Group 1 - The core point of the article is that Zhejiang Merchants Securities Co., Ltd. has updated the status of its 10 billion yuan public bond project to "accepted" as of June 13, 2025 [1] - The funds raised from this bond issuance are intended to be used entirely for repaying the company's bond principal, paying off interest-bearing debts, and supplementing working capital [1] - Specifically, up to 1 billion yuan of the raised funds will be allocated for supplementing working capital [1]