东吴证券成功承销全国首单民营钢企高成长科创债

Core Viewpoint - The issuance of the "25 Yonggang K1" bond marks a significant step in supporting the growth and innovation of private steel enterprises in China, with a focus on enhancing their technological capabilities and industry transformation [1][2]. Group 1: Bond Issuance Details - The bond, issued by Jiangsu Yonggang Group, has a total issuance size of 100 million yuan, a term of 3 years, and a coupon rate of 2.9% [1]. - The funds raised from this bond will be entirely allocated to the establishment of an "Intelligent Service Platform for Premium Wire Rods," aimed at promoting the company's industrial transformation and upgrading [1]. Group 2: Industry Context and Impact - The Shanghai Stock Exchange launched high-growth industry bonds in 2024 to facilitate bond financing channels for industries and enterprises, positioning these bonds as a key driver for high-quality industrial development [1]. - The "25 Yonggang K1" bond has introduced several investor-friendly clauses in terms of information disclosure and investor protection, attracting diverse investor participation and receiving widespread market recognition [1]. - The bond's issuance rate of 2.9% sets a new record for the lowest financing rate for the issuer's corporate bonds, highlighting the positive impact of high-growth industry bonds in connecting industrial entities with capital markets [1]. Group 3: Company Innovation and Achievements - Jiangsu Yonggang Group has been committed to transformation and technological innovation, having obtained a total of 1,086 authorized patents, including 460 invention patents, by the end of 2024 [2]. - The company possesses one national-level R&D platform and five provincial-level R&D platforms, along with over 100 proprietary core technologies, and has received various honors such as the National Science and Technology Progress Award and the China Patent Excellence Award [2]. - The innovative project funded by the bond, the "Intelligent Service Platform for Premium Wire Rods," is expected to enhance logistics service efficiency and strengthen the company's competitiveness [2].