Trading Arrangement Notices
HS TOUR B2807<05711> - New Listing

Market participants are requested to note that dealings
in the 4.7 per cent. bonds due July 2028 issued by
Huangshan Tourism Group Co., Ltd. will commence on Tuesday,
08/07/2025 under the following particulars:-

Stock Code  Stock Short Name     Denomination     Trading Currency
----------  ----------------     ------------     ----------------
5711        HS TOUR B2807        USD200,000       USD
                                 or 2,000 units