Core Points - Shanghai Construction Group Co., Ltd. has successfully completed the issuance of its 2025 public offering of renewable corporate bonds for professional investors, approved by the China Securities Regulatory Commission [1] - The bonds have a total issuance scale of 4.5 billion yuan, with a coupon rate of 2.30% [2] Summary by Sections - **Bond Issuance Details** - The bonds are structured with a three-year interest period, allowing the issuer to extend the bond term by an additional three years or redeem the bonds at the end of each period [1] - **Regulatory Approval** - The issuance was conducted under the approval of the China Securities Regulatory Commission, ensuring compliance with regulatory standards [1] - **Financial Terms** - The total issuance amount is 4.5 billion yuan, and the bonds carry a fixed interest rate of 2.30% [2]

Core Viewpoint - Shanghai Construction Group has successfully completed the issuance of its 2025 public offering of renewable corporate bonds aimed at professional investors, with a total issuance scale of 4.5 billion yuan and a coupon rate of 2.30% [1]. Group 1 - The company has received approval from the China Securities Regulatory Commission for the bond issuance [1]. - The bonds are structured with a three-year interest period, allowing the issuer to extend the bond term by an additional three years or redeem the bonds at the end of each period [1]. - The specific bond issued is referred to as "25沪建Y1" with the code "243624.SH" [1].