China National Building Material (03323.HK) plans to issue no more than RMB2 billion of renewable corporate bonds.

Zhito Finance APP News: China National Building Material (03323.HK) has announced that China National Building Material Company Limited's 2026 public issuance of science and technology innovation renewable corporate bonds to professional investors (Second Tranche) will have an issuance size of no more than RMB 2 billion (including RMB 2 billion). The bookbuilding range for the coupon rate of Variety One is 1.20%-2.20% (inclusive of both upper and lower limits), and the bookbuilding range for the coupon rate of Variety Two is 1.30%-2.30% (inclusive of both upper and lower limits). The proceeds from this tranche of bonds will be used for productive expenditures, including but not limited to repaying interest-bearing debts, supplementing working capital, project construction and operation, and other purposes that comply with laws and regulations.