YICAI｜China Railway Signal & Communication Sci-tech Innovation Renewable Corporate Bond Issuance Approved

China Railway Signal & Communication Corporation Limited (hereinafter referred to as "China Railway Signal & Communication") plans to publicly issue sci-tech innovation renewable corporate bonds to professional investors, with a total par value not exceeding RMB 2.5 billion. Recently, the application for securities issuance has been registered and approved by China Securities Regulatory Commission. This marks the first time for China Railway Signal & Communication to make its debut on the Shanghai Stock Exchange bond platform, as well as the first instance of a central SOE listed on the SSE STAR Market to issue sci-tech innovation bonds. Previously, three STAR Market companies- National Silicon Industry Group Co., Ltd., Nexchip Semiconductor Corporation, and Shanghai Electric Wind Power Group Co., Ltd.- have obtained relevant approvals for the issuance of their sci-tech innovation bonds.

From China Business Network—www.yicai.com on December 1, 2024

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