---
title: "XREC has been approved to publicly issue corporate bonds not exceeding 2 billion yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/223785366.md"
description: "According to the Zhitong Finance APP, XREC announced that the company received a reply from the China Securities Regulatory Commission, agreeing to the company's public issuance of corporate bonds with a total face value not exceeding 2 billion yuan to professional investors. The approval is valid for 24 months from the date of registration approval, and the company can issue in installments within the validity period of the registration"
datetime: "2025-01-02T10:18:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/223785366.md)
  - [en](https://longbridge.com/en/news/223785366.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/223785366.md)
---

# XREC has been approved to publicly issue corporate bonds not exceeding 2 billion yuan

According to the Zhitong Finance APP, XREC (000598.SZ) announced that the company has received approval from the China Securities Regulatory Commission, allowing the company to publicly issue corporate bonds with a total face value of no more than 2 billion yuan to professional investors. The approval is valid for 24 months from the date of registration consent, and the company can issue in installments during the validity period

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