Trading Arrangement Notices
SXSY CIO N2903<40093> - New Listing

Market participants are requested to note that dealings in the
3.9 per cent. notes due March 2029 issued by Shaoxing Shangyu
State-owned Capital Investment and Operation Co., Ltd. will
commence on Friday, 06/03/2026 under the following particulars:-

Stock Code  Stock Short Name     Denomination     Trading Currency
----------  ----------------     ------------     ----------------
40093       SXSY CIO N2903       USD200,000       USD
                                 or 2,000 units