China Railway Construction Corporation (01186) plans to issue no more than 4.5 billion yuan of renewable corporate bonds.

China Railway Construction (01186) announced that the company plans to issue China Railway Construction Limited shares on December 24, 2025 (T day) and December 25, 2025 (T+1 day). In 2025, the company will publicly issue the fifth phase of technology innovation renewable corporate bonds for professional investors. The size of this bond issue will not exceed 4.5 billion yuan (including 4.5 billion yuan), divided into two types, each with a face value of 100 yuan and an issue price of 100 yuan per bond. The net proceeds from the fundraising will be used entirely for production expenditures, including debt repayment, supplementing working capital, and other purposes in compliance with legal requirements.