China Building Materials (03323.HK) will publicly issue technology innovation corporate bonds (third series), Type II, to professional investors in 2025 with a face interest rate of 1.95%.

Smart Financial News APP, China Building Materials (03323.HK) announced that, with the approval of the China Securities Regulatory Commission, the China Building Materials Co., Ltd. (hereinafter referred to as the "issuer") has been allowed to publicly issue corporate bonds to professional investors with a total face value not exceeding 20 billion yuan, in a phased manner. Among them, the China Building Materials Co., Ltd. will publicly issue technology innovation corporate bonds (third phase) to professional investors in 2025 with an issue size of up to 3 billion yuan. This phase of bonds is divided into two types, with a term of 3 years for type one and 5 years for type two. This phase of bonds introduces a call option between types, with no restrictions on the call-back ratio. The issuer and the bookrunner will decide whether to exercise the call-back option between types based on the subscription situation of this phase of bonds, reaching a consensus within the total issue size.