Sinopec Corp (00386) announced that the company recently received a notice from the China Securities Regulatory Commission (referred to as...
Zhijing Finance APP News, Sinopec Corp (00386) announced that the company recently received a reply from the China Securities Regulatory Commission (referred to as the "CSRC") approving the registration for the public issuance of corporate bonds to qualified investors by Sinopec Corp Limited (Approval No. 2024-1571). The main contents of the reply are as follows:
1. Approve the company's registration application to publicly issue corporate bonds to qualified investors with a total face value not exceeding 40 billion yuan.
2. The issuance of corporate bonds in this issue shall 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 corporate bonds in installments within the registration validity period.
4. From the date of registration approval to the end of this corporate bond issuance, in the event of significant events, the company should promptly report and handle them in accordance with relevant regulations.
The company will handle the relevant matters of this public issuance of corporate bonds within the authorization scope of the company's shareholder meeting in accordance with relevant laws and regulations and the aforementioned approval documents, and fulfill the obligation of timely information disclosure.