CNBM (03323) plans to issue up to 2.1 billion yuan of technology innovation renewable corporate bonds.

CNBM (03323) announced that CNBM Corporation Limited will publicly issue the sixth series of technology innovation renewable corporate bonds for professional investors in 2025 (referred to as "this bond"). The issuance size of this bond will not exceed 21 billion yuan (including 21 billion yuan). This bond is intended for public offering to professional institutional investors and is planned to be listed on the Shanghai Stock Exchange. The bond series one is abbreviated as Building Materials YK21 with bond code 243954.SH; the bond series two is abbreviated as Building Materials YK22 with bond code 243955.SH. Bond series one is a 3+N year fixed-rate bond, and bond series two is a 5+N year fixed-rate bond. The face interest rate book-building range for bond series one is 1.50%-2.50% (including upper and lower limits), and for bond series two is 1.60%-2.60% (including upper and lower limits). The final face interest rate will be determined by the issuer and lead underwriter through book-building according to relevant national regulations.