China Galaxy (06881) has completed the issuance of the fifth short-term financing notes for the year 2025.

China Galaxy (06881) announces that at the 2025 First Extraordinary General Meeting of Shareholders held on February 17, 2025, the Company passed the revision of the authorization scheme for the Board of Directors by the General Meeting of Shareholders, authorizing the Board of Directors to issue debt financing instruments with a total issuance size not exceeding 350% of the Company's most recent audited net assets. The Board of Directors is pleased to announce that, in accordance with the above shareholder authorization, the Company has completed the issuance of the 2025 Fifth Tranche of Short-term Financing Bonds (the current bonds) on March 12, 2025. The issuance size of the current bonds is RMB 3 billion, with a face value and issue price of RMB 100 per unit. The term of the current bonds is 184 days, with a final coupon rate of 2.07%. The funds raised from the issuance of the current bonds will be used to supplement the Company's working capital.