Jin10 data reported on June 27, in the afternoon of June 27, Xinyi Solar announced on the Hong Kong Stock Exchange that the first phase of XMC bonds was completed on June 26, 2025. According to the bookbuilding and allocation results, the total issuance scale of the first phase of XMC bonds is 800 million RMB, with a coupon rate of 2.1% per annum, for a period of three years.

Guojin Securities pointed out the need to follow Central Bank Liquidity management, foreign institutional behavior, and geopolitical adjustments. The situation in the United States is affected by Trump's policies and economic data influencing U.S. bond yields, with foreign institutions bullish on A-share technology stocks. The appreciation of the Renminbi may lead to Fluctuation in XMC bond rates, benefiting foreign investors holding XMC bonds, and Renminbi assets may attract more long-term capital allocation.

On December 24th, Jin10 data reported that Nanjing XMC announced that the company plans to use no more than 900 million yuan of its own idle funds to invest in low-risk wealth management products with a maturity of no more than 12 months. The investment aims to improve the efficiency and returns of fund utilization, and has been approved by the board of directors without the need for shareholder approval. The investment period is valid for one year from the date of approval by the board of directors, and the investment amount can be used in a revolving manner and rolled over during the validity period of the resolution. The company will strictly control risks and disclose relevant profit and loss situations in regular reports.

On August 1st, Jin10 Data reported that the first batch of XMC bonds issued by China National Chemical Engineering Group Corporation Limited (00881.HK) have been completed on August 1st, 2024. According to the bookkeeping and distribution results, the total issuance size of the first batch of XMC bonds is RMB 1 billion, with an interest rate of 3.5% and a term of three years.