On September 28th, China Construction Bank Corporation's first small and micro-enterprise financial bond of 2025 was officially listed. The bond completed its pricing on September 24th with an issuance scale of 30 billion yuan (comprising a base scale of 15 billion yuan and an additional issuance of 15 billion yuan), a coupon rate of 1.85%, and an overall subscription ratio of 1.5 times. In accordance with relevant laws, regulations, and regulatory requirements, the raised funds will be specifically allocated for lending to small and micro-enterprises, further enhancing the service quality and efficiency for small and micro-enterprises.