On the morning of October 28, Meituan announced on the Hong Kong Stock Exchange that the company and the initial buyer had signed a purchase agreement for the issuance of notes. The total proceeds from the issuance of the notes will be RMB 8 billion before deducting underwriting commissions and certain estimated sale expenses. Subject to the fulfillment of certain conditions contained in the purchase agreement, the company will issue the 2021 RMB notes with a total principal amount of RMB 4.5 billion and the 20236 RMB notes with a total principal amount of RMB 3.5 billion, unless they are redeemed in advance in accordance with the terms of the notes. The company plans to use the net proceeds from the issuance of the notes mainly for refinancing existing offshore debts and other general corporate purposes.

On the morning of October 28, Meituan announced on the Hong Kong Stock Exchange that the company and the initial buyer had signed a purchase agreement for the issuance of notes. The total proceeds from the issuance of the notes will be RMB 8 billion before deducting underwriting commissions and certain estimated sale expenses. Subject to the fulfillment of certain conditions contained in the purchase agreement, the company will issue the 2021 RMB notes with a total principal amount of RMB 4.5 billion and the 20236 RMB notes with a total principal amount of RMB 3.5 billion, unless they are redeemed in advance in accordance with the terms of the notes. The company plans to use the net proceeds from the issuance of the notes mainly for refinancing existing offshore debts and other general corporate purposes.