CNBM (03323): The company will issue technology innovation corporate bonds (first tranche) publicly to professional investors in 2025. The face interest rate is 1.74%.

CNBM (03323) announced that the company will publicly issue technology innovation corporate bonds (first tranche) for professional investors in 2025, with an issuance size of up to 2 billion Yuan. This tranche of bonds is divided into two varieties, with the first variety having a maturity of 3 years, and the second variety having a maturity of 5 years. Based on the inquiry results of offline professional institutional investors, and after negotiations between the issuer and lead underwriter, the final coupon rates for the first variety of bonds are set at 1.74%, and for the second variety at 1.87%.