On February 27, Sinochem Energy completed its first issuance of corporate bonds, totaling RMB 2 billion, including 3-year corporate bonds of RMB 1.5 billion and 5-year corporate bonds of RMB 0.5 billion. This issuance harvested orders of nearly RMB 4 billion from 32 institutional investors, including the famous China Merchants Bank, E Fund, and Changjiang Pension Insurance Co., Ltd.