Suxin Zengzhu Helps Zhenjiang Issue Its First Science and Innovation Enterprise Bond

Ma Xiaobo

On March 20th, Dahan Youneng Electric Co., Ltd. Sci-Tech Innovation Corporate Bonds (Specialized, Innovative, and High-Growth Industry Bonds), guaranteed by Jiangsu Credit Enhancement Co., Ltd. (referred to as “Suxin Zeng”), were listed and issued on the Shanghai Stock Exchange. This bond is the first specialized, innovative, and high-growth “double-label” Sci-Tech Innovation Bond nationwide, and also the first Sci-Tech Innovation corporate bond in Zhenjiang.

Dahan Youneng is a national-level “Little Giant” enterprise recognized as specialized, innovative, and high-growth. This bond issuance marks the company’s debut in the capital market, with a scale of 100 million yuan, a term of 5 years, a coupon rate of 2.6%, and a bidding multiple of 2.1 times. Suxin Zeng has created an innovative model of “specialized, innovative, and high-growth + professional credit enhancement,” providing precise financial support for core technology R&D, production line upgrades, and capacity expansion.

As a wholly owned subsidiary of Jiangsu Credit Insurance Group, Suxin Zeng has achieved a “AAA” main body rating and full licensing for contract-based credit derivatives since its establishment in September 2025, continuously setting new examples and exploring new paths for serving the development of new quality productivity. A relevant person in charge of Suxin Zeng stated that in the future, they will continue to leverage the advantages of efficient financial services and professional credit enhancement tools, adhere to the philosophy of “studying new situations and solving new problems,” motivate more technology-based enterprises to actively connect with the capital market, and promote regional technological innovation and industrial development.