China Securities issues CNY 500m innovation bond

China Securities (SSE:601066) announced the successful issuance of its 2025 Science and Technology Innovation Bond (first phase) on July 1, 2025. The total issuance amounts to CNY 500 million, with a bond term of 5 years. The bonds, listed under code 342580001, have a fixed interest rate and are priced at CNY 100 per CNY 100 face value, with a coupon rate of 1.76%. Interest accrual began on July 1, 2025, following the book-building date of June 26, 2025. The redemption date is set for July 1, 2030. Proceeds from the bond will be used to support technology and innovation initiatives, subject to regulatory approvals. Full details are available on the ChinaMoney.com.cn and SHClearing.com websites.