Rizhao Port: Announcement on Providing Guarantee for the Non-public Issuance of Corporate Bonds by Its Wholly-Owned Subsidiary

2026-02-27 22:31:31

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Securities Daily News reported that on February 25, Rizhao Port announced that on February 25, 2026, the company will hold the 22nd meeting of the eighth board of directors to review and approve the proposal for providing guarantees for the private issuance of corporate bonds by its wholly-owned subsidiary. According to the business development needs of Rizhao Port Container Development Co., Ltd. (referred to as “Jifa Company”), to expand financing channels and optimize the financing structure, Jifa Company plans to apply for a private issuance of corporate bonds not exceeding RMB 3 billion (including 3 billion RMB) from professional investors. To ensure the smooth issuance of these bonds, the company intends to provide a total guarantee limit of no more than RMB 3 billion (including 3 billion RMB) for the bonds, with the guarantee period based on the actual issuance period of the bonds. This proposal still needs to be submitted for shareholder approval.

(Edited by Ren Shibi)

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