Zhaojin Mining (01818.HK) 2026 public issuance of science and technology innovation corporate bonds (second tranche) to professional investors, Type 2, has a coupon rate of 1.56%.

Zhitong Finance APP News, Zhaojin Mining (01818.HK) announced that, approved for registration by the China Securities Regulatory Commission under Document No. [2025] 436, Zhaojin Mining Industry Co., Ltd. (hereinafter referred to as the "Issuer") has been approved to publicly issue corporate bonds with a total face value of no more than RMB 6 billion to professional investors, to be issued in installments, of which Zhaojin Mining Industry Co., Ltd. 2026 Public Issuance of Science and Technology Innovation Corporate Bonds to Professional Investors (Second Tranche) (hereinafter referred to as the "Current Tranche of Bonds") has an issuance size of no more than RMB 2 billion. The Current Tranche of Bonds is divided into two varieties. Variety One has a term of 4 years, with the Issuer's option to adjust the coupon rate and investors' put option at the end of the second year; Variety Two has a term of 5 years, with the Issuer's option to adjust the coupon rate and investors' put option at the end of the third year. The Current Tranche of Bonds introduces an inter-variety reallocation option, with no restriction on the reallocation ratio. The Issuer and the bookrunner will, based on the subscription situation of the Current Tranche of Bonds, within the total issuance size and through mutual agreement between the Issuer and the bookrunner, decide whether to exercise the inter-variety reallocation option.