Xiamen Tungsten (SHA:600549) issued 500 million yuan in 270-day bonds, according to a Monday filing with the Shanghai bourse.
The bonds have an interest rate of 1.48%.
China Construction Bank Corporation (HKG:0939, SHA:601939) is the lead underwriter, while Industrial and Commercial Bank of China (HKG:1398, SHA:601398) is the joint lead underwriter.
Shares rose 2% during the midday break on Monday.