Lingyun Industrial gets approval for RMB1 bn medium-term notes

Lingyun Industrial Corporation announced its application for the registration of medium-term notes has been approved by the National Association of Financial Market Institutional Investors. The approval allows the company to register and issue medium-term notes worth up to RMB 1 billion. This financing plan was initially approved during the company's 2024 annual general meeting held on May 20, 2025.

The approved registration is valid for two years from the date of the notification letter and will be primarily underwritten by Bank of China Limited. Lingyun Industrial plans to issue these medium-term notes in phases within the registration period, adhering to relevant regulatory requirements and market conditions. For any subsequent offerings, the company is required to file with the NAFFMII beforehand and disclose the issuance results through approved channels.

The company will fulfill its information disclosure obligations as per regulations, aligning with the requirements of the "Notice of Acceptance of Registration" and its capital needs.