On February 27, CNBM Ltd. successfully issued 1 billion yuan of renewable corporate bonds for epidemic prevention and control with a maturity of 5+N years and a coupon rate of 3.65%. It is the first renewable corporate bond for epidemic prevention and control with a maturity of 5+N years in China, and the bond issue rate has hit a new low for the bonds of the same variety in the whole market since 2017.