Summary by Futu AI
China National Building Material Co., Ltd. successfully issued the fifth series of technology innovation bonds aimed at professional investors in 2024, with an issuance size not exceeding 2 billion RMB. This bond series is divided into two types, with durations of 3 years and 5 years respectively. In the end, only the 3-year type was actually issued, with an issuance amount of 2 billion RMB, a subscription multiple of 2.93 times, and a coupon rate of 2.30%. The second type with a duration of 5 years was not actually issued. The issuance work was completed on November 4, 2024, with no directors of the company, senior management, shareholders owning more than 5%, or other related parties participating in the subscription. Underwriting institutions include Citic Securities Co., Ltd., Citic Securities Co., Ltd., Huaxi Securities Co., Ltd., and China Merchants Securities Co., Ltd., among others.