Summary by Futu AI
As mentioned in the first quarter report of 2024, China Building Materials has registered its debt financing instrument TDFI on 14 March 2022 in the unified Chinese interbank bond market and re-registered on 8 March 2024 for a period of two years after its maturity on 14 March 2024. Since the third quarter of 2023, the Company has issued two tranches of ultra-short-term financing securities, completed on November 15, 2023 and April 9, 2024, totaling RMB20 billion and RMB 15 billion, respectively. In addition, the Company was authorized to publicly issue no more than RMB200 billion in corporate bonds on January 17, 2023, and completed the issuance of the first batch of corporate bonds on April 23, 2024, including Class 1 and Type 2, with actual issuance sizes of RMB5 billion and RMB 15 billion, respectively. At the same time...Show More