Shanghai SITICO Assets Management Co., Ltd. (SAM) successfully issued its first tranche of corporate bonds ("20 Shang Guo Tou") on March 6, 2020, with a scale of 800 million yuan, a term of 5 (3+2) years, a corporate credit/debt rating of AAA, a subscription ratio of 4.68, a marginal ratio of 15.67 and a coupon rate of 3.05 percent (the lowest among bonds issued with the same term in Shanghai since 2017). Industrial Securities Co., Ltd. is the lead underwriter and bookkeeper. The bond carries a low coupon rate in the near term, showing that the market recognizes and trusts SAM's qualification.

In the special period of Covid-19 prevention and control, with the strong support of SIG, SAM stayed united, overcame difficulties, steadily advanced epidemic prevention and control and business development in parallel, seized market opportunities, and successfully issued its first tranche of corporate bonds in 2020, to further improve its debt structure, reduce its financing cost and provide strong guarantee for the old brand of "SITICO" to embark upon a new journey.