ZPUG(SZ:000685) Zheng Quan Zhi Xing·2025-08-11 16:16Core Viewpoint - The company successfully issued its second phase of ultra-short-term financing bonds for 2025, with a total issuance amount of 500 million yuan at an interest rate of 1.69% [2][3]. Group 1: Financing Details - The company received approval to register ultra-short-term financing bonds with a total amount not exceeding 2 billion yuan [1]. - The actual issuance amount for the current phase is 500 million yuan, matching the planned issuance amount [2]. - The bonds have a term of 180 days, with the interest starting from August 8, 2025, and maturing on February 4, 2026 [2]. Group 2: Subscription Information - There were 20 compliant subscription applications, with a total subscription amount of 1.98 billion yuan [2]. - The highest subscription rate was 2.20%, while the lowest was 1.56% [2]. - A total of 8 effective subscription applications were recorded, amounting to 530 million yuan [2]. Group 3: Underwriting and Management - The lead underwriter for the bonds is China Merchants Bank Co., Ltd., with Industrial Bank Co., Ltd. serving as the co-lead underwriter [2]. - The company has been verified as not being a subject of credit dishonesty according to the "Credit China" website [2].