Gelonghui reported on December 23 that Hubei Chutian Smart Communication (600035.SH) announced that it recently received the approval from the China Securities Regulatory Commission regarding the public issuance of corporate bonds to professional investors by Hubei Chutian Intelligent Transportation Co., Ltd. (Approval No. [2024] 1784). The main content is as follows:
1. The company is approved to publicly issue corporate bonds with a total face value not exceeding 3.5 billion yuan to professional investors. 2. This bond issuance must be conducted strictly according to the 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 during the validity period.
