New Hope Liuhe completes CNY 500m bond issuance

New Hope Liuhe Co., Ltd. (SZSE:000876) announced the successful issuance of its first ultra-short-term financing bonds (rural revitalization) for 2025, totaling CNY 500 million. The issuance, which commenced on April 22, 2025, carries an interest rate of 2.1% and matures on October 20, 2025. The bonds, identified by code 012581001 and abbreviated as 25 希望六和 SCP001 (Rural Revitalization), were priced at par value (CNY 100.00 per CNY 100.00 face value). The proceeds are earmarked for rural revitalization initiatives. Industrial Bank Co., Ltd. served as the lead underwriter, with Chengdu Bank Co., Ltd. and Bank of Communications Co., Ltd. acting as joint lead underwriters. Details of the issuance are available on the Shanghai Clearing House website and ChinaMoney.com. The issuance was approved at the company's second extraordinary general meeting in 2024 and registered with the National Association of Financial Market Institutional Investors.