China's Jinmao: completed the issuance of 2 billion yuan in medium-term notes

China Jinmao announced that its wholly-owned subsidiary, Shanghai Jinmao Investment Management Group Co., Ltd., has completed the issuance of the 2025 first tranche medium-term notes in the amount of RMB 2 billion to qualified investors on July 23, 2025. The term of the first tranche notes is three years, with a final coupon rate of 2.3%. The proceeds from the issuance of the first tranche notes are intended to be used to repay other matured notes of the company.