申万宏源：中国证监会同意向专业投资者公开发行面值总额不超过200亿元的公司债券

Core Viewpoint - The China Securities Regulatory Commission has approved Shenwan Hongyuan Securities to publicly issue corporate bonds and subordinated bonds totaling up to 200 billion yuan each, with the registration valid for 24 months from the approval date [1] Group 1 - Shenwan Hongyuan Securities is authorized to issue corporate bonds with a total face value not exceeding 200 billion yuan [1] - The company is also permitted to issue subordinated bonds with a total face value not exceeding 200 billion yuan [1] - The approval for the bond issuance is effective for 24 months starting from July 25, 2025 [1]