Core Viewpoint - China National Building Material (CNBM) has received approval from the China Securities Regulatory Commission to publicly issue corporate bonds totaling up to RMB 20 billion, with a specific issuance of up to RMB 3 billion for the third phase of its technology innovation bonds [1] Group 1: Bond Issuance Details - The total face value of the corporate bonds to be issued is capped at RMB 20 billion, with the third phase of technology innovation bonds having a maximum issuance scale of RMB 3 billion [1] - The bonds will be issued in two varieties, with one having a maturity of 3 years and the other 5 years [1] - The issuer and book managers have the option to adjust the allocation between the two varieties based on subscription conditions, with no limit on the reallocation ratio [1] Group 2: Interest Rate and Issuance Process - On November 11, 2025, the issuer and the lead underwriter conducted an inquiry for the coupon rate among professional institutional investors [1] - Based on the inquiry results, it was determined that the coupon rate for the second variety of bonds is set at 1.95%, while the first variety was not actually issued [1]
中国建材(03323)2025年面向专业投资者公开发行科技创新公司债券(第三期)品种二的票面利率为1.95%