Chengzhi issues CNY500m in medium-term notes

Chengzhi Co., Ltd. (SZSE:000990) has announced the successful issuance of its first tranche of medium-term notes for 2025. The issuance, which took place between June 11-12, 2025, resulted in a total offering of CNY500 million, with funds received on June 13, 2025. The notes, designated as "25诚志股份MTNOO1," have a coupon rate of 2.84% based on SHIBOR 3M+120.2BP, and will mature in three years, with a redemption date of June 13, 2028. The issuance was managed by China Merchants Bank, with the Industrial and Commercial Bank of China and China Everbright Bank acting as joint lead underwriters. The company confirms that no directors, supervisors, senior managers, or shareholders with more than 5% ownership participated in the note subscription through indirect means.