According to the Zhitong Finance App, Pioneer Environment (03989) issued an announcement that the public issuance scale of corporate bonds (first instalment) to professional investors by Capital Environmental Holdings Co., Ltd. will not exceed RMB 2 billion (including RMB 2 billion) in 2025. According to the bookkeeping filing results, after full negotiation and careful judgment between the issuer and the lead underwriter, it was finally determined that the coupon interest rate for the current bond type 1 (bond abbreviation: 25CEHL01, code: 244387.SH) was 2.00%; all type 2 (bond abbreviation: 25CEHL02, code: 244388.SH) were returned to type 1.