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Caitong Securities: Approved to publicly issue subordinate bonds with a total face value of no more than 8 billion yuan
Caitong Securities Co., Ltd. Announcement. Recently, it received from the China Securities Regulatory Commission the “Reply on Approving Caitong Securities Co., Ltd. to Register for the Public Issuance of Subordinated Bonds to Professional Investors.” The application for registration to publicly issue subordinated bonds with a total face value of not more than 8 billion yuan to professional investors has been approved. This reply is valid for 24 months from the date of approval of registration. During the period of validity of the registration, the company may issue subordinated bonds in tranches.