Zhaojin Mining: 2025 Issues $100 Million "25 Zhaojin MTN004" with a Yield of 1.8%

Zhaojin Mining Co., Ltd. is pleased to announce that it will issue a $100 million "25 Zhaojin MTN004" with a yield of 1.8% in 2025.

Zhaojin Mining Co., Ltd. (the "Company") is a leading mining company in China, focused on the development and production of copper, gold, silver, lead, zinc and other metals. The Company's main products include copper cathode, copper wire rods, copper plates, gold bars, silver bars and other non-ferrous metal products.

The issuance of "25 Zhaojin MTN004" is a significant step forward in the Company's long-term development strategy, which aims to expand its business scale, improve profitability and enhance shareholders' value. The proceeds from this issuance will be used to finance the Company's ongoing projects, such as the expansion of its copper cathode production capacity and the exploration of new mineral resources.

The "25 Zhaojin MTN004" has a maturity date of 2025, with an annual interest rate of 1.8%. The issuance is expected to be completed by the end of 2024, subject to regulatory approvals and market conditions.