SHANXI INSTALL (02520) recommends that the company issue domestic bonds and obtain approval from the China Securities Regulatory Commission.

SHANXI INSTALL (02520) announces that the company has recently received the approval from the China Securities Regulatory Commission (CSRC) for the public issuance of corporate bonds to professional investors by Shanxi Installation Group Co., Ltd. The main contents of the approval are as follows: 1. Approval for the company to apply for the public issuance of corporate bonds with a total face value not exceeding RMB 1.35 billion to professional investors. 2. The issuance of corporate bonds should strictly follow the fundraising prospectus submitted to the Shanghai Stock Exchange. 3. This approval is valid for 24 months from the date of registration approval, and the company can issue corporate bonds in stages during the registration validity period. 4. In case of any major events occurring from the date of registration approval to the end of the corporate bond issuance, the company should promptly report and handle them in accordance with relevant regulations.