On December 11, Xiamen Bank Co.,Ltd. announced that in December 2020, it issued perpetual capital bonds totaling 1 billion yuan in the national interbank bond market (referred to as "the bonds").
According to the terms outlined in the bond prospectus, the bonds included an issuer call option. The bank retained the right to fully redeem the bonds at par value on the last day of the fifth interest accrual year (December 10, 2025).
As of the announcement date, with approval from the Xiamen Office of the National Financial Regulatory Administration, the company has exercised this redemption right and fully redeemed the bonds.
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