Guoxuan High-Tech issues first tranche of 2025 medium-term notes

Guoxuan High-Tech Co., Ltd. announced the successful issuance of its first tranche of 2025 medium-term notes, raising a total of 600m yuan. The funds were fully received on November 12, 2025. This issuance follows approvals from the company’s Ninth Board of Directors and the 2024 First Extraordinary General Meeting, which authorized the registration and issuance of up to 2bn yuan in medium-term notes and 1bn yuan in super short-term commercial papers.

The notes, officially named "Guoxuan High-Tech 2025 First Tranche Green Technology Innovation Notes," carry the bond code 132580123. They have a three-year term, with an issue date of November 12, 2025, and a maturity date of November 12, 2028. The notes were issued at par, with an interest rate of 1.88%.

Industrial Bank Co., Ltd. served as the bookrunner and lead underwriter for the issuance. Co-lead underwriters included Bank of China Limited, China Construction Bank Corporation, Bank of Communications Co., Ltd., Shanghai Pudong Development Bank Co., Ltd., Industrial Bank Co., Ltd., China Everbright Bank Company Limited, and Bank of Dongguan Co., Ltd.