Changjin Holdings Co., Ltd. recently issued Changzhou’s first sci-tech innovation bond, officially listed on the Shanghai Stock Exchange (SSE). The debut offering raised RMB 500 million, with a five-year maturity and a 2.20% coupon rate.

The proceeds will be directed toward Changzhou’s strategic industries—new energy vehicles and core auto components, new materials, biopharmaceuticals and medical devices, next-generation information technology, smart energy, and high-end intelligent equipment—collectively referred to as the city’s “Four New, Two Smart” sectors. These industries represent the focus of Changzhou’s efforts to cultivate new quality productive forces.

Sci-tech innovation bonds are designed to provide long-term, equity-style financing to support enterprises throughout the innovation lifecycle—from basic research and technological breakthroughs to commercialization—while helping overcome key technological bottlenecks.

The issuance not only highlights growing investor confidence in Changjin Holdings’ capacity to drive innovation, but also marks an important step in expanding access to low-cost financing for Changzhou’s innovation-led economy. Going forward, the company plans to deepen its financial services, offer customized funding solutions for tech-focused firms, and contribute to the city’s high-quality, innovation-driven development.

扫一扫在手机打开当前页