Western Securities' tech innovation bonds to list on SZSE

Western Securities' "Western Securities 2025 Public Issuance of Technology Innovation Corporate Bonds (First Phase)" will be listed on the Shenzhen Stock Exchange (SZSE) on June 6, 2025, and is available to institutional investors. The bonds (25 西部 K1, ISIN 524283) have a total issuance value of CNY 100 million, offering a fixed annual interest rate of 1.92% over a three-year term. The bonds, rated AAA/AAA by United Credit Ratings Co., Ltd., will pay interest annually and principal upon maturity on June 3, 2028. The issuance period ran from May 30, 2025, to June 3, 2025, with an opening reference price of CNY 100 per bond.