CNBM (03323) 2026 Public Issuance of Science and Technology Innovation Renewable Corporate Bonds to Professional Investors (Second Tranche): The coupon rate for Variety 1 is 1.60%, and the coupon rate for Variety 2 is 1.70%.

CNBM (03323) announced that, with registration approval from the China Securities Regulatory Commission under Document No. [2026] 2087, CNBM Co., Ltd. (hereinafter referred to as the "Issuer") has been approved to publicly issue corporate bonds to professional investors with a total face value not exceeding RMB 10 billion, to be issued in tranches. Among these, the CNBM Co., Ltd. 2026 Public Issuance of Science and Technology Innovation Renewable Corporate Bonds to Professional Investors (Second Tranche) (hereinafter referred to as the "Current Bonds") has an issuance size not exceeding RMB 2 billion. The Current Bonds are divided into two varieties: Variety 1 has a term of 3+N years, and Variety 2 has a term of 5+N years. The Current Bonds include an inter-variety reallocation option, with no restriction on the reallocation ratio. Based on the subscription conditions for the Current Bonds, the Issuer and the bookrunner will decide through mutual agreement whether to exercise the inter-variety reallocation option within the total issuance size. On October 15, 2026, the Issuer and the lead underwriters conducted an offline coupon rate inquiry with professional institutional investors. Based on the offline inquiry results from professional institutional investors and through mutual agreement between the Issuer and the lead underwriters, the coupon rate for Variety 1 of the Current Bonds was ultimately determined to be 1.60%, and the coupon rate for Variety 2 was determined to be 1.70%. The Issuer will issue the Current Bonds offline to professional institutional investors on October 16, 2026 at the above coupon rates.