CGS (06881) announced that at the first extraordinary general meeting of shareholders held on February 17, 2025, the company approved amendments to the authorization plan for its board of directors. Accordingly, the shareholders' meeting authorized the board to issue debt financing instruments with a total issuance scale not exceeding 350% of the company's latest audited net assets.

Pursuant to the above authorization, the company has successfully issued the 26th tranche of short-term financing bills for 2025 on November 12, 2025. The issuance size of this tranche amounts to RMB 4 billion, with both the face value and issuance price set at RMB 100 per unit. The bills have a maturity period of 215 days and a final coupon rate of 1.66%.

The proceeds from this issuance will be used to supplement the company's working capital.