广电运通: 广电运通集团股份有限公司公司债券受托管理事务报告（2024年度）

Group 1 - The issuer, GRG Banking Equipment Co., Ltd., has successfully completed the issuance of corporate bonds totaling 10 billion yuan for the first phase (24运通01) and 4 billion yuan for the second phase (25广电运通K1) [3][4] - The issuer's credit rating is AAA with a stable outlook, indicating strong debt repayment capability and low default risk [4][12] - The issuer's operating revenue for 2024 increased by 20.16% compared to 2023, primarily due to the acquisition of 广电五舟 and increased revenue from digitalization projects [9][10] Group 2 - The issuer's total assets reached 28.09 billion yuan at the end of 2024, reflecting a 7.42% increase from the previous year [9] - The issuer's total liabilities were 12.79 billion yuan, with a debt-to-asset ratio of 45.54%, indicating a slight increase but no significant adverse changes [10][11] - The issuer has effectively utilized the raised funds, with all funds from the 24运通01 bond fully deployed by the end of 2024 [10]