China Information Technology Development Limited has completed the issuance of the Bonds to professional investors on 12 July 2023. The total principal amount of the Bonds is HKD 100 million. The Bonds are offered at a discount with an effective yield to maturity of 3.73% per annum.

The Bonds shall mature on 27 June 2053. The proceeds from the issuance of the Bonds will be used to develop Web3.0 and blockchain business.