SHANXI INSTALL (02520) has announced the completion of its corporate bond issuance targeting professional investors. The bond, designated as the first tranche of the 2026 offering, was issued on February 9, 2026, with a total value of RMB 500 million. Each unit has a face value of RMB 100 and was issued at a price of RMB 100 per note, carrying a coupon rate of 2.49%. The bond's interest accrual begins on February 9, 2026. Proceeds from the issuance will be used to repay the company's maturing debt.