SWHY(SZ:000166) 申万宏源证券上海北京西路营业部·2025-12-12 02:36Core Viewpoint - The article highlights the successful issuance of corporate bonds by Beijing Zhongguancun Yanqing Investment Development Co., Ltd., under the lead underwriting of Shenwan Hongyuan Securities, aimed at supporting the development of the real economy [2] Group 1: Bond Issuance Details - The bond, referred to as "25 Yan Garden 01," has a total issuance scale of 400 million yuan, with a term of 3+2 years, and a coupon rate of 2.30% [2] - The funds raised from this bond issuance will be used to repay existing debts and supplement working capital, which will help the issuer reduce financial costs and optimize its financial structure [2] Group 2: Importance of Yanqing Park - Yanqing Park is positioned as a key area for technological innovation in northwest Beijing, focusing on modern horticulture, ice and snow sports, new energy, energy internet, and drone industries [2] - The industrial output value of the park significantly contributes to the economic growth of the Yanqing District, indicating substantial development potential [2] - The investment company plays a crucial role in managing operational assets, land development, infrastructure construction, and building an investment platform for the park [2]