China Merchants Port Group to issue RMB 2 bn in medium-term notes

China Merchants Port Group Co. announced the public issuance of its first tranche of medium-term notes for 2025 on the national interbank bond market on November 7, 2025. The total offering amount is RMB 2 billion, with a tenor of 3 years and a par value of RMB 100 per note.

The proceeds from this issuance will be used to supplement the company's and its subsidiaries' working capital and to repay maturing debts. China Construction Bank Corporation will serve as the lead underwriter, with Industrial and Commercial Bank of China Limited and China Merchants Bank Co. acting as joint lead underwriters.

This issuance follows the China Interbank Market Dealers Association's approval of the company's debt financing instrument registration, disclosed on December 29, 2023. The registration is valid for two years from the date of the notice. Related documents for this medium-term note issuance can be found on the Shanghai Clearing House website and China Money website as of November 6, 2025. The company pledges to timely disclose information concerning subsequent post-issuance activities in accordance with relevant regulations.