China Railway Group (00390) has announced the conclusion of its corporate bond issuance. The company's 2026 Science and Technology Innovation Corporate Bonds (First Tranche), issued publicly to professional investors, completed their issuance process on March 23, 2026. This bond issue, identified as 26 Tiegong K1 with the code 244840.SH, achieved a total issuance scale of 3 billion yuan. The final coupon rate was set at 1.66%, and the subscription multiple reached 3.1133.