Subsidiary FII Issue of Debt
Subject: Anoucement of subsidiary FII convening the board of directors about the Issuance of Corporate Bonds
Date of events:2023/05/12
Contents:
1.Date of the board of directors resolution:2023/05/12
2.Name [issue no.__ of (secured, unsecured) corporate bonds of ___________ (company)]: Corporate Bonds
3.Whether to adopt shelf registration (Yes/No):Yes
4.Total amount issued: Not exceed RMB 6 billions (including 6 billions)
5.Face value per bond: RMB 100
6.Issue price: At Par
7.Issuance period:
To be determined; The duration of the bonds issued hereunder will be no more than 5 years. The bonds can be either a single or a mixed term structure.
8.Coupon rate:
The coupon rate of the bonds is fixed and is taken allotment method
towards qualified investors. The coupon rate will be determined by the
issuer and the underwriter in accordance with relevant national
regulations in accordance with the results of inquiry.
9.Types, names, monetary values and stipulations of collaterals: NA
10.Use of the funds raised by the offering and utilization plan:
After deducting the issuance expenses, the proceeds from the issuance
of the Corporate Bonds will be used to supplement working capital, replace
outstanding interest-bearing liabilities , and other purposes that
complied with the national laws and regulations.
11.Underwriting method: To be determined
12.Trustees of the corporate bonds: To be determined
13.Underwriter or agent: To be determined
14.Guarantor(s) for the issuance: NA
15.Agent for payment of the principal and interest: To be determined
16.Certifying institution: NA
17.Where convertible into shares, the rules for conversion: NA
18.Sell-back conditions: NA
19.Buyback conditions: NA
20.Reference date for any additional share exchange, stock swap, or subscription: NA
21.Possible dilution of equity in case of any additional share exchange,
stock swap, or subscription: NA
22.Any other matters that need to be specified:
This proposal still needs to be submitted to FII shareholders' meeting for approval; After approved by FII shareholders' meeting, it is valid within 24 months after the date of approval.
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