paper in China.

CH MODERN D (01117) announced that its non-wholly-owned subsidiary CH MODERN D (Group) Limited (the issuer) has obtained approval from the Bank of China Interbank Market Dealers Association to issue RMB 200 million worth of domestic short-term financing bonds at an annual interest rate of 2.1% in the People's Republic of China for a period of 365 days. The short-term financing bonds have been issued to qualified domestic institutional investors in China. China Minsheng Banking Corporation Limited and Industrial Bank Co., Ltd. are the lead underwriter and joint lead underwriter for the issuance of the short-term financing bonds, respectively. The issuer has been rated AA+ by Golden Credit Rating International Co., Ltd. The funds raised will be used in the rural revitalization field, specifically for the purchase of silage and other feed for farmers in the areas surrounding the issuer's ranch and to repay bank loans or notes payable generated from such purchases of silage and feed.