Xincheng Holding Group Co., Ltd. announced that it will issue corporate bonds totaling no more than 400 million yuan. It is divided into two varieties. The distribution scale for variety 1 does not exceed RMB 300 million; the distribution scale for variety 2 does not exceed RMB 100 million. After deducting the issuance fee, the funds raised in this issue are intended to be used to replace the issuer's own funds to repay the principal amount of the “23 Xincheng 01” corporate bonds already issued by the company.

Xincheng Holding Group Co., Ltd. announced that it will issue corporate bonds totaling no more than 400 million yuan. It is divided into two varieties. The distribution scale for variety 1 does not exceed RMB 300 million; the distribution scale for variety 2 does not exceed RMB 100 million. After deducting the issuance fee, the funds raised in this issue are intended to be used to replace the issuer's own funds to repay the principal amount of the “23 Xincheng 01” corporate bonds already issued by the company.