On September 11, Qingdao Conson Development (Group) Co., Ltd. wrapped up the issuance of its sixth tranche of publicly offered corporate bonds targeting professional investors for 2026. Following consultations between the issuer and the lead underwriters, the entire allocation of Tranche 1 was shifted into Tranche 2, which saw a final issuance size of 700 million yuan at a coupon rate of 2.38%.

Authorized under the China Securities Regulatory Commission's approval document "Zheng Jian Xu Ke [2026] No. 1449," the company is permitted to publicly offer corporate bonds totaling no more than 6 billion yuan (inclusive) in face value to professional investors. The current bond issuance amount was capped at 700 million yuan (inclusive).

The bonds were structured into two tranches: Tranche 1 carries a five-year term, while Tranche 2 features a ten-year maturity. Priced at 100 yuan per unit, the bonds were issued via inquiry-based placement exclusively for professional institutional investors, with the subscription period spanning from September 10 to September 11, 2026.

Notably, none of the issuer's directors, senior management, shareholders holding more than 5% stakes, or other related parties participated in the subscription of these bonds. Meanwhile, the underwriting institutions—CITIC Securities Co., Ltd., Everbright Securities Co., Ltd., and China Merchants Securities Co., Ltd.—along with their affiliates, collectively secured 260 million yuan of the total issuance.

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