China Securities Depository and Clearing Corporation is publicly soliciting opinions on the "Essential Terms of the Bond General Pledge-style Repo Transaction Settlement Entrustment Agreement (Draft for Comments)" and the "Essential Terms of the Bond General Pledge-style Repo Transaction Settlement Risk Disclosure Document (Draft for Comments)"

The main contents of the "Essential Terms of the Agreement" and "Essential Terms of the Risk Disclosure Statement" are as follows. (1) Clarify the statements and guarantees of both parties to the agreement, as well as their rights and obligations. First, clarify the statements and guarantees that both parties should make, including qualifications and requirements for conducting business, awareness and willingness to bear corresponding business risks, and compliance with risk control requirements and default disposal arrangements. Second, clearly stipulate the rights and responsibilities of both parties in various aspects such as transaction settlement, risk management, and default disposal