BBMG Corporation (02009) intends to apply for a shelf issuance of commercial real estate mortgage-backed securities.

BBMG Corporation (02009) announced that in order to activate the company's existing assets, optimize its capital structure, further broaden financing channels, and enhance asset operation efficiency, Beijing BBMG Corporation Limited intends to apply for the issuance of Commercial Mortgage-Backed Securities (CMBS) to support loans. The specific details are as follows: (1) Issuance Size: The company plans to use properties held by the company or its subsidiaries as underlying assets for the issuance of CMBS, with a total issuance size not exceeding RMB 5 billion (including). The specific issuance size is subject to approval. This CMBS issuance is intended to use assets such as Tengda Building, Jingyu High-Tech Park, and Shenzhen New Industries Biomedical Engineering Park as underlying assets. (2) Number of Issuances: Not exceeding 5 tranches (including). (3) Issuance Term: The term of each tranche of issuance shall not exceed 18 years (including) (subject to final approval), with an open period every 3 years (or 5 years) (subject to final approval), including the right to adjust the face interest rate and investor put options. (4) Issuance Method: After the company's CMBS products receive a letter of no objection, they will be issued in stages, with each tranche issued based on the company's financial situation and market conditions within the validity period of the no objection letter. (5) Issuance Interest Rate: The issuance of each tranche of the company's CMBS products will be based on market conditions at the time of issuance within the approved amount of the letter of no objection, with the final interest rate determined based on the book building issuance results. The repayment method for each tranche shall be determined based on the company and property's own circumstances.