ZTE Corporation has received the "Notice of Admission for Registration issued by the National Association of Financial Market Institutional Investors agreeing to accept the registration of the Company's debt financing instruments, which is valid for a period of 2 years from the date of the Notice. During the effective term of registration, the Company may issue super short-term commercial paper (the "SCP"), short-term commercial paper, medium-term note, perpetual note and asset-backed note in different tranches, may also targeted issue related products.
On 18 January 2022, the Company completed the issuance of 2022 Tranche V to Tranche VII SCP at the nominal value. 2022 Tranche V SCP issued at the nominal value of RMB100 each for an issue amount of RMB 1 billion. The term of the Tranche V SCP shall be 71 days and interest shall be accruable from 18 January 2022 at an interest rate of 2.30% and payable on 30 March 2022. China Construction
Bank Co. Ltd. is lead underwriter. 2022 Tranche VI SCP issued at the nominal value of RMB100 each for an issue amount of RMB 1 billion. The term of the Tranche VI SCP shall be 71 days and interest shall be accruable from 18 January 2022 at an interest rate of 2.30% and payable on 30 March 2022. China Merchants Bank Co. Ltd. is lead underwriter.