Summary by Moomoo AI
Heng An International Group Limited announced that it has been approved by the China Securities and Exchange Commission to issue corporate bonds of no more than RMB 100 billion to professional investors. The Company submitted an application to the Securities and Exchange Commission of China in November 2023 and has obtained Document Approval No. 2872 [2023] on 2 January 2024. The issuance of corporate bonds will be carried out in several batches and is expected to be completed within 24 months from the date of approval. Heng An International stresses that despite approval, corporate bond issuance may or may not take place, so shareholders and potential investors should exercise caution. The Company will announce the detailed arrangements for issuing the Company's bonds in due course.