CREC(SZ:000736) Zheng Quan Zhi Xing·2025-09-01 09:20Core Viewpoint - The announcement details the completion of the debt assumption obligations by China Communications Real Estate Group Co., Ltd. for the bonds originally issued by China Communications Real Estate Co., Ltd. [1] Group 1: Bond Information - The bonds involved in the debt assumption include "21 Zhongjiao Bond," "23 Zhongjiao 06," "25 Zhongjiao 01," "25 Zhongjiao 02," and "25 Zhongjiao 03" [2][4] - The original issuer, China Communications Real Estate Co., Ltd., will no longer be the debtor for these bonds, as the repayment obligations have been transferred to China Communications Real Estate Group [4] Group 2: Company Information - China Communications Real Estate Group Co., Ltd. was established on March 24, 2015, with a registered capital of 1,500,000,000 RMB [1][3] - The company operates in the real estate industry, focusing on real estate development, property management, and investment management [3] Group 3: Debt Assumption Process - The debt assumption process has been approved by the internal decision-making bodies of both the original issuer and the assuming party, and a bondholders' meeting has been held to pass the resolution [3][4] - The original guarantor for "21 Zhongjiao Bond" has signed a release agreement regarding the guarantee obligations [3] Group 4: Rights and Obligations - China Communications Real Estate Group will continue to fulfill the obligations related to the bonds, including interest payments and information disclosure, ensuring the protection of investors' rights [4] - The key terms of the bonds, such as interest rates and issuance periods, will remain unchanged following the transfer [4]