JD-SW (09618) completed the issuance of RMB 10 billion worth of preferred notes.

JD-SW (09618) announces that the Company has completed the issuance of RMB 10 billion in principal amount of RMB-denominated senior unsecured notes (the "Notes"). The Notes were issued to several non-U.S. persons outside the United States in offshore transactions pursuant to Regulation S under the U.S. Securities Act of 1933, as amended. The Notes issuance includes RMB 7.5 billion 2.05% notes due in 2031 and RMB 2.5 billion 2.75% notes due in 2036. The Company intends to use the net proceeds from the Notes issuance for general corporate purposes, including repaying certain existing debts and paying interest.