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On July 21, 2026, NAURA convened the fourth session of its ninth board of directors. During this meeting, a proposal was thoroughly reviewed and subsequently approved. The proposal pertains to the registration and issuance of two types of financing instruments: non-financial enterprise debt financing instruments, with an aggregate value not surpassing 8 billion yuan, and accounts receivable asset-backed commercial paper, with a total value capped at 4 billion yuan. This proposed financial move is contingent upon the approval of the company's inaugural extraordinary shareholders' meeting in 2026. Furthermore, it can only proceed after securing the green light from the National Association of Financial Market Institutional Investors, adhering to the established financial regulations and practices.
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