Zhongding Group successfully issued the first phase of technology innovation bonds worth 500 million yuan.

Zhongding Group announced that the company had previously received approval from the Securities Association to register for medium-term notes in the amount of 1 billion yuan with a validity period of 2 years. The first phase of the 2025 technology innovation bonds was issued from November 7th to 10th, with an amount of 500 million yuan, a term of 3 years, an interest rate of 1.88%, underwritten by Citi Bank, with several other banks acting as joint underwriters, and November 11th as the payment date. As of the date of the announcement, all funds raised have been received.