On August 7th, Gelunhui reported that Jiangsu Expressway (00177.HK) received the 'Acceptance of Registration Notice' (China Securities Clearing [2022] SCP476) from the China Securities Industry Association in November 2022. According to the notice, the company is allowed to issue ultra-short-term financing bonds in a staggered manner within two years from November 24th, 2022, with a total amount not exceeding 800 million yuan. Bank of China is the regulator for this matter.
On August 6th, 2024, the company issued the 14th ultra-short-term financing bonds of 2024, with a total actual issuance of 0.565 billion yuan and an issuance interest rate of 1.86%, with a duration of 51 days.