CNBM (03323) plans to issue corporate bonds not exceeding 2 billion yuan.

China Building Materials (03323) announced that the company plans to issue technology innovation corporate bonds (first tranche) for professional investors in 2026, with a maximum issuance size of 20 billion yuan (including 20 billion yuan). The first tranche of bonds is a 3-year fixed-rate bond, and the second tranche is a 5-year fixed-rate bond. The face interest rate of the first tranche of bonds is in the range of 1.40% to 2.40% (including the upper and lower limits), and the face interest rate of the second tranche of bonds is in the range of 1.50% to 2.50% (including the upper and lower limits). The funds raised from this tranche of bonds will be used to repay interest-bearing debts.