Zhuhai Port issues latest tranche of ultra-short-term paper

Zhuhai Port Company Limited successfully issued its ninth tranche of ultra-short-term commercial paper for 2025, according to an announcement dated November 20, 2025. This issuance follows the company's board resolution from September 29, 2024, and an extraordinary general meeting on October 23, 2024, to apply for registration and issue up to 2 bn yuan in ultra-short-term financing bonds.

The company received a registration acceptance notice from the National Association of Financial Market Institutional Investors on May 6, 2025, for a registration amount of 2 bn yuan. The recently completed issuance, designated as "25 SCP009," totaled 400m yuan, with an issue price of 100 yuan per 100 yuan face value. The coupon rate for this tranche is 1.63%.

The ultra-short-term commercial paper has a term of 238 days, with a start date of November 19, 2025, and a maturity date of July 15, 2026. Beijing Bank Co., Ltd. acted as the bookrunner and lead underwriter, with China Everbright Bank Co., Ltd. as the co-lead underwriter. Zhuhai Port has confirmed through "Credit China" that it is not an untrustworthy entity.