CZBANK Announces Plan to Issue Up to 140 Billion Yuan in Financial Bonds

Deep News06-29

On June 29th, China Zheshang Bank Co.,Ltd. (SEHK: 02016) released an announcement regarding resolutions from its seventh board of directors' third interim meeting for 2026.

The board reviewed and approved a proposal concerning the issuance of Renminbi financial bonds, agreeing that the bank will apply to issue bonds not exceeding 140 billion yuan.

The validity period for this issuance quota extends until the end of June 2027.

The types of bonds to be issued include, but are not limited to, small and micro enterprise financial bonds, green financial bonds, ordinary financial bonds, science and innovation bonds, and agriculture-related bonds.

The board also agreed to request that the shareholders' general meeting authorize the board, which will in turn delegate authority to the management, to proceed with the issuance at an opportune time based on market conditions.

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