Group 1 - The issuance of the first special bond for small and medium-sized banks in Jilin Province, amounting to 26 billion yuan, marks the official restart of such bond issuance after nearly a year and a half [1] - The bond has a 10-year term, a coupon rate of 1.76%, and an AAA credit rating [1] - The funds from this bond will be combined with previously issued special bonds totaling 8.6 billion yuan, resulting in a total of 34.6 billion yuan to be injected into the newly established Jilin Rural Commercial Bank [1] Group 2 - The issuance of special bonds for small and medium-sized banks began in 2020, with a total quota of 550 billion yuan allocated by the Ministry of Finance over the years to address the capital needs of these banks [3] - From 2021 to 2023, the issuance of special bonds peaked, with a total issuance of 440.6 billion yuan, accounting for 87% of the total issuance [3] - As of now, the cumulative issuance of special bonds for small and medium-sized banks has reached 508 billion yuan, leaving approximately 42 billion yuan remaining from the total quota [3] Group 3 - The recent bond issuance is closely related to the reform of the Jilin rural credit system, which aims to establish a provincial-level rural commercial bank with unified legal management [4] - The funds from the newly issued bonds will be transferred to Jilin Financial Holding Group and then injected into the Jilin Rural Commercial Bank to supplement its capital [4] - The expected capital of the Jilin Rural Commercial Bank after the reform will reach 40 billion yuan, including 34.6 billion yuan from Jilin Financial Holding Group [4]