Wuxi Rural Commercial Bank(SH:600908) Xin Lang Cai Jing·2025-12-30 08:11Core Viewpoint - Wuxi Bank has announced the approval of issuing up to 1.5 billion RMB in subordinated capital bonds during its 2024 annual shareholders' meeting [1][3] Group 1: Bond Issuance Details - The bank successfully issued the "Wuxi Rural Commercial Bank Co., Ltd. 2025 Subordinated Capital Bond (First Phase)" in the national interbank bond market [1][3] - The total issuance scale of this bond is 1 billion RMB, with a fixed interest rate of 2.53% over a 10-year term [1][3] - The bond was recorded on December 25, 2025, and payment was completed on December 29, 2025 [1][3] Group 2: Use of Proceeds - The funds raised from this bond issuance will be used to supplement the bank's subordinated capital, subject to applicable laws and regulatory approvals [1][3]