Sinoma Science & Technology raises 700m yuan in bond issuance

Sinoma Science & Technology Co., Ltd. successfully concluded the second tranche of its 2025 public issuance of technology innovation corporate bonds to professional investors. The issuance, with a total size of 700m yuan, saw 100% of the pre-set net-offering amount subscribed, matching the final net-offering amount. The bonds were priced at 100 yuan per share, with an issuance period from December 5 to December 8, 2025.

The first variety of bonds achieved a coupon rate of 1.98% and a subscription multiple of 2.76, while the second variety was canceled. Notably, the issuer’s directors, supervisors, senior management, shareholders holding over 5% of shares, and other related parties did not participate in the subscription.

Lead underwriters played a significant role in the subscription, with CITIC Securities Co., Ltd. and its affiliates subscribing 140m yuan, CITIC Securities Co., Ltd. subscribing 100m yuan, Huatai United Securities Co., Ltd. affiliates subscribing 50m yuan, and China International Capital Corporation Limited subscribing 20m yuan. All participating investors met the regulatory requirements for corporate bond issuance and trading.