On November 1, Hangzhou Commerce and Tourism Group Co., Ltd. announced the redemption arrangement of the first phase of ultra short term financing bills in 2022.

The bond issued amount is 1 billion yuan, the value date is February 16, 2022, the issuance period is 270 days, and the payment date is November 13, 2022. The debt balance is 1 billion yuan, the subject rating is AAA, and the debt interest rate of this interest period is 2.25%. The amount of principal and interest payable in the current period is 1016.6438 million yuan.

Hangzhou Commerce and Tourism Group Co., Ltd., founded in August 2012, was jointly established by the former Hangzhou Commercial Assets Management Company and Hangzhou Tourism Group, two state-owned wholly-owned enterprises, with a registered capital of 900 million people currency 。 The Group has business circulation, cultural tourism, food production, public services, education and health finance investment Six major industrial sectors, including commercial retail, catering services, hotels, tourism services, food processing, professional markets, property management, cultural creativity and security services.