Gelonghui, May 24 | Shanghai Agricultural Commercial Bank (601825.SH) announced that with the approval of the People's Bank of China's “Administrative License Approval Decision” (2024) No. 53), Shanghai Rural Commercial Bank Co., Ltd. recently successfully issued the “Shanghai Rural Commercial Bank Co., Ltd. 2024 Small and Micro Enterprise Loan Special Financial Bonds (Phase 1)” (hereinafter referred to as the “Current Issue”) in the national interbank bond market, and completed the registration and custody of the bonds at the Central Treasury Bond Registration and Settlement Co., Ltd.

The current bond was recorded and filed on May 22, 2024, and issued on the national interbank bond market on May 24, 2024. The issuance scale of the current bond is RMB 5 billion. The type is a 3-year fixed interest rate bond with a coupon interest rate of 2.23%. The funds raised in this issue will be used specifically to issue loans to small and micro enterprises in accordance with applicable laws and the approval of the supervisory authorities, increase credit support for small and micro enterprises, and promote the steady and healthy development of small and micro enterprise businesses.