Wuchan Zhongda issues eighth tranche of super short-term commercial paper

Wuchan Zhongda Group Co., Ltd. announced the issuance of its eighth tranche of super short-term commercial paper for 2025. The issuance, with a planned and actual total of 20 billion yuan, was completed on September 2, 2025, and carries an interest rate of 1.64%.

The commercial paper, identified as "25 Wuchan Zhongda SCP008," has a term of 177 days, with the redemption date set for February 27, 2026. The issue price was 100.00 yuan per hundred yuan face value. Shanghai Pudong Development Bank Co., Ltd. served as the lead underwriter, with China Everbright Bank Co., Ltd. acting as the joint lead underwriter.

This follows the company's registration for debt financing instruments with the National Association of Financial Market Institutional Investors, approved by its board of directors on April 26, 2024, and shareholders on May 21, 2024. The registration is valid for two years from December 5, 2024, allowing for the staged issuance of various debt instruments.