Tianshan Co., Ltd.: Intends to apply for registration of medium-term notes not exceeding 10 billion yuan

On September 24, Tianshan shares announced that the company intends to apply to the China Association of Interbank Market Traders for registration of medium-term notes with a total size of no more than 10 billion yuan (including). After successful registration, it will be issued at an appropriate time depending on the market interest rate and the company's capital needs. The

application for registration and issuance of the medium-term notes will help to meet the capital needs of the Company, broaden financing channels, reduce financing costs and adjust liquidity of funds. There will be no adverse impact on the normal production and operation of the Company, no damage to the interests of the Company and its shareholders, and no impact on the independence of the Company's business.