Chutian Expressway: Plans to publicly issue corporate bonds with a scale of no more than 3.5 billion yuan.

date
09/11/2026
Chutian Expressway announced that the company held the 13th meeting of the ninth board of directors on November 9, 2026, at which the proposal regarding the company's public issuance of corporate bonds was reviewed and approved. The total scale of this corporate bond issuance shall not exceed RMB 3.5 billion, with a term of no more than 10 years. The bonds will be issued publicly to professional investors, and after obtaining registration from the China Securities Regulatory Commission, the company will choose to issue them in a single tranche or in multiple tranches, at a par value of RMB 100 and issued at par, as an unsecured issuance. After deducting issuance expenses, the proceeds are intended to be used by the company and its subsidiaries to supplement working capital, repay existing interest-bearing liabilities, fund fixed asset investments, mergers and acquisitions and asset restructurings, make capital contributions to and increase capital in subsidiaries, invest in specific sectors, and for other purposes that comply with regulations.