China Cinda Asset Management Co., Ltd. issued tier-2 capital bonds totaling RMB8 billion in November 2020. According to the terms set out in the issuance prospectus, these bonds included a redemption option on the last day of the fifth interest accrual year, which was November 20, 2025. The issuer exercised this option and has now completed the full redemption of the bonds. The announcement was dated November 21, 2025.
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