CICC (03908) has announced the issuance of its 2026 public corporate bonds (third tranche) targeting professional investors, with a total issuance scale not exceeding RMB 3 billion (inclusive). The issuance is divided into two series: Series One with an issuance amount not exceeding RMB 3 billion (inclusive), and Series Two with an issuance amount not exceeding RMB 3 billion (inclusive). The combined issuance for both series of this tranche will not exceed RMB 3 billion (inclusive). On May 14, 2026, the lead underwriter conducted an offline inquiry with investors regarding the coupon rates. Based on the results of the investor inquiries, the final coupon rate for Series One of this bond tranche has been set at 1.47%, and for Series Two at 1.69%.
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