The company announced it would issue CNY 2bn ($326.5m) of 180-day bills on Wednesday.
The cash will be used for working capital and to repay bank loans.
The interest rate for the unsecured notes will be determined during book-building.
The deal is being underwritten by China CITIC bank and China Construction Bank.
The company has registered a potential CNY 20bn of notes for sale from time to time.
China
