Changjiang Securities extends bond book-building due to market volatility

Changjiang Securities Company Limited has extended the book-building period for its 2025 public issuance of corporate bonds (tranche III) to professional investors. The issuance, with a face value not exceeding 200 million yuan, received approval from the China Securities Regulatory Commission.

Originally, the book-building process for net-offering investors was scheduled from 3:00 p.m. to 6:00 p.m. on October 23, 2025. However, due to significant fluctuations in the bond market on the day of book-building, the issuer, book-runner, lead underwriter, and all investors collectively agreed to extend the closing time.

The book-building period will now conclude at 7:00 p.m. on October 23, 2025, instead of the previously announced 6:00 p.m. on the same date. This extension allows additional time to determine the final coupon rate for the bonds within the preset interest rate range.