CGS Successfully Issues 1 Billion Yuan in Sci-Tech Innovation Corporate Bonds

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CGS (06881) has announced the completion of its issuance of Sci-Tech Innovation Corporate Bonds. The company previously received approval from the China Securities Regulatory Commission to publicly issue up to 5 billion yuan in such bonds targeted at professional investors. In accordance with this approval, the company successfully issued the first tranche of its 2026 Sci-Tech Innovation Corporate Bonds on March 23, 2026. The issuance size for this tranche is 1 billion yuan, with each unit having a par value and issue price of 100 yuan. The bonds have a maturity period of three years and carry a final coupon rate of 1.79%. A minimum of 70% of the raised funds from this issuance are designated to support business operations in the sci-tech innovation sector through investments in equities, bonds, and funds. The remaining portion will be used to supplement working capital and for other purposes compliant with relevant laws and regulations.

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The company previously received approval from the China Securities Regulatory Commission to publicly issue up to 5 billion yuan in such bonds targeted at professional investors. In accordance with this approval, the company successfully issued the first tranche of its 2026 Sci-Tech Innovation Corporate Bonds on March 23, 2026. The issuance size for this tranche is 1 billion yuan, with each unit having a par value and issue price of 100 yuan. The bonds have a maturity period of three years and carry a final coupon rate of 1.79%. A minimum of 70% of the raised funds from this issuance are designated to support business operations in the sci-tech innovation sector through investments in equities, bonds, and funds. 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