上交所：试点开展公司债券续发行和资产支持证券扩募发行业务

Core Viewpoint - The Shanghai Stock Exchange has issued a notice regarding the pilot program for the continuation of corporate bond issuance and the expansion of asset-backed securities, effective immediately upon release [1] Group 1: Corporate Bond Issuance - The notice defines corporate bond continuation as the incremental issuance by existing issuers of listed corporate bonds, which will be combined with the existing bonds for listing [1] - Issuers must ensure that both original and new bondholders enjoy equal rights and fulfill obligations as per the offering documents and related agreements [1] Group 2: Asset-Backed Securities - The notice describes the expansion of asset-backed securities as the issuance of additional securities by managers of existing real estate asset-backed securities, which will also be combined for listing [1] - The expansion does not involve the establishment of new asset-backed special plans [1] - After the combined listing, the terms related to principal repayment, interest payment, and investor rights protection will generally remain unchanged [1]