Grandblue Environment announces redemption of 2023 medium-term notes

Grandblue Environment Co., Ltd. has announced the redemption of its 2023 first-tranche medium-term notes, identified as "23 Hanlan MTN001" with bond code 102383026. The total issuance amounted to CNY 500 million, carrying an interest rate of 2.94% for the current interest-bearing period. The scheduled redemption date for these notes is November 10, 2025.

The company stated that redemption funds for bonds held with China Central Depository & Clearing Co., Ltd. (CCDC) will be transferred to investors' designated bank accounts by CCDC on the redemption date, following the issuer's timely payment to CCDC. Should the redemption date fall on a statutory holiday, the payment date will be postponed to the next business day without additional interest during the delay.

Grandblue Environment emphasized the importance of bondholders updating their fund transfer paths with CCDC in advance to ensure prompt receipt of funds. The issuer and CCDC will not be held responsible for any losses incurred due to outdated or incorrect fund transfer information. Contact details for the issuer, China CITIC Bank Corporation Limited (as the continuous management institution), and CCDC (as the registration and custodianship institution) were provided for investor inquiries.