On November 7, Gelun Hui announced that Anhui Expressway (600012.SH) recently received the approval from the China Securities Regulatory Commission for the public issuance of corporate bonds to professional investors, with the main content as follows:
1. Approve the company's registration application to publicly issue corporate bonds with a total face value not exceeding RMB 5 billion to professional investors; 2. This issuance should strictly follow the fundraising prospectus submitted to the Shanghai Stock Exchange; 3. This approval is valid for 24 months from the date of registration approval, and the company can issue the bonds in installments during the validity period; 4. From the date of registration approval until the end of this issuance, if the company experiences major events, it shall promptly report and handle them in accordance with relevant regulations.
