HENGAN INT'L (01044) has announced the successful issuance of its second tranche of ultra-short term financing notes totaling 2 billion yuan. The notes, issued on February 9, 2026, carry an annual coupon rate of 1.81% with a maturity period of 179 days. Following this issuance, the company maintains an unused quota of 1.8 billion yuan for approved debt financing instruments. Proceeds from the offering will be allocated toward supplementing working capital for the company and its subsidiaries, as well as repaying existing debts and bank loans held by certain domestic subsidiaries.