Jinmao (China) Investments Manager Limited and Jinmao (China) Hotel Investments and Management Limited pursuant to Rule 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong). Reference is made to the announcement dated 13 March 2020, which was jointly issued by the Trustee-Manager and the Company, in relation to the proposed issue of the medium-term notes by China Jin Mao (Group) Co. Ltd. The boards of directors of the Trustee-Manager and the Company are pleased to announce that China Jin Mao (Group) has completed the issue of the first tranche of the Mid-Term Notes for the year 2020 in the national inter-bank market in the People' s Republic of China on 19 March 2020. The principal amount of the MTN 2020 First Tranche is RMB 0.5 billion, with a maturity period of three years and an interest rate of 3.28% per annum. The MTN 2020 First Tranche was underwritten by China Bohai Bank Co. Ltd. The proceeds from the issue of the MTN 2020 First Tranche will be used to repay certain bank loans of China Jin Mao (Group).