Jiangxi Copper Company Limited released an announcement on 23 February 2026 regarding a plan to register and issue medium-term notes totaling up to 15.00 billion RMB and super-short-term financing bills totaling up to 10.00 billion RMB. According to the announcement, both instruments will be publicly issued in tranches to institutional investors in the national interbank bond market in the People’s Republic of China.
The proposed terms allow Jiangxi Copper Company Limited to determine the actual issuance size, tenor, and interest rate based on prevailing market conditions and regulatory requirements. The proceeds are intended for repaying interest-bearing loans, replenishing working capital, or future project acquisitions and mergers, subject to necessary adjustments depending on the company’s actual needs.
The board of directors is seeking authorization at an upcoming extraordinary general meeting to handle all matters related to this registration and issuance. These matters include determining the specific scale and terms of each tranche, selecting intermediaries, and completing the relevant listing procedures. The board further indicates that adjustments to the plan may be made if there are changes in laws, regulations, or market conditions.
A circular with full details, along with a notice convening the extraordinary general meeting to approve the final resolutions, will be dispatched to shareholders in due course.