Summary by Moomoo AI
Sinotrans Limited ("the Company") has posted the first indicative announcement on the issuance of corporate bonds for professional investors in 2021 on the website of the Shanghai Stock Exchange. The bonds (first tranche) will be due in 2024, and investors are allowed to choose to sell all or part of their "21waixun01" bonds held at face value back to the Company during the registration period for repurchase from July 1 to July 5, 2024, or to continue holding them. Any investor who fails to register within the deadline is deemed to have chosen to continue holding the bonds. The payment date for repurchase funds is set for July 26, 2024, and the settlement procedures will be handled by China Securities Depository and Clearing Corporation Limited Shanghai Branch. Members of the board of directors of the Company assume legal responsibility for the authenticity, accuracy, and completeness of the announcement.