Zhaojin Mining (01818.HK) will publicly issue technology innovation corporate bonds (first tranche) to professional investors in 2025, with a coupon rate of 1.89%.

Wisdom Finance APP news, Zhaojin Mining (01818.HK) issued an announcement. According to the document No. 436 issued by the China Securities Regulatory Commission (2025), the registration was approved. Zhaojin Mining Co., Ltd. (hereinafter referred to as the "issuer") is allowed to publicly issue corporate bonds with a total face value not exceeding RMB 6 billion to professional investors in stages. Among them, Zhaojin Mining Co., Ltd. will publicly issue innovative technology corporate bonds (first phase) to professional investors in 2025 with an issuance size of not more than 1 billion yuan. The term of this bond is 5 years. This bond has an investor put option, allowing bondholders to sell all or part of the bonds to the issuer at the end of the third year of the bond's term. This bond also has a face value interest rate adjustment option, allowing the issuer to decide whether to adjust the face value interest rate during the subsequent interest period at the end of the third year of the bond's term.