On July 27^th, Shougang Group Co., Ltd. successfully launched the first Regulation S senior unsecured fixed-rate bonds of 400 million euros with a period of three years and a coupon rate of 1.35%.

Recently, the global central bank released an austerity signal, the bond yields of various countries increased, and investors became more conservative. With the support of the municipal government, unique advantages of transformation development, good credit foundation and the time-honored effect of brand accumulation, and after solid preparation and efficient roadshows, the euro bonds issued by Shougang Group are becoming favored in the market, winning oversubscription 3.6 times as much as the effective orders, which include many orders from world-famous, high-quality institutional investors. This demonstrates great recognition and strong confidence of investors for the development and transformation of Shougang Group.