Core Points - The company, Chengfa Environment Co., Ltd., has received approval from the China Securities Regulatory Commission (CSRC) to publicly issue corporate bonds totaling no more than 1.5 billion yuan aimed at professional investors, with the issuance planned for 2025 [2][3] - The bond was initially named "Chengfa Environment Co., Ltd. 2024 Public Offering of Corporate Bonds for Professional Investors," but has been renamed following the naming rules [2] - The lead underwriter, Guotai Junan Securities Co., Ltd., has undergone a name change to Guotai Haitong Securities Co., Ltd. due to a merger with Haitong Securities Co., Ltd., effective from March 14, 2025 [2][3] Summary by Sections - **Bond Issuance**: Chengfa Environment Co., Ltd. is set to issue corporate bonds with a total face value of up to 1.5 billion yuan, approved by the CSRC for professional investors, scheduled for 2025 [2] - **Name Change**: The bond's name has been updated in accordance with regulatory naming conventions, reflecting the new title while maintaining the legal validity of previously signed documents related to the bond issuance [3] - **Underwriter Merger**: The lead underwriter has changed its name to Guotai Haitong Securities Co., Ltd. following a merger, which will see the new entity inherit all rights and obligations of the former Haitong Securities [2][3]