Shang Hai Zheng Quan Bao·2026-01-28 18:35Group 1 - 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 3 billion yuan [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 will handle the issuance of the bonds in accordance with relevant laws, regulations, and shareholder authorization, and will fulfill its information disclosure obligations in a timely manner [1] Group 2 - The company’s wholly-owned subsidiary, Guolian Minsheng Securities Underwriting and Sponsorship Co., Ltd., is involved in a major lawsuit and has filed an appeal against a first-instance judgment [4][6] - The total amount involved in the lawsuit is approximately 274.98 million yuan, with the company bearing a 5% joint liability for the debt [4][6] - The company has made provisions for expected liabilities based on the first-instance judgment, but it is stated that the lawsuit will not have a significant adverse impact on the company's current or future profits [5][7] Group 3 - The company confirms that there are no other significant lawsuits or arbitration matters that have not been disclosed as of the date of the announcement [8]