China Merchants Shekou lists new 50.40 bn yuan bonds on Shenzhen Exchange

China Merchants Shekou Industrial Zone Holdings Co., Ltd. announced the listing of its 2025 publicly issued corporate bonds (tranche 3, variety one) for professional investors on the Shenzhen Stock Exchange. This tranche, identified by the bond code 25 蛇口 04 and security code 524555, is a 3-year fixed-rate bond with a coupon rate of 1.77%. The total issuance amount is 50.40 billion yuan, with a nominal value of 100 yuan per bond and an opening reference price of 100 yuan.

The bonds, rated AAA by China Chengxin International Credit Rating Co., Ltd., were issued between November 25 and November 26, 2025, with interest accruing from November 26, 2025. They are scheduled to list on December 2, 2025, and will mature on November 26, 2028. Interest payments will be made annually.

This offering targets institutional investors and will be traded through various methods including matched transactions, click transactions, inquiry transactions, competitive bidding transactions, and negotiated transactions, broadening access for professional market participants.