On July 1, 2022, SIG Asset Management Co., Ltd. (SIGAM) issued its second-tranche corporate bonds in 2022.

With a scale of 1.2 billion yuan, a term of 3 years, an over-subscription ratio of 2.96 and a coupon rate of 2.90%, the issue attracted more than 30 institutions, including banks, securities brokers, fund companies, insurance companies and trust companies, showing the capital market's high recognition of SIGAM's qualification.

The successful issue marks the fulfillment of the approval document on issuing common corporate bonds of 2.5 billion yuan obtained by SIGAM in October 2021. Under the document, SIGAM issued three tranches of corporate bonds, with a scale of 900 million yuan, 400 million yuan and 1.2 billion yuan, a coupon rate of 3.12%, 2.80% and 2.90%, and a weighted rate of 2.96%, recording the lowest issue cost among SIGAM's medium & long-term bonds. The issue will provide strong support for SIGAM to focus on its primary business--investment and for Shanghai to resume work and production.