CNBM (03323) plans to issue no more than RMB 1.5 billion of renewable corporate bonds.

CNBM (03323) has issued an announcement that CNBM Co., Ltd. (hereinafter referred to as the "Issuer," the "Company," or "the Company") has obtained approval from the Shanghai Stock Exchange and registration from the China Securities Regulatory Commission under "Zheng Jian Xu Ke [2026] No. 2087" for the public issuance of renewable corporate bonds with a principal amount not exceeding RMB 10 billion (hereinafter referred to as the "Current Bonds") to professional investors. CNBM Co., Ltd.'s 2026 public issuance of technology innovation renewable corporate bonds (first tranche) to professional investors (hereinafter referred to as the "Tranche Bonds") is the first tranche issuance under the Current Bonds, with an issuance size not exceeding RMB 1.5 billion (inclusive of RMB 1.5 billion). The Tranche Bonds are intended to be publicly issued to professional institutional investors and listed on the Shanghai Stock Exchange. The bond abbreviation for Variety One of the Tranche Bonds is Jian Cai YK23, with bond code 246153.SH; the bond abbreviation for Variety Two is Jian Cai YK24, with bond code 246154.SH. The issuance size of the Tranche Bonds by the Issuer shall not exceed RMB 1.5 billion (inclusive of RMB 1.5 billion). Each bond has a face value of RMB 100, and the issuance price is RMB 100 per bond. The Issuer and the lead underwriter will determine the actual issuance size based on subscription conditions. The bookbuilding range for the coupon rate of Variety One of the Tranche Bonds is 1.20%-2.20%% (inclusive of upper and lower limits), and the bookbuilding range for the coupon rate of Variety Two is 1.30%-2.30%% (inclusive of upper and lower limits). The final coupon rate will be determined by the Issuer and the lead underwriter through bookbuilding in accordance with relevant national regulations. The Issuer and the lead underwriter will conduct bookbuilding inquiries from professional institutional investors on September 29, 2026 (T-1 Day), and determine the final coupon rate of the Tranche Bonds based on the inquiry results.