Gelonghui, April 18 | China Reserve Co., Ltd. (600787.SH) announced that the company held the 22nd meeting of the 9th board of directors on April 17, 2024 to review and pass the “Proposal on Registration and Issuance of Ultra-Short-Term Financing Notes”. In order to further expand the company's financing channels, optimize the financing structure, and reduce financial costs, according to the relevant regulations of the People's Bank of China's “Administrative Measures on Non-financial Corporate Debt Financing Instruments in the Interbank Bond Market” and “Non-financial Enterprise Debt Financing Instrument Registration and Issuance Rules”, etc., the company decided to apply for registration and issuance of no more than RMB 20 with the China Interbank Market Dealers Association 100 million yuan ultra-short-term financing notes.