On March 1, country garden announced that country Garden Real Estate Group Co., Ltd., a wholly-owned subsidiary of the company, had received the notice of acceptance of registration issued by Bank Of China Limited(601988) inter market dealers association on February 25, 2022, which said that the medium-term notes with a total principal of 5 billion yuan to be issued by Country Garden real estate in China had been approved for registration.
The announcement shows that the above-mentioned medium-term note registration limit is valid for two years from the date of the notice. Country Garden real estate can issue medium-term notes in installments within the validity period of registration. After the issuance, Country Garden real estate shall disclose the issuance results through the channels recognized by the dealers' Association.