On April 15, ZGC Development Group publicly issued 2021 renewable corporate bond targeted at professional investors, with a mature term of 2+N years and a coupon rate of 3.74%. 

Although the fund market is increasingly tight, the Group precisely grasped the short window of ample liquidity to issue ￥2 billion worth of renewable corporate bond, facilitating the Group’s low-cost equity financing.

On the one hand, this bond issuance could improve the Group’s financial structure and reduce capital costs, securing funds for its strategic transformation; on the other hand, it reflected the capital market’s high recognition of the Group’s business model and sustainable development and highlights the increasingly higher business reputation and brand influence of the Group, laying a solid foundation for its robust development.