Zheng Quan Zhi Xing·2025-06-11 09:22Core Points - Jiangsu Ninghu Expressway Co., Ltd. has received a registration notice allowing it to issue up to RMB 4 billion in short-term financing bonds over a two-year period starting from December 30, 2024 [1] - The company issued its third phase of short-term financing bonds for 2025 on June 11, 2025, with a planned issuance amount of RMB 200 million and an actual issuance amount of RMB 200 million [1] - The issuance interest rate for the bonds is set at 1.52%, with the issuance price at 100 yuan per 100 yuan face value [1] Issuance Details - The bond code for the issuance is SCP003, with a maturity period of 128 days [1] - A total of 11 compliant subscription applications were received, amounting to RMB 800 million, with the highest subscription rate at 1.80% and the lowest at 1.52% [1] - The effective subscription included 4 entities, with a total effective subscription amount of RMB 200 million [1] Underwriting Information - The book manager and lead underwriter for the bond issuance is China Construction Bank Co., Ltd. [1]