China Railway Construction Corporation (01186) plans to issue no more than 3 billion yuan of callable corporate bonds.

China Railway Construction Corporation (01186) issued a notice that China Railway Construction Corporation Limited will publicly issue technology innovation renewable corporate bonds (first tranche) targeted at professional investors in 2026 with a total size not exceeding RMB 3 billion (including RMB 3 billion), each with a face value of 100 yuan and an issue price of 100 yuan per share. This tranche of bonds is divided into two types: Type one has a cycle of 5 interest-paying years, at the end of each cycle, the issuer has the right to choose to extend the maturity of type one bonds for an additional cycle (i.e., 5 years), or choose to fully redeem the bonds at the end of the cycle; Type two has a cycle of 10 interest-paying years, at the end of each cycle, the issuer has the right to choose to extend the maturity of type two bonds for an additional cycle (i.e., 10 years), or choose to fully redeem the bonds at the end of the cycle. The bond code for type one bonds is 244907, with the bond abbreviation: CRCC YK37; the bond code for type two bonds is 244908, with the bond abbreviation: CRCC YK38.