China Bond Financial Valuation Center Co., Ltd. will release the China Bond-Panda Bond Composite Index and the China Bond-Investment Preferred Panda Bond Index on September 16, 2026. The China Bond-Panda Bond Composite Index aims to characterize the overall development of the panda bond market. The constituent securities include the public issuance of panda bonds throughout the market. China Bond-Investment Preferred Panda Bond Index component securities include publicly issued panda bonds with a balance greater than or equal to 500 million yuan and a pending period of 1 month or more. The constituent securities must meet the requirements of an entity rating or debt rating of AA+ and an implicit rating of AA or above in the Chinese bond market. The details of the two indices are as follows: The China Bond-Panda Bond Composite Index includes sub-indices of 1 year or less, 1-3 years, 0-3 years, 0-5 years, and more; the China Bond-Investment Preferred Panda Bond Index includes sub-indices of 1 year or less, 1-3, 0-3 years, and 0-5 years. In principle, the components of the China Bond-Panda Bond Composite Index are adjusted on a daily basis, and in principle, the constituent shares of the China Bond-Investment Preferred Panda Bond Index are adjusted monthly.

China Bond Financial Valuation Center Co., Ltd. will release the China Bond-Panda Bond Composite Index and the China Bond-Investment Preferred Panda Bond Index on September 16, 2026. The China Bond-Panda Bond Composite Index aims to characterize the overall development of the panda bond market. The constituent securities include the public issuance of panda bonds throughout the market. China Bond-Investment Preferred Panda Bond Index component securities include publicly issued panda bonds with a balance greater than or equal to 500 million yuan and a pending period of 1 month or more. The constituent securities must meet the requirements of an entity rating or debt rating of AA+ and an implicit rating of AA or above in the Chinese bond market. The details of the two indices are as follows: The China Bond-Panda Bond Composite Index includes sub-indices of 1 year or less, 1-3 years, 0-3 years, 0-5 years, and more; the China Bond-Investment Preferred Panda Bond Index includes sub-indices of 1 year or less, 1-3, 0-3 years, and 0-5 years. In principle, the components of the China Bond-Panda Bond Composite Index are adjusted on a daily basis, and in principle, the constituent shares of the China Bond-Investment Preferred Panda Bond Index are adjusted monthly.