Huaxia Bank has successfully issued 4.5 billion yuan in financial bonds using a pioneering model that integrates blockchain technology with digital RMB. This marks the industry's first instance of "blockchain book-building + digital RMB collection." The entire issuance process was recorded on the blockchain, ensuring transparency and immutability, allowing investors to access real-time information. The funds were collected directly through digital RMB, streamlining the process by eliminating multiple clearing steps. The bond, issued by Huaxia Financial Leasing Co., Ltd., initially planned for 3 billion yuan but included a 1.5 billion yuan over-allotment, which was fully utilized. The bonds carry a 3-year coupon rate of 1.84%.