Sou Hu Cai Jing·2025-06-06 07:22Core Insights - The successful issuance of the "Tongkun Group Co., Ltd. 2025 Annual Third Phase Technology Innovation Bond" marks a significant milestone as the first technology innovation bond for a private listed company in Zhejiang Province, with an issuance amount of 500 million yuan and a term of 260 days at a coupon rate of 1.84% [1][3] Group 1: Bond Issuance - The bond was exclusively underwritten by the Hangzhou branch of Industrial Bank, showcasing the bank's commitment to supporting technology innovation [1][4] - This issuance follows the first technology innovation bond in Jiaxing City in 2022, indicating a trend of increasing financial support for technology enterprises [1][3] Group 2: Policy Support - The People's Bank of China and the China Securities Regulatory Commission have issued announcements to support the issuance of technology innovation bonds, aiming to enrich the product system and improve the supporting mechanisms for these bonds [3] - The rapid response from the trading association to launch a "technology board" in the bond market reflects a strategic move to stimulate innovation and market vitality [3] Group 3: Company Profile - Tongkun Group is a leading enterprise in China's polyester fiber industry and is listed on the A-share main board, indicating its significant market position [3] - The company has integrated various sectors including R&D, procurement, production, management, and logistics, demonstrating a comprehensive approach to innovation and development [3] Group 4: Future Outlook - The Hangzhou branch of Industrial Bank plans to continue its focus on "technology finance," leveraging its dual advantages of commercial and investment banking to enhance financial support for technology enterprises in Zhejiang Province [4] - The bank aims to innovate its products and service models to accelerate the high-quality development of technology companies, contributing to the overall economic growth of Zhejiang Province [4]