China Railway (00390) has completed the issuance of 3 billion yuan in corporate bonds for technological innovation (Phase IV).

China Railway (00390) announced that, according to the "Announcement of the Public Offering of Technology Innovation Corporate Bonds (Phase IV) by China Railway Co., Ltd. for Professional Investors in 2026," the period for the technology innovation corporate bonds (hereinafter referred to as "this issue of bonds") is 3 years. The issuance scale for this issue of bonds will not exceed RMB 3 billion (including RMB 3 billion). The issuance work for this issue of bonds was completed on August 13, 2026. The actual issuance scale of this issue of bonds (bond abbreviation: 26K4, code: 245816.SH) was RMB 3 billion, with a final coupon rate of 1.52% and a subscription multiple of 2.7267.