HENGAN INT'L (01044) completes the issuance of 500 million yuan of the fourth tranche of commercial paper.

HENGAN INT'L (01044) announced that on October 21, 2025, the company has successfully issued the fourth tranche of RMB 500 million worth of short-term financing bonds, with a face interest rate of 1.77% per annum and a duration of 269 days. Following the completion, the remaining approved but unissued debt financing instruments amount to RMB 4.3 billion. The proceeds from the issuance of the fourth tranche of short-term financing bonds are intended to be used to supplement the operational funds of the company and its subsidiaries and to repay part of the bank loans of certain domestic subsidiaries.