Guangzhou Development: Intends to apply for the issuance of no more than 6 billion yuan super short-term commercial papers and no more than 8 billion yuan medium-term notes.

The Guangzhou Development Announcement states that the company intends to apply for registration with the National Association of Financial Market Institutional Investors and issue on a rolling basis in China short-term financing bonds with a principal balance not exceeding 6 billion yuan and medium-term notes with a total amount not exceeding 8 billion yuan.