China Railway Construction Corporation (01186) has issued 3 billion yuan of corporate bonds for technology innovation.

China Railway Construction Corporation (01186) has announced that, according to the "Announcement of Public Issuance of Technology Innovation Corporate Bonds (First Tranche) for Professional Investors in 2026 by China Railway Construction Corporation Limited", the total issuance size of the Technology Innovation Corporate Bonds (First Tranche) to be publicly issued to professional investors by China Railway Construction Corporation Limited in 2026 will not exceed RMB 3 billion (including RMB 3 billion). The bonds are divided into two categories, with Category One having a term of 15 years and Category Two having a term of 20 years. The issuance of these bonds was completed on May 25, 2026. The actual issuance size for Category One was RMB 2 billion, with a final coupon rate of 2.37% and a subscription multiple of 1.925 times. The actual issuance size for Category Two was RMB 1 billion, with a final coupon rate of 2.49% and a subscription multiple of 1.62 times.