2015 Shanxi Securities Co. Ltd short-term corporate bond issuance (second tranche) was accomplished successfully on 10 April 2015, in which ZhongDe Securities was engaged as the sole lead manager. The deal is CNY 400 million with tenor of 6 months and annual coupon rate of 5.90%.

Shanxi Securities Co. Ltd is one of the first batch securities companies which can issue short-term corporate bond approved by CSRC. The first and second offerings of short-term corporate bond were in Dec 2014 and Mar 2015. With the effective communication with SZSE and efficient cooperation with Shanxi Securities, the preparation and approval of deal were cost only 1 month, which showcased ZDS’ high processing efficiency. Under the unstable market condition, ZhongDe Securities project teams effectively discovered the potential investors and ensured the success of bond issuance with relatively low cost.