China Merchants Port Group to issue RMB 2bn in ultra-short-term bonds

China Merchants Port Group Co., Ltd. announced the public issuance of its 2025 second tranche of ultra-short-term financing bonds on the national interbank bond market on November 12, 2025. The issuance amount will be RMB 2 billion, with a term of 267 days and a face value of RMB 100 per bond. China Merchants Bank Co., Ltd. will serve as the lead underwriter, with China Construction Bank Corporation and Industrial and Commercial Bank of China Limited acting as joint lead underwriters.

The funds raised are earmarked to supplement the company's and its subsidiaries' working capital and to repay maturing debts. The registration for the company's debt financing instruments was approved by the National Association of Financial Market Institutional Investors on December 29, 2023, valid for two years.

Further details regarding the issuance were published on November 11, 2025, on the Shanghai Clearing House website and China Money Network. The company commits to timely information disclosure concerning subsequent work related to this issuance, in accordance with relevant regulations.