Group 1 - The core point of the article is that Guotai Junan Securities has received approval from the China Securities Regulatory Commission to publicly issue subordinated bonds totaling up to 30 billion yuan [1] Group 2 - The approval allows the company to issue subordinated bonds specifically to professional investors [1] - The registered amount for the bond issuance is capped at a total face value of 30 billion yuan [1] - This move is part of the company's strategy to enhance its capital structure and support its business operations [1]

Core Viewpoint - Guotai Junan Securities has received approval from the China Securities Regulatory Commission (CSRC) to publicly issue subordinated bonds totaling up to 30 billion yuan [1] Summary by Sections Approval Details - The CSRC has granted approval for Guotai Junan to issue subordinated bonds with a total face value not exceeding 30 billion yuan [1] - The issuance must strictly follow the prospectus submitted to the Shanghai Stock Exchange [1] Issuance Timeline - The approval is valid for 24 months from the date of registration by the CSRC, allowing the company to issue the bonds in multiple tranches during this period [1] Reporting Obligations - The company is required to report any significant events that occur from the date of CSRC approval until the completion of the bond issuance, in accordance with relevant regulations [1]

Core Points - The company received approval from the China Securities Regulatory Commission (CSRC) for the public issuance of subordinated bonds to professional investors [1] - The total face value of the subordinated bonds to be issued is not to exceed 30 billion yuan [1] - The approval is valid for 24 months from the date of registration by the CSRC, allowing the company to issue the bonds in tranches during this period [1] - The company will comply with relevant laws and regulations regarding the issuance of these subordinated bonds and will fulfill its information disclosure obligations in a timely manner [1]