Yuexiu Real Estate Investment Trust $(REIT)$ announced the completion of an issuance of RMB600,000,000 medium-term bonds in the People's Republic of China. The bonds, with a three-year tenor, were issued with a coupon rate of 2.7%. This move will increase Yuexiu REIT's gearing ratio temporarily but will keep it below 50%, compared to the 47.5% ratio at the end of 2024. The net proceeds of approximately RMB599.4 million from these bonds are intended to replace certain existing indebtedness, aiming to stabilize the gearing ratio to previous levels within two weeks. The announcement was made by Yuexiu REIT Asset Management Limited, with key executive figures including Ms. OU Haijing and Mr. LIN Deliang. This issuance is part of ongoing financial management strategies and does not involve multiple organizations in terms of grant or funding.