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Capital Markets - Zibo Zhangdian District State-owned Assets Operation Co., Ltd

SOE China

2.10% Bonds due 2029

¥ 334,000,000 Joint Lead Manager, Joint Bookrunner 2026
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August 25,2026

Haitong Bank, Macau Branch served as Joint Lead Manager and Joint Bookrunner on the CNY 334 million bond issued by Zibo Zhangdian District State-owned Assets Operation Co., Ltd. The bond carries a 3-year tenor and a coupon of 2.10%.

Net proceeds from the Bonds will be applied to refinancing the principal of the Group’s existing medium- and long-term offshore indebtedness maturing in September 2026.