Longfor's issuance of over 2.7 billion yuan in corporate bonds accepted; proceeds intended to support repayment of 10 bonds.

The bond project information platform of the Shanghai Stock Exchange shows that Chongqing Longhu Enterprise Expansion Co., Ltd. plans to publicly issue corporate bonds worth RMB 2.73 billion to professional investors, and the project has been accepted. The draft prospectus submitted for declaration shows that after deducting issuance expenses, the proceeds from this bond issuance are intended to be used entirely to repay the principal of corporate bonds or to replace self-owned funds used to repay corporate bonds.