CHINA WATER (00855): Suggest issuing guaranteed blue bonds.

CHINA WATER (00855) announced that the company proposes to issue bonds to several institutional investors, which will be guaranteed by CGIF unconditionally and irrevocably. The pricing of the bonds, including the principal amount, tender price, and interest rate, will be determined through a bookbuilding process conducted by Morgan Stanley, CICC, and Barclays (as joint global coordinators), along with HSBC and CITIC BANK (International) (as joint global coordinators, joint bookrunners, and joint lead managers). It is expected that after finalizing the terms of the bonds, agreements will be entered into with Morgan Stanley, CICC, Barclays, HSBC, CITIC BANK (International), the company, and the guarantor. If the bonds are issued, the proceeds from the tender sale of the bonds are intended to be used to repay certain offshore debts and in accordance with the company's green financing framework. The company has applied to list the bonds on the Stock Exchange of Hong Kong. The Stock Exchange of Hong Kong assumes no responsibility for the accuracy of any statements or opinions in this announcement. The approval of the bonds for listing on the Stock Exchange of Hong Kong does not constitute a confirmation of success for the company, CGIF, or the bonds. The bonds are not (and will not) seek a listing in Hong Kong.