Shanghai Lingang: Approved to issue corporate bonds with a total face value of no more than 6 billion yuan to professional investors.

Shanghai Lingang Announcement: The company recently received approval from the China Securities Regulatory Commission to publicly issue corporate bonds with a total face value not exceeding 6 billion yuan to professional investors. The approval is valid for 24 months from the date of registration approval, and the company can issue corporate bonds in installments during the registration validity period. The company will handle the relevant matters of this corporate bond issuance within the authorized scope of the shareholders' meeting as required, and fulfill information disclosure obligations in a timely manner.