Wuhan East Lake High-Tech redeems 2022 medium-term notes

Wuhan East Lake High Technology Group Co., Ltd. announced the successful redemption of its 2022 second tranche of medium-term notes (22 Donghu Gaoxin MTN002). The notes, issued on September 2, 2022, with an issue date of August 31, 2022, had a 3-year term and an interest rate of 3.03%. The actual issue amount was RMB500,000,000.

The company previously completed annual interest payments on September 2, 2023, and September 2, 2024. On the redemption date of September 2, 2025, the company fulfilled its obligations, disbursing a total of RMB515,150,000.00, covering both principal and interest. This amount was transferred to the bondholders' designated bank accounts via the Interbank Market Clearing House Co., Ltd.

Further details regarding the issuance can be found in the announcement published on September 3, 2022, on designated disclosure platforms. Information on the interest and principal redemption is available on www.shclearing.com.cn and www.chinamoney.com.cn.