China Merchants Shekou issues 2025 corporate bonds, maintains stable outlook

China Merchants Shekou Industrial Zone Holdings Co., Ltd. announced the public issuance of its 2025 corporate bonds (Second Tranche) to professional investors, with an aggregate principal amount not exceeding RMB4 billion. The bonds will be split into two varieties: Variety One will have a 3-year fixed interest rate, and Variety Two will have a 5-year fixed interest rate. The interest rate inquiry period is scheduled for October 22, 2025, from 15:00 to 18:00, with the issuance date on October 23, 2025.

The company's latest credit rating report from China Lianhe Credit Rating Co., Ltd., dated May 16, 2025, reaffirmed its AAA long-term credit rating with a stable outlook. This rating reflects the company's strong shareholder background, extensive development experience, and solid brand influence. For the year 2024, the company recorded a total operating income of RMB178.948 billion and a total profit of RMB9.09 billion.

The company's asset structure remains stable, with total assets of RMB860.309 billion as of year-end 2024. The proceeds from the bond issuance are intended to repay or replace maturing corporate bonds. This strategy aims to optimize the debt structure and reduce financial costs, with a commitment to maintaining its strong market position and stable financial policies.