Zhaojin Mining (01818) completed the issuance of 1.2 billion yuan of renewable corporate bonds for scientific and technological innovation

Zhitong Finance App News, Zhaojin Mining (01818) issued an announcement. According to the “Notice on the Public Issuance of Science and Technology Innovation Renewable Corporate Bonds to Professional Investors by Zhaojin Mining Co., Ltd. in 2026”, Zhaojin Mining Co., Ltd. will publicly issue Science and Technology Innovation Renewable Corporate Bonds (Phase 1) (hereinafter referred to as “Current Bonds”) to professional investors in 2026. The basic term of the current bond is 3 years, with 1 cycle for every 3 interest-bearing years. At the end of the agreed basic period and at the end of each cycle, the issuer has the right to exercise the right to renew and extend 1 cycle according to the agreed basic period; if the issuer does not exercise the right to renew, the full amount is due and paid.

The issuance price of the current issue is 100 yuan/sheet, and it is issued through an offline inquiry and placement with professional institutional investors as stipulated in the “Administrative Measures on Issuance and Trading of Corporate Bonds” and the “Shanghai Stock Exchange Bond Market Investor Appropriateness Management Measures (2023 Revision)”.

The current issue of the bonds was issued through online inquiries and placement with professional institutional investors. The issuance process ended on September 14, 2026. The actual issuance amount of the current bond was 1.2 billion yuan, the subscription ratio was 2.34 times, and the final coupon interest rate was 1.73%.