Core Viewpoint - Xiamen Bank successfully issued perpetual capital bonds, raising RMB 1.9 billion to supplement its Tier 1 capital [1] Group 1: Bond Issuance Details - The bond issuance was approved by the People's Bank of China and the Xiamen Regulatory Bureau of the National Financial Supervision Administration [1] - The bonds were recorded on November 13, 2025, and the issuance was completed on November 17, 2025 [1] - The total issuance size of the bonds is RMB 1.9 billion, with a fixed interest rate of 2.32% for the first five years, subject to adjustment every five years thereafter [1] Group 2: Use of Proceeds - The funds raised from this bond issuance will be used to supplement the company's other Tier 1 capital, in accordance with applicable laws and regulatory approvals [1]

Core Viewpoint - Changsha Bank has successfully issued a capital bond of up to 4 billion RMB to supplement its Tier 1 capital, with a fixed interest rate for the first five years [1] Group 1: Bond Issuance Details - The bank's second extraordinary general meeting of shareholders approved the issuance of perpetual capital bonds not exceeding 4 billion RMB [1] - The bond, named "Changsha Bank Co., Ltd. 2025 Perpetual Capital Bond," was successfully issued in the national interbank bond market [1] - The issuance scale is 4 billion RMB, with a coupon rate of 2.34% for the first five years, which will be adjusted every five years thereafter [1] Group 2: Regulatory Approvals - The issuance was approved by the Hunan Regulatory Bureau of the National Financial Supervision Administration and the People's Bank of China [1] - The bond was recorded on November 11, 2025, and payment was completed on November 13, 2025 [1] Group 3: Use of Proceeds - The funds raised from this bond issuance will be used to supplement the bank's other Tier 1 capital, subject to applicable laws and regulatory approvals [1]

Core Viewpoint - Industrial and Commercial Bank of China (ICBC) announced the issuance of perpetual bonds, aimed at supplementing its other Tier 1 capital, with a total issuance size of RMB 40 billion [1] Group 1: Bond Issuance Details - The second phase of the perpetual capital bonds will be completed on November 10, 2025 [1] - The initial coupon rate for the first five years is set at 2.21%, with adjustments every five years thereafter [1] - The issuer retains a conditional redemption right on each interest payment date starting from the fifth year [1] Group 2: Fund Utilization - Proceeds from the bond issuance will be used in accordance with applicable laws and regulatory approvals [1]