Wanhua Chemical successfully issues CNY 500m innovation bonds

Wanhua Chemical Group Co., Ltd. (SSE:600309) announced the successful issuance of its third phase of science and technology innovation bonds for 2025, with proceeds received on May 19, 2025. The bond, officially named "25 Wanhua Chemical SCP003 (Science and Innovation Bond)," has a total issuance value of CNY 500 million and a term of 180 days. The bonds were issued at par, with a fixed interest rate of 1.63%. The bond's credit rating is AAA, as assessed by United Credit Ratings Co., Ltd. China Everbright Bank Co., Ltd. served as the lead underwriter for the issuance. The value date is May 19, 2025, and the redemption date is November 15, 2025. The issuance details can be found on the ChinaMoney website (www.chinamoney.com.cn) and the Shanghai Clearing House website (www.shclearing.com.cn).