CNBM (03323) issued 1 billion yuan technology innovation corporate bonds.

CNBM (03323) announced that the company will issue technology innovation corporate bonds (fourth series) to professional investors in 2024. The bonds will be issued through offline inquiry and allocation to professional institutional investors. The issuance was completed on September 20, 2024. The first variety of bonds was not actually issued, while the second variety was issued with a total amount of 1 billion RMB, subscription multiple of 3.13 times, and a final coupon rate of 2.19%.