Beijing Originwater issues fifth tranche of innovation bonds

Beijing Originwater Technology Co., Ltd. has successfully issued its fifth tranche of 2025 technology innovation bonds, totaling 600 million yuan. These bonds, officially named "25 Bīshuǐyuán SCP005 (Kēchuàng Zhài)" and bearing the code 012582538, were issued on October 21, 2025, and began trading on October 23, 2025.

The bonds have an issuance price of 100 yuan per hundred yuan face value, a term of 270 days, and a coupon rate of 2.14%. Principal and interest will be repaid in a lump sum upon maturity, which is set for July 19, 2026.

China Merchants Bank Co., Ltd. and Zheshang Bank Co., Ltd. served as the lead underwriters for this issuance. The company previously obtained approval for the issuance of short-term financing bills at its fourth extraordinary general meeting in 2023.