Guangzhou Port Announcement: According to relevant laws and regulations, the company meets the conditions for public issuance of corporate bonds and has the qualification to publicly issue corporate bonds to professional investors. The board of directors has approved the registration and issuance of corporate bonds not exceeding 10 billion yuan. The raised funds, after deducting issuance expenses, are intended to be used for repayment and replacement of interest-bearing debt, supplementary working capital, project construction, capital injection to subsidiary companies, and other purposes allowed by laws and regulations.