Zheng Quan Zhi Xing·2025-08-25 16:31Core Points - The company has received approval from the China Securities Regulatory Commission (CSRC) to publicly issue perpetual subordinated bonds with a total face value of up to 15 billion yuan [1][2] - The issuance of these bonds must strictly follow the prospectus submitted to the Shanghai Stock Exchange [1] - The approval is valid for 24 months from the date of registration, allowing the company to issue the bonds in tranches during this period [1] - The company is required to report any significant events that occur from the date of registration until the completion of the bond issuance [1] Summary by Sections - Approval Details - The CSRC has granted approval for the company to issue perpetual subordinated bonds totaling up to 15 billion yuan [1] - The issuance must comply with the submitted prospectus [1] - Issuance Timeline - The approval is effective for 24 months, allowing for staggered issuance of the bonds [1] - Reporting Obligations - The company must report any major events occurring during the registration and issuance period [1]