CICC: Public issuance of corporate bonds for technology innovation companies to professional investors has been approved by the CSRC

CICC announced that it recently received a reply from the China Securities Regulatory Commission, agreeing to the company's application for the public issuance of corporate bonds for technological innovation with a total face value of no more than 10 billion yuan to professional investors. This approval is valid for 24 months from the date of registration approval, and the company can issue corporate bonds for technological innovation in installments during the validity period of the registration