CNBM (03323) will publicly issue the Technology Innovation Corporate Bonds (second series) with a face interest rate of 1.85% for professional investors in 2026.

CNBM (03323) announced that with the approval of the China Securities Regulatory Commission (Document No. 2025 1858), CNBM Limited (hereinafter referred to as the "Issuer") has been permitted to publicly issue corporate bonds with a total face value not exceeding RMB 20 billion to professional investors in stages. Among them, CNBM Limited will publicly issue technological innovation corporate bonds (the second tranche) to professional investors in 2026 with a maximum issuance size of up to RMB 3 billion. This tranche of bonds consists of two types, with one type having a maturity of 3 years and the other type having a maturity of 5 years. The bonds in this tranche will introduce an option for inter-tranche buy-back, with no restrictions on the buy-back ratio. The Issuer and the book-entry manager will jointly decide whether to exercise the option based on the issuance and subscription situation within the total issuance size. On March 5, 2026, the Issuer and the lead underwriter conducted a bond interest rate inquiry among professional institutional investors in the offline market. Based on the results of the inquiry, the final agreed upon face interest rate for type two of this tranche of bonds was set at 1.85%. The Issuer will privately issue this tranche of bonds to professional institutional investors at the above-mentioned face interest rate on March 6, 2026.