Shenzhen Expressway (00548) has announced plans for a bond issuance following the receipt of approval from the China Securities Regulatory Commission. The approval grants the company permission to publicly issue corporate bonds with a total face value of up to 8 billion yuan to professional investors. In line with this authorization, the company's board of directors intends to issue the first tranche of these bonds on January 6, 2026. This initial offering will be for a sum not exceeding 1.5 billion yuan (including 1.5 billion yuan) and will be targeted specifically at professional investors in the domestic market. The issuance of this first tranche of corporate bonds will be managed in strict accordance with relevant laws and regulations, the stipulations of the approval documents, and the authority granted by the company's shareholders' general meeting.