Yili Industrial issues 10bn yuan bonds, extends pledges

Inner Mongolia Yili Industrial Group issued 10 billion yuan in ultra-short-term bonds with a 1.42% interest rate, maturing September 2025. The bonds are part of an expanded 450 billion yuan debt financing limit.

Separately, major shareholder Hohhot Investment extended pledges on 80 million shares, representing 34.69% of its total holdings, with pledges maturing January 2028 to support debt and production operations.