Zhitong Finance App News, Zhaojin Mining (01818) issued an announcement. According to the “Notice on the Public Issuance of Science and Technology Innovation Company Bonds to Professional Investors by Zhaojin Mining Co., Ltd. in 2026”, Zhaojin Mining Co., Ltd. will publicly issue Science and Technology Innovation Company Bonds (Phase II) (hereinafter referred to as “Current Bonds”) to professional investors in 2026. Current bonds are divided into two types. Type 1 has a term of 4 years, with the issuer's right to adjust the coupon interest rate option and the investor's right to resell at the end of year 2; type 2 has a term of 5 years, with the issuer's right to adjust the coupon interest rate option and the investor's right to resell at the end of the 3rd year. The current issue introduces the right to choose between types of bonds. The payback ratio is not limited. The issuer and bookkeeping manager will agree on whether to exercise the inter-type rebate option based on the issuance and subscription situation of the current issue and within the total issuance scale.
The issuance price of the current issue is 100 yuan/sheet, and it is issued through an offline inquiry and placement with professional institutional investors as stipulated in the “Administrative Measures on Issuance and Trading of Corporate Bonds” and the “Shanghai Stock Exchange Bond Market Investor Appropriateness Management Measures (2023 Revision)”.
The current issue of the bonds was issued through online inquiries and placement with professional institutional investors. The issuance process ended on October 14, 2026. Type 1 of the current bond was not actually issued; the actual issuance amount for type 2 was 2 billion yuan, the subscription ratio was 3.06 times, and the final coupon interest rate was 1.56%.