Country Investment Fund: Approved to publicly issue corporate bonds with a total face value of no more than 9 billion yuan to professional investors.

Announcement from State Investment Corporation: Recently, the company received the approval from the China Securities Regulatory Commission for the registration of public issuance of corporate bonds to professional investors by State Investment Corporation. The approval allows the company to register the application for public issuance of corporate bonds with a total face value not exceeding 9 billion RMB to professional investors. This issuance of corporate bonds must strictly comply with the fundraising prospectus submitted to the Shanghai Stock Exchange. The approval is valid for 24 months from the date of registration approval, and the company can issue the corporate bonds in installments within the registration validity period.