Yuexiu Transport Infrastructure raises RMB400m from commercial paper issuance

Yuexiu Transport Infrastructure Limited announced the completion of its 2025 First Tranche Super Short-term Commercial Paper issuance in the PRC, raising RMB400,000,000. The commercial paper, issued on November 5, 2025, carries a coupon rate of 1.56% and has a term of 180 days. This issuance is part of the company's broader strategy to register multiple types of debt financing instruments with an aggregate amount of RMB15,000,000,000.

The company received an "AAA" credit rating from China Chengxin International Credit Rating Co., Ltd. The funds generated from this issuance will be primarily used to repay existing loans of the company's subsidiaries, reinforcing the company's financial health. The board considers this issuance to be in the ordinary course of business, aimed at keeping investors informed of its operational and financial developments.

This announcement follows previous disclosures detailing the company's application for unified registration of debt financing instruments and the approval and issuance of the 2025 Phase I Medium Term Notes. The board of directors includes Liu Yan (chairman), Yao Xiaosheng, Chen Jing, Cai Minghua, and Pan Yongqiang as executive directors, with Yu Tat Fung serving as company secretary.