YUEXIU PROPERTY (00123) announced that on October 24, 2025, the issuer (the company's wholly-owned subsidiary, Yuxin International Limited), the company (as guarantor), and the joint lead managers entered into a subscription agreement. According to this agreement, the joint lead managers have individually and not collectively agreed to subscribe and pay, or facilitate subscription and payment by others for the green notes, and the issuer has agreed to issue the green notes on the issuance date to the joint lead managers or as directed by the joint lead managers. The green notes will be offered exclusively to professional investors. The issuer and the company will also apply to the Stock Exchange for approval to list the green notes, which will consist of RMB 2.85 billion of secured green notes at a rate of 3.30%, maturing in 2028. The total proceeds from the proposed issuance of green notes will amount to RMB 2.85 billion, intended to refinance certain medium to long-term foreign debts of the issuer, the company, and its subsidiaries that are due within one year.