CHINA BUSINESS JOURNAL | 63 Bonds Issued, Totaling RMB 41.9 Billion! The SSE Aims for 100 High-Growth Industrial Bonds by Year-End

By: Sun Ruxiang

Intern Reporter: Sun Ruxiang; Reporter: Xia Xin; Reported from Beijing

According to statistics from the Shanghai Stock Exchange (SSE), as of July 31, a total of 43 industrial issuers have issued 63 high-growth industrial bonds on the SSE, amounting to RMB 41.905 billion.

Previously, the SSE set a target to reach an issuance scale of 100 high-growth industrial bonds by the end of the year.

The SSE encourages issuers to enhance market recognition by strengthening information disclosure and promoting investment and financing communication, thereby reducing investors’ costs of obtaining information.

Recently, the SSE invited high-growth industrial bond issuers to conduct an on-site roadshow. 15 issuers, 30 investment institutions, and several securities firms and rating agencies participated. The theme of the event was “Promoting Investment and Financing Communication, Deepening Mutual Trust”.

During the roadshow, some issuers expressed their gratitude for the high-growth industrial bond mechanism. Since issuing these bonds, they have engaged in extensive communication with numerous investment institutions, further showcasing their strategic plans, business advantages, and development prospects, thereby boosting investor confidence.

During the investor interaction session, investors from various sectors, including brokerage firms' proprietary trading, asset management firms, public funds, trusts, and private equity funds, asked questions across various sectors, including industry, core revenue, project investment, financing structure, and equity changes, broadening their focus on debt repayment capacity.

A representative from the Bond Market Center of the SSE pointed out that centralized roadshows, as an important method for connecting investors and financing, offer wide coverage and are relatively efficient, effectively bridging the gap between issuers and investors. Smoother investment and financing communication also encourages issuers to operate more effectively to attract market attention.

(Editor: Xia Xin; Reviewer: He Shasha; Proofreader: Yan Jingning)