Sinotrans: intends to issue no more than 1.5 billion yuan of short-term financing bonds and no more than 800 million yuan of medium-term notes.

Announcement from SITWEI: the company plans to apply to the China Interbank Market Traders Association for the registration and issuance of short-term financing instruments not exceeding 1.5 billion yuan and medium-term notes not exceeding 800 million yuan, and will issue them in stages according to market conditions. The purpose of this issuance is to broaden financing channels, reduce financing costs, and meet the company's rapid development funding needs. The issuance plan includes the issuer, issuance date, issuance size, issuance term, issuance rate, and use of funds, among other details. The issuance rate will be comprehensively determined based on market conditions, and the funds will be used for production and operational activities, including repaying existing debts and supplementing working capital. The issuance matters still need to be reviewed by the shareholders' meeting and implemented after registration by the China Interbank Market Traders Association.