Core Viewpoint - China International Capital Corporation (CICC) has received approval from the China Securities Regulatory Commission to publicly issue perpetual subordinated bonds up to 20 billion yuan, with the first phase of issuance set at 3 billion yuan [1] Group 1: Bond Issuance Details - The bond issuance is aimed at professional investors and has a total scale of up to 30 billion yuan for the first phase [1] - The coupon rate inquiry range for the bonds is set between 1.90% and 2.90% [1] - The final coupon rate for the bonds has been determined at 2.38% based on investor inquiries conducted by the lead underwriters [1] Group 2: Underwriting and Management - The bonds are underwritten by Huatai United Securities and Industrial Securities [1] - The issuance period for the bonds is scheduled from January 9 to January 12, 2026, targeting professional institutional investors [1]

Core Viewpoint - China International Capital Corporation (CICC) has received approval from the China Securities Regulatory Commission to publicly issue perpetual subordinated bonds up to 20 billion yuan, with the first phase of issuance set at a maximum of 3 billion yuan [1] Group 1: Bond Issuance Details - The bond issuance is aimed at professional investors and is part of a larger plan to issue up to 20 billion yuan in perpetual subordinated bonds [1] - The first phase of the bond issuance will have a scale of no more than 3 billion yuan [1] - The coupon rate for the bonds is set within a range of 1.90% to 2.90%, with the final rate determined at 2.38% based on investor inquiries [1] Group 2: Underwriters and Issuance Timeline - The bonds are underwritten by Huatai United Securities and Industrial Securities [1] - The issuance period for the bonds is scheduled from January 9 to January 12, 2026, targeting professional institutional investors [1]