CTF Services Limited has announced that it has applied to the National Association of Financial Market Institutional Investors for the registration and proposed issue of debt financing instruments under the 2026 Panda Bond Programme. The company is seeking approval for the registration of debt financing instruments in an aggregate amount of up to RMB5 billion, to be issued in multiple tranches within two years upon receipt of the notice of acceptance of registration. The 2026 Panda Bonds, if issued, will be traded on the China Interbank Bond Market. The coupon rate will be determined through a centralised book-building process and the timing, period, and size of each issuance will depend on prevailing market conditions. Documents related to the application are available on the designated website of the Association (http://zhuce.nafmii.org.cn/fans/publicQuery/manager).

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CTF Services Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260114-11990088), on January 14, 2026, and is solely responsible for the information contained therein.