Jiangsu Changshu Rural Commercial Bank Successfully Issues RMB 500 Million Sci-Tech Innovation Bonds

Deep News12-09

On December 9, Jiangsu Changshu Rural Commercial Bank announced that, with approval from the People's Bank of China, it has successfully issued RMB 500 million in sci-tech innovation bonds (the "Bonds") in the national interbank bond market.

The Bonds were recorded on December 4, 2025, and fully issued by December 8, 2025. They carry a 5-year fixed interest rate with a coupon rate of 1.90%. Proceeds will be allocated exclusively to support sci-tech innovation businesses, in compliance with applicable laws and regulatory approvals.

The Bank stated that this issuance effectively expands its financing channels for supporting sci-tech enterprises, helps reduce their funding costs, and further strengthens its commitment to advancing sci-tech innovation initiatives.

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