CHENGDU EXPWAY (01785) announced its plan to issue the first tranche of its 2025 Rural Revitalization Corporate Bonds (Chengdu-Chongqing Economic Circle) targeting professional investors. The issuance period is set from December 12 to December 15, 2025, with a total offering size not exceeding RMB500 million (inclusive). The bonds will have a 5-year maturity, a par value of RMB100, and will be issued at par. Proceeds from the bond issuance will be allocated for equity investments.