On March 10, Jiangbei Industrial Investment Group, located in the China (Jiangsu) Pilot Free Trade Zone Nanjing Area, successfully issued a high-quality corporate bond worth RMB 1.2 billion in 2021 at a record low price, second only to Shanghai Lujiazui Group in China.

The corporate bond saw 2.68 times of subscription with coupon rate of 3.87%. The issuance cost is second only to that of Shanghai Lujiazui Group nationwide, showing investors’ confidence in the future development of Jiangbei New Area (Pilot Free Trade Zone).

Jiangbei Industrial Investment Group aims to expand its working capital with the fund raised, further optimize its financial structure, reduce financing costs, so that it can provide strong financial support for the development of emerging industries and innovative industrial distribution in Jiangbei New Area (Pilot Free Trade Zone).