Traditional manufacturing giants are issuing bonds to pursue the digital economy—at a 1.95% interest rate, which is even lower than wealth management products; are institutions scrambling for it?

Mars Finance News: On May 28, TCL Technology announced that its 2026 public offering of technological innovation corporate bonds (Digital Economy) (Phase 1) for professional investors meets the Shenzhen Stock Exchange bond listing requirements and will be listed starting May 29 for trading among institutional investors within the professional investor category. The total issuance amount of the bond is 2.0 billion yuan, with a term of 3 years, a coupon rate of 1.95% per annum, an interest-bearing start date of May 22, and a maturity date of May 22, 2029. (Company Announcement)