CGS Receives Regulatory Approval for Corporate Bond Issuance

Stock News07-17

The company has announced that China Galaxy Securities Co., Ltd. (06881) has received official approval from the China Securities Regulatory Commission.

The approval grants the company permission to proceed with a public offering of corporate bonds targeting professional investors.

The total face value of the bonds to be issued must not exceed 50 billion yuan.

The registration for this bond issuance is now officially approved.

The validity period for this regulatory approval is set at 24 months from the date of issuance.

The company is authorized to conduct the bond issuance in multiple tranches within this two-year approval window.

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