Xingfa Aluminium Holdings Limited (Stock Code: 98) announced that its indirect wholly owned subsidiary, Guangdong Xingfa Aluminium Co. Ltd., completed the issuance of the first tranche of 2026 medium-term notes on February 5, 2026. The tranche amounts to RMB300 million with a coupon rate of 2.13% and a three-year term.

Full registration for the medium-term notes program, totaling up to RMB2 billion, was accepted by the National Association of Financial Market Institutional Investors on December 1, 2025. The program remains valid for two years from that date, allowing issuance in one or more tranches on the National Inter-Bank Bond Market. Relevant issuance documents have been published on the websites of China Money, Shanghai Clearing House, and Beijing Financial Assets Exchange.