China Galaxy (06881) has successfully issued 1 billion yuan in technology innovation corporate bonds.

China Galaxy (06881) announced that the company has received approval from the China Securities Regulatory Commission to publicly issue technology innovation corporate bonds with a total face value not exceeding RMB 5 billion to professional investors. The board of directors is pleased to announce that, based on the authorization of the shareholders and the approval of the China Securities Regulatory Commission, the company has completed the public issuance of the 2026 Science and Technology Innovation Corporate Bonds (Series 1) to professional investors on March 23, 2026. The issuance size of this tranche is RMB 1 billion, with a face value and issuance price of RMB 100 per unit. The maturity of this tranche is 3 years, with a final coupon rate of 1.79%. At least 70% of the funds raised from this tranche of bonds are intended to be used to support technology innovation businesses through equity, bond, fund investments, and the remaining portion is intended to be used for supplementary working capital and other purposes in compliance with laws and regulations.