CNBM completed the issuance of RMB2 billion technology innovation renewable corporate bonds with coupon rates of 1.60% and 1.70%.

On October 19, China National Building Material (03323. HK) issued renewable corporate bonds for scientific and technological innovation (the second issue) to professional investors in 2026, which was completed on October 19, 2026, with a total actual issuance size of 2 billion yuan.

The Bonds are divided into two types: Type 1 has a term of 3 + N years, the actual issue amount is RMB500 million, the subscription multiple is 2.84 times and the final coupon rate is 1.60%; Type 2 has a term of 5 + N years, the actual issue amount is RMB1.5 billion, the subscription multiple is 2.3 times and the final coupon rate is 1.70%. The issuance price is 100 yuan per sheet, which is issued by means of off-line inquiry and placement to professional institutional investors. The

related party of the issuer, China National Building Material Group Finance Co., Ltd., subscribed 180 million yuan, and the underwriters, CITIC Securities Co., Ltd., Guotai Haitong Securities Co., Ltd., Huatai United Securities Co., Ltd., China International Capital Corporation Limited and its related parties, subscribed 1.23 billion yuan. The issuer's directors, senior managers, shareholders holding more than 5% of the shares and other related parties do not participate in the subscription.

The Bonds were approved for registration by the China Securities Regulatory Commission (Zheng Jian Xu Ke [2026] No.2087), and are part of the tranche issuance of corporate bonds with a total face value not exceeding RMB10 billion.